Symposium on Infant Industries

References

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• Reinert , E. 1995 . Competitiveness and its predecessors--a 500-year cross-national perspective . Structural Cchange and Economic Dynamics , 6 : 23 – 42 . I would like to reiterate the critical role of IIP in "catch-up" by every major industrialized country. Ha-Joon Chang provides an excellent review in Kicking Away the Ladder: Development Strategy in Historical Perspective (London, Anthem Press, 2002) (see his article in this issue summarizing some of his arguments). Consider also this prescient 1947 quotation from Dorfman. "Free trade is the ideal, and the US will proclaim the true cosmopolitan principles when the time is ripe. This will be when the US has a hundred million people, when the seas are covered with her ships, when American industry attains the greatest perfection, and New York is the greatest commercial emporium and Philadelphia the greatest manufacturing city in the world. And when no earthly power can longer resist the American Stars, then our children's children will proclaim freedom of trade throughout the world, by land and sea."
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• LaIl , S. 1996 . Learning from the Asian Tigers , London : Macmillan . The role of IIP in interventionist states differed. It was crucial where governments wanted advanced technological capabilities in domestic industry (Korea being the best example). It was not needed where the economy wanted to integrate into technology-intensive global production systems via FDI rather than to boost local innovation (like Singapore). However, both strategies involved heavy government intervention to launch and sustain growth and deepening: the common element was the promotion of local capabilities. See
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• Westphal , L. 2002 . Technology strategies for economic development in a fast changing global economy . Economics of Innovation and New Technology , 11 : 275 – 320 . For an excellent review of industrial policy see
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• LaIl , S. 2001 . Competitiveness, Technology and Skills , Cheltenham : Edward Elgar .
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