Book Review 4: Intervene to Industrialise

Presented in 10 parts and 38 chapters, this book advances some of the most salient arguments on the link between policy, industrialization, competitiveness, poverty and development. Taking the cue from Johnson (1982), the authors begin by demonstrating that industrialization can be advantageous rather than disadvantageous for latecomers. Although the theoretical motivation is interesting as it enters from the lenses of latecomer catch, the subsequent discussion is primarily underpinned in a wide range of empirical evidence.