India's software-sector policies and China's promotion of special economic zones for manufacturing suggest that well-designed sector-specific government policies can overcome weaknesses in the investment climate and allow developing countries to compete globally in new industries, according to a new study by IFC.
New Industries from New Places offers important lessons for other countries hoping to emulate the success of India and China. It asserts that the two countries pursued policies to alleviate key bottlenecks such as access to power for manufacturing and broadband access for software companies, thus enabling globally competitive new industries to develop in spite of deficiencies in the national investment climate.
Join the discussion about New Industries from New Places
| WHEN: | Thursday, April 30, 2009
12:00 – 1:30 PM |
| WHERE: | World Bank J Building
Auditorium J1-050
18 Street & Pennsylvania Avenue
Washington, D.C. 20433 |
| WHO: | Authors:
Neil Gregory, Adviser, Financial & Private Sector Development
Stanley Nollen, Professor at Georgetown University
Stoyan Tenev, IFC Chief Evaluation Officer
Discussants:
Shahid Yusuf, Economic Adviser, World Bank Institute
Albert Keidel, Carnegie Endowment for International Peace |
