There is so much talk about industrial policy, but what does the evidence actually show?
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Robert Wade “Governing the Market"
Harrison and Rodriguez-clare, “Trade, Foreign Investment, and Industrial Policy for Developing Countries”
Well Protectionism has certainly help the USA and the UK two of the Most dominant economies today. But its hard to know what your evidence is, which is ironic given the title of the presentation.
The UK and the USA are quite protectionist about agriculture - this might be directly related to voting tendencies in the US and is demanded by the EU CAP for the UK. Historically, England was a free trade nation - both the Irish Potato Famine and the Chinese Opium Wars show the worst side of this. When experimenting with strong 'industrial policy' under Labour governments in the 1960s & 70s, Britain got it spectacularly wrong. Tony Benn's ICL - the 'white hot heat of the technology revolution' is dead and buried.
Alexander Hamilton wrote the REPORT ON THE SUBJECT OF MANUFACTURE. I think it was he who coined the phrase Infant Industry. Hamilton claimed he was only copying the British. In the 19c US presidential politics a constant theme was tariffs, i.e. protecting Infant Industries. The protectionists defended their policy stating it raised England's Ind Strength and it will raise ours. List cited Hamilton and the US . All this comes from Changs KICKING AWAY THE LADDER. Worth noting that while not every country that has tried heavy handed Ind Pol has succeeded in developing, the countries that have succeeded the most (Japan, Korea) have been the most heavy handed in it.