We discuss recent work evaluating the role of the government in shaping the economy during the long nineteenth century, a practice we refer to as industrial policy. States deployed a vast variety of different policies aimed primarily, but not exclusively, at fostering industrialization. A thin but growing literature has started to evaluate the economic effects of these policies, but many questions remain open for study.

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9 April 2024

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Annual Review of Economics 16, pp.27-54, 2024

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DOI: 10.1146/annurev-economics-091523-044259

https://www.annualreviews.org/content/journals/10.1146/annurev-economics-091523-044259#abstract_content

This Journal article is published under the centre's Trade programme.