Industrial policy and creating a learning society. Joseph E. Stiglitz IPD/JICA Task Force meeting Yokohama, Japan June 2013. Four themes. Successful and sustained growth and development requires creating a learning society.
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Industrial policy and creating a learning society
Joseph E. Stiglitz
IPD/JICA Task Force meeting
This paper focuses mostly on “macro” perspective
Implication: Rate of productivity increase related to (relative) size of industrial sector.
Markets fail to do this on their own
And all need to be viewed through learning perspective
Paper builds on earlier joint work with Bruce Greenwald