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Development

, Volume 58, Issue 4, pp 463–472 | Cite as

Sustaining Industrial Development in the South

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Abstract

This article discusses how active industrial policy and south–south coordination mechanisms can facilitate the strategic insertion of developing economies in the global markets and production networks. It proposes an integrated approach to trade, investment and industrial challenges and stresses the importance of political leadership and effective governance structures.

Keywords

structural transformation industrial policy south–south cooperation and middle-income trap 

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Copyright information

© Society for International Development 2016

Authors and Affiliations

  1. 1.Division on Globalisation and Development StrategiesUNCTADGenevaSwitzerland
  2. 2.UNCTADGenevaSwitzerland

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