Suchergebnisse

This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy, ' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa, ' was held in Pretoria, South Africa. In the wake of the global financial crisis, there is a new impetus for industrial policy. In Europe and the United States, where the crisis emphasized that markets are by themselves imperfect, industrial policy has re-entered the dialogue about restoring growth. And in emerging economies especially, policymakers have taken a keen interest in the various ways smart industrial policy can help sustain growth and open up new possibilities for employment creation. In this volume, world-renowned economists and policymakers write about industrial policy's rejuvenation, particularly in a development context. Through discussions of theory and case studies, the volume provides the broad context for its companion, New Thinking on Industrial Policy: Implications for Africa.

Industrial Policy in the African Context: Introduction-- Justin Yifu Lin et al 1. New Thinking on Industrial Policy 1.1. The Learning Economy: Spillovers and Learning Processes-- Bruce Greenwald and Joseph Stiglitz 1.2. From Flying Geese to Leading Dragons: New Opportunities and Strategies for Structural Transformation in Developing Countries-- Justin Yifu Lin 2. Structural Transformation: Lessons from History 2.1. Accumulation of Capabilities, Structural Change and Macro Prices: an Evolutionary and Structuralist Roadmap-- Mario Cimoli and Gabriel Porcile 2.2. Industrial Policy: Can Africa Do It?-- Ha Joon Chang 3. New Global Order and African Reindustrialization 3.1. Winning the Jackpot: Jobs Dividends in a Multi-polar World-- Celestin Monga 3.2. Walking (stumbling?) on Two Legs: Meeting SSA's Industrialization Challenge-- Raphael Kaplinsky 4. Macroeconomics and Governance: Creating an Enabling Environment 4.1. How Macroeconomic Policy Can Support Economic Development in Sub-Saharan African Countries-- James Heintz 4.2. Competition Policy, Industrial Policy and Corporate onduct-- Simon Roberts 4.3. Political Settlements and the Design of Technology Policy-- Mushtaq Khan 4.4. Infant Capitalists, Infant Industries and Infant Economies Trade and Industrial Policies for Early Stages of Development in Africa and Elsewhere-- Akbar Noman 4.5. Industrial Policies and Contemporary Africa: Frontiers of Political Economy and Social Science-- Richard Joseph 5. Trade, Finance and Sectoral Policies 5.1. Does Financial Market Liberalization Promote Financial Development?-- Hamid Rashid 5.2. Financialization as an Obstacle to Industrialization-- C.P. Chandrasekhar 5.3. Towards a Resource-based African Industrialisation Policy-- Paul Jourdan 5.4. The Global 'Rush' for Land: Does it Provide Opportunities for African Countries?-- Klaus Deininger 5.5. Trade Facilitation and African Industrialization: An Agenda for the Textile and Apparel Industry-- Dominique Njinkeu, Julie L

Through which mechanisms do officials in rural areas in China reach the higher cadre positions in government bureaucracies? Literature on career advancement variously points to the relevance of human capital, social capital and political loyalty, but does not provide unambiguous answers as to which type of capital plays which role in the mobility of government officials. Adopting social network analysis, the authors conducted fieldwork in a township in northeast China, and obtained overwhelming evidence of the crucial importance of the 'strong ties' variety of social capital (real and fictive kinship relations) for recruitment and promotion at the township level. More specifically, for the highest positions both human and social capital are required, for medium-level functions social capital alone is enough. Those who are successful and have primarily social capital acquire human capital through obtaining or buying university degrees. Likewise, tokens of political loyalty can be purchased whenever required for entering relevant administrative positions. Those who initially have only human capital will rapidly need to acquire social capital by developing fictive kinship relations if they wish to make steps in their careers. (J Contemp China/GIGA)