Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change

The historical record indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper puts forward a new approach to help policymakers in developing countries identify those...

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Main Authors: Lin, Justin, Monga, Celestin
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4696
id okr-10986-4696
recordtype oai_dc
spelling okr-10986-46962021-04-23T14:02:19Z Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change Lin, Justin Monga, Celestin Structure, Scope, and Performance of Government H110 Industrial Policy Sectoral Planning Methods L520 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Planning Models Planning Policy O210 Industrial Policy O250 The historical record indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper puts forward a new approach to help policymakers in developing countries identify those industries that may hold latent comparative advantage and recommends ways of removing binding constraints to facilitate private firms' entry into those industries. Two types of government interventions are distinguished, first are policies that facilitate structural change by overcoming information and coordination and externality issues, which are intrinsic to industrial upgrading and diversification; and second policies aimed at protecting some selected firms and industries that defy the comparative advantage determined by the existing endowment structure. 2012-03-30T07:29:17Z 2012-03-30T07:29:17Z 2011 Journal Article Development Policy Review 09506764 http://hdl.handle.net/10986/4696 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Structure, Scope, and Performance of Government H110
Industrial Policy
Sectoral Planning Methods L520
Formal and Informal Sectors
Shadow Economy
Institutional Arrangements O170
Planning Models
Planning Policy O210
Industrial Policy O250
spellingShingle Structure, Scope, and Performance of Government H110
Industrial Policy
Sectoral Planning Methods L520
Formal and Informal Sectors
Shadow Economy
Institutional Arrangements O170
Planning Models
Planning Policy O210
Industrial Policy O250
Lin, Justin
Monga, Celestin
Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description The historical record indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper puts forward a new approach to help policymakers in developing countries identify those industries that may hold latent comparative advantage and recommends ways of removing binding constraints to facilitate private firms' entry into those industries. Two types of government interventions are distinguished, first are policies that facilitate structural change by overcoming information and coordination and externality issues, which are intrinsic to industrial upgrading and diversification; and second policies aimed at protecting some selected firms and industries that defy the comparative advantage determined by the existing endowment structure.
format Journal Article
author Lin, Justin
Monga, Celestin
author_facet Lin, Justin
Monga, Celestin
author_sort Lin, Justin
title Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
title_short Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
title_full Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
title_fullStr Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
title_full_unstemmed Growth Identification and Facilitation : The Role of the State in the Dynamics of Structural Change
title_sort growth identification and facilitation : the role of the state in the dynamics of structural change
publishDate 2012
url http://hdl.handle.net/10986/4696
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