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Pathways to Industrialization in the Twenty-First CenturyNew Challenges and Emerging Paradigms$
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Adam Szirmai, Wim Naudé, and Ludovico Alcorta

Print publication date: 2013

Print ISBN-13: 9780199667857

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199667857.001.0001

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Pathways to Industrialization: Summary and Overview

Pathways to Industrialization: Summary and Overview

Chapter:
(p.415) 16 Pathways to Industrialization: Summary and Overview
Source:
Pathways to Industrialization in the Twenty-First Century
Author(s):

Wim Naude

Adam Szirmai

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199667857.003.0016

Not so long ago the debate about industrial policy was described as having become stale. This book shows that this is no longer the case. New challenges and emerging paradigms have turned industrialization and industrial policy into one of the most hotly debated and interesting issues of the early 21st century. The following are some of the questions posed: Is industrialization (and specifically manufacturing) still an engine of growth in light of the rise of the service sectors? To what extent should manufacturing be the main focus of industrial policy in developing countries? How big a threat to economic development is deindustrialization? What lessons can be learned from past policy failures? Can developing countries still industrialize after the rise of China? How should industrial policy take global climate change into account? In this chapter a summary and synthesis of the answers to these questions is offered.

Keywords:   industrialization, industrial policy, manufacturing, engines of growth, developing countries, climate change

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