Front Cover ; Contents; Acknowledgments; Contributors; Comparative Assessment of Industrial Policy in Selected MENA Countries: An Overview; Do Governments Pick Winners or Losers? An Assessment of Industrial Policy in Egypt; Incentives or Compensation? Government Support for Private Investments in Turkey; An Empirical Analysis of Industrial Policy in Morocco; The East Asian Industrial Policy Experience: Implications for the Middle East; The Political Economy of Industrial Policy in the Middle East and North Africa; Index
Summary
Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make subsidized credit available to firms of a certain size. Such government intervention, known as industrial policy, is the topic of this book. The aim is to assess whether state intervention leads to net benefits to society, why policymakers intervene, and how to bring about a healthier balance between states and markets. Answers to these questions are given in six chapters based on research papers that were
