Latecomers in the Global Economy

InILatecomers in the Global Economy,the authors address a new formulation of industrial policy for latecoming ,semi-industrialized countries. They argue that as national economies acquire an unprecedented degree of openness, countries in different stages of development increasingly compete in a common arena but with unequal terms of competition. This book seeks to develop systematic theoretical arguments about consistent, sustainable industrial policies for latecomers in order to offer the basis for theory and public policy. With contributions from some of the best-known economists currently working in this area, the book will be a valuable guide for economists and international policy makers interested in development issues.