https://www.scmp.com/rss/511484/feed Travis Taylor, PhD, is professor of economics at Christopher Newport University and co-editor (with Murat Yulek) of "Designing Public Procurement Policy in Developing Countries: How to Foster Technology Transfer and Industrialization in the Global Economy".  He serves on the editorial advisory board of Industrial Policy (www.indpol.org). en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Why is there a wide variance in economic outcomes and welfare among countries? Why are some nations poor and others rich? These questions have challenged development economists and policymakers for centuries. While no singular theory explains all cases, accumulating scholarly evidence suggests industrialisation is a necessary condition for nations to climb the development ladder. The only exceptions are natural resource-rich nations, and small economies that can generate wealth from tourism,... https://www.scmp.com/comment/opinion/article/3160414/china-germany-why-industrial-policy-agenda?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3160414/china-germany-why-industrial-policy-agenda?utm_source=rss_feed Wed, 22 Dec 2021 19:30:15 +0000