The Practice of Industrial Policy Government—Business Coordination in Africa and East Asia

John Page, Senior Fellow, Global Economy and Development, The Brookings Institution,Finn Tarp, Director, UNU-WIDER and Professor of Development Economics, University of Copenhagen

John Page is a Senior Fellow in the Global Economy and Development Program at the Brookings Institution and a Non-resident Senior Fellow of the UNU World Institute for Development Economics Research (UNU-WIDER). He is also visiting professor at the National Graduate Institute for Policy Studies, Tokyo, Japan and a Research Associate of the Centre for the Study of African Economies at Oxford University. From 1980 to 2008 he was at the World Bank where his senior positions included: Director, Poverty Reduction, Director, Economic Policy, and Chief Economist, Africa. He is the author of several books and more than 100 published papers on economic development.

Finn Tarp is Director of UNU-WIDER and Professor of Development Economics at the University of Copenhagen. He has some four decades of experience in academic and applied development economics research, teaching, and policy analysis. His field experience covers more than 20 years of in-country assignments in 35 countries across the developing world, including longer-term assignments in Swaziland, Mozambique, Zimbabwe, and Viet Nam. Finn Tarp has published widely in leading international academic journals alongside a series of books, and he is a member of the World Bank Chief Economist's 'Council of Eminent Persons'.

1. Overview and Insights, John Page and Finn Tarp
PART I: COORDINATION AND INDUSTRIAL POLICY
2. Industrial Policy, Learning, and Development, Joseph E. Stiglitz
3. Coordination through an Asian Lens, Justin Yifu Lin and Khuong Minh Vu
4. State-Business Relations as Drivers of Economic Performance, Alberto Lemma and Dirk Willem te Velde
5. State Capability and Prospects for Close Coordination: Considerations for Industrial Policy in Africa, Rachel M. Gisselquist
PART II: COORDINATION MECHANISMS IN ASIA
6. Korea's Evolving Business-Government Relationship, Eun Mee Kim
7. The Industrial Policy Experience of the Electronics Industry in Malaysia, Rajah Rasiah
8. Case Studies of Decentralized Coordination in China, Hinh T. Dinh
9. The Political Economy of Industrial Development in Viet Nam: Impact of State-Business Relationship on Industrial Performance, 1986-2013, Tu-Anh Vu-Thanh
PART III: BUILDING COORDINATION IN AFRICA
10. A Natural Experiment of Industrial Policy: Floriculture and the Metal and Engineering Industries in Ethiopia, Mulu Gebreeyesus
11. Policy Coordination and Growth Traps in a Middle-Income Country Setting: The Case of South Africa, Haroon Bhorat, Aalia Cassim, and Alan Hirsch
12. Special Economic Zones in Africa: Political Economy Challenges and Solutions, Thomas Farole and Lotta Moberg
13. Ghana's Experiments with Business-Government Coordination, Ernest Aryeetey and Nkechi S. Owoo
14. Importing coordination: Africa's Presidential Investors' Advisory Councils, John Page