Book Review: Interventionary Instruments for Cluster Development: A Handbook

Industrialization has occupied central focus in the work of development economists over the last hundred and fifty years, though, both policy and the active promotion of it dates back to 1485 when Henry VII unintentionally imposed export taxes, which helped start a process that made Britain the globe’s premier garment manufacturing nation by the 18th century. Various different types of promotional and interventionist instruments have since been introduced by governments seeking to stimulate industrialization.