1998 | OriginalPaper | Chapter
Comment
Author : Philip A. Trostel
Published in: Increasing Returns and Economic Analysis
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Joshua Gans has contributed a careful analysis of an obviously important policy issue. It revives and formalizes an old (and still unsettled) question concerning development policy. In particular, should industrialization policy focus narrowly on a few key sectors (i.e., the ‘unbalanced’ approach) or broadly on many sectors (the ‘balanced’ approach)?