Rethinking Productive Development

Sound Policies and Institutions for Economic Transformation

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Rethinking Productive Development by Inter-American Development Bank, Palgrave Macmillan US
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Inter-American Development Bank ISBN: 9781137393999
Publisher: Palgrave Macmillan US Publication: September 4, 2014
Imprint: Palgrave Macmillan Language: English
Author: Inter-American Development Bank
ISBN: 9781137393999
Publisher: Palgrave Macmillan US
Publication: September 4, 2014
Imprint: Palgrave Macmillan
Language: English

Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.

More books from Palgrave Macmillan US

Cover of the book Performance, Popular Culture, and Piety in Muslim Southeast Asia by Inter-American Development Bank
Cover of the book Adult Learning and la Recherche Féminine by Inter-American Development Bank
Cover of the book Development Corruption in South Africa by Inter-American Development Bank
Cover of the book The Literature of Waste by Inter-American Development Bank
Cover of the book Philosophy and Childhood: Critical Perspectives and Affirmative Practices by Inter-American Development Bank
Cover of the book Hoarders, Doomsday Preppers, and the Culture of Apocalypse by Inter-American Development Bank
Cover of the book Peaceful Islamist Mobilization in the Muslim World by Inter-American Development Bank
Cover of the book Nationalism and Human Rights by Inter-American Development Bank
Cover of the book The Cultural Impact of Kanye West by Inter-American Development Bank
Cover of the book Militant Christianity by Inter-American Development Bank
Cover of the book Educational Commons in Theory and Practice by Inter-American Development Bank
Cover of the book Latin American Foreign Policies towards the Middle East by Inter-American Development Bank
Cover of the book The Annexation of Eupen-Malmedy by Inter-American Development Bank
Cover of the book Saving Face in Business by Inter-American Development Bank
Cover of the book Queering the Biopolitics of Citizenship in the Age of Obama by Inter-American Development Bank
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy