New in paperback: Pathways to Industrialization in the Twenty-First Century

Pathways to Industrialization in the Twenty-First Century, edited by Adam Szirmai, Wim Naudé, and Ludovico Alcorta is now available in paperback.

The book describes how industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen. These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the accelerating pace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial inter mediation; and how to respond to the threats of global warming and climate change.

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