A partnership with academia

Building knowledge for trade and development

Video and multimedia

Industrial policy has been pursued by many successful developed and developing countries, but has also been a source of policy failure and discord.

This two-part Vi multimedia teaching resource explores the key question -- not whether to adopt industrial policy, but how to make sure it is pursued effectively.

In the first lecture, Jörg Mayer, of UNCTAD's Division on Globalization and Development Strategies, reviews the theoretical and empirical debates surrounding industrial policy and development, and discusses a variety of industrial policy strategies, including ways in which practical implementation challenges can be overcome.

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The second lecture, given by UNCTAD's Richard Kozul-Wright, Head of the Unit on Economic Cooperation and Integration Among Developing Countries, introduces the idea of a "middle-income trap" and discusses how industrial policy, including through South–South linkages and cooperation, could help to overcome it.