Can industrial policy promote structural transformation in developing countries? If so, how?

Dr Nathan Lane (Assistant Professor of Economics at Monash) studied the impact of South Korea’s seminal, industrial push: the Heavy Chemical and Industry (HCI) drive of 1973-1979. He investigated how the large, temporary infant industry policy impacted the trajectory of treated industries, as well as sectors connected to them through the industrial network.

I do hope you enjoy our discussion!

Full paper here:

https://www.dropbox.com/s/b9mll7fx26j6uia/ManufacturingRevolutions_Lane_Live.pdf?dl=0