Trade and the Competitiveness Agenda
The global economic crisis has forced a major rethinking of the respective roles of governments and markets in the processes of trade and growth. Indeed, industrial policy seems to be back in fashion or, at least, talking about it is. But a renewed...
| Main Authors: | , |
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/06/12431077/trade-competitiveness-agenda http://hdl.handle.net/10986/10176 |
| Summary: | The global economic crisis has forced a
major rethinking of the respective roles of governments and
markets in the processes of trade and growth. Indeed,
industrial policy seems to be back in fashion or, at least,
talking about it is. But a renewed 'activism' by
government in the trade and growth agenda need not mean a
return to old-style policies of import substitution and
'picking winners.' Instead, it may mean a stronger
focus on competitiveness by unlocking the constraints to
private sector-led growth. This note discusses the renewed
role of government in trade and growth policy from the
competitiveness angle and it suggests some priorities for
the new competitiveness agenda. |
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