Breeding Latin American Tigers

This is motivated by the emerging rehabilitation of industrial policies as a tool for supporting economic transformation and high rates of growth in developing countries. It argues that underperforming disciples of the Washington Consensus market fundamentalism should learn and practice the art of systemic industrial policies. However, it also stresses that rehabilitation requires that industrial policies be developed and implemented in a context of home-grown public-private alliances...
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This is motivated by the emerging rehabilitation of industrial policies as a tool for supporting economic transformation and high rates of growth in developing countries. It argues that underperforming disciples of the Washington Consensus market fundamentalism should learn and practice the art of systemic industrial policies. However, it also stresses that rehabilitation requires that industrial policies be developed and implemented in a context of home-grown public-private alliances that avoid state capture by special interests.