Globalization and structural adjustment offer many opportunities for export orientated industrialization in developing economies. As a group, competitiveness in the developing countries has improved, but, while East Asian economies have had rapid export growth and technological upgrades, South Asian and African economies have lagged behind. Old structures, institutions, behavioural patterns and public policies are ill-adapted to deal with the challenges posed by technological change and economic liberalization. Consequently there is an urgent need for change in government and private sector attitudes and strategies.
This volume seeks to generalise the lessons across developing country and enterprise cases, and sheds light on which trade and industrial strategies and instruments work best, and which do not work, in relation to manufacturing competitiveness.
Table of Contents
Part I: Introduction, Concepts and Benchmarking
1. Ganeshan Wignaraja Introduction
2. Ganeshan Wignaraja Competitiveness Analysis and Strategy
3. Ganeshan Wignaraja and Ashley Taylor Benchmarking Competitiveness: A First Look at the MECI
Part II: Supply-Side Issues and Policies for Competitiveness
4. Stan Metcalfe Science, Technology and Innovation Policy
5. Eileen Fisher and Becky Reuber Industrial Clusters and BDS for SMEs
6. Dirk Willem te Velde Government Policies Towards Foreign Direct Investment
7. Andy Mullineux and Victor Murinde Finance for Enterprise Development
Part III: Incentive Policies for Competitiveness
8. Christos N. Pitelis Privatisation, Regulation and Domestic Competition Policy
9. Sheila Page International Trade Policies
Ganeshan Wignaraja is Managing Economist, Maxwell Stamp Plc, London, UK