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Reconfiguring Industrial Policy: A Framework with an Application to South Africa

Author

Listed:
  • Ricardo Hausmann

    (Harvard's Growth Lab)

  • Dani Rodrik

    (Center for International Development at Harvard University)

  • Charles F. Sabel

Abstract

The main purpose of industrial policy is to speed up the process of structural change towards higher productivity activities. This paper builds on our earlier writings to present an overall design for the conduct of industrial policy in a low- to middle-income country. It is stimulated by the specific problems faced by South Africa and by our discussions with business and government officials in that country. We present specific recommendations for the South African government in the penultimate section of the paper.

Suggested Citation

  • Ricardo Hausmann & Dani Rodrik & Charles F. Sabel, 2008. "Reconfiguring Industrial Policy: A Framework with an Application to South Africa," CID Working Papers 168, Center for International Development at Harvard University.
    • Handle: RePEc:cid:wpfacu:168
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    File URL: https://www.hks.harvard.edu/sites/default/files/centers/cid/files/publications/faculty-working-papers/168.pdf
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    Keywords

    Industrial Policy; South Africa;

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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