Should developing economies resort to industrial policy? Under what conditions should they do so?When will it work and when will it fail? This report provides a simple framework for countries to choose between more than a dozen industrial policy tools depending on their objectives and the constraints they face.

Should developing economies resort to industrial policy? Under what conditions should they do so?When will it work and when will it fail? This report provides a simple framework for countries to choose between more than a dozen industrial policy tools depending on their objectives and the constraints they face.