Industrial policy in a new global reality
A new location- and sector-focused approach to drive structural transformation.
A new location- and sector-focused approach to drive structural transformation.
Industrial rezoning is an attractive alternative to traditional policies promoting development through the urban migration of workers.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Evidence from the COVID-19 pandemic and the global financial crisis.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.