
The visible hand of the state: Industrial policies in emerging markets
Industrial policies have experienced a resurgence in recent years, including in emerging markets, as governments seek to reshape their

Industrial policies have experienced a resurgence in recent years, including in emerging markets, as governments seek to reshape their

Japan and China both faced exposure to Western imperialism in the 19th century, but their responses were starkly different.

Critics of foreign aid are often quick to point out the faults of recipient countries. This column looks at

Persistent differences in per capita incomes are usually attributed to productivity differentials. But countries also converge to widely different

Throughout the early modern period, Portugal was a leading European colonial power. But by the 19th and 20th centuries,

The exposure of domestic banks in emerging market and developing economies to local sovereign debt has grown rapidly over

Globally, government debt has increased substantially since the onset of the Covid-19 pandemic and geopolitical tensions. This columns asks

It’s 7 AM, and the rumbling of a garbage truck jolts you awake. The beeping as it backs up, the

Some decades ago, development economists saw their approach as being distinctive compared to mainstream economics in general and better

Despite the billions of dollars spent on development assistance annually, disagreements persist about the impact of foreign aid on

Industrial policies have experienced a resurgence in recent years, including in emerging markets, as governments seek to reshape their

Japan and China both faced exposure to Western imperialism in the 19th century, but their responses were starkly different.

Critics of foreign aid are often quick to point out the faults of recipient countries. This column looks at

Persistent differences in per capita incomes are usually attributed to productivity differentials. But countries also converge to widely different

Throughout the early modern period, Portugal was a leading European colonial power. But by the 19th and 20th centuries,

The exposure of domestic banks in emerging market and developing economies to local sovereign debt has grown rapidly over

Globally, government debt has increased substantially since the onset of the Covid-19 pandemic and geopolitical tensions. This columns asks

It’s 7 AM, and the rumbling of a garbage truck jolts you awake. The beeping as it backs up, the

Some decades ago, development economists saw their approach as being distinctive compared to mainstream economics in general and better

Despite the billions of dollars spent on development assistance annually, disagreements persist about the impact of foreign aid on




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