Economic Development and Industrial Policy: Korea, Brazil, Mexico, India and China

Part 1 NIC policy options for heavy chemical industry (HCI): technology and the postwar diffusion of HCI - a product cycle model the industrial policy controversy. Part 2 Micro issues - sectoral targeting and HCI maturation rates: HCI maturation rates in the mid-income NICs Autarkic and competitive industrial policies political economy of industrial policy. Part 3 Macro consequences of industrial policy - mid-income NICs: macro impacts of Korea's heavy industry drive re-evaluated macroeconomic consequences of protracted HCI maturation under Autarkic industrial policy - Brazil Mexico - natural resources and industrial policy choice. Part 4 Macro consequences of indistrial policy - low-income NICs: HCI in a low-income NIC - India HCI and its reform in a low-income NIC - China. Part 5 Conclusions and policy implications: Summary and policy findings.