The first part focuses on key sectors with potential for developing countries, focussing on two key themes. First, traditional points of entry for late industrializers - like textiles and clothing - have become even more intensely competitive than ever before, requiring more innovative adaptive strategies for success. Second, countries now recognize that manufacturing does not exhaust the opportunities for producing high value-added goods and services for international markets. Knowledge intensity is increasing across all spheres of economic activity, including agriculture and services, which can offer promising development paths for some developing countries. The final section addresses social and environmental aspects of industrial development. Labour-intensive, but not necessarily other patterns of industrial development can be highly effective in poverty reduction though further industrial progress may be less labour-intensive.A range of policies can promote industrial energy and materials efficiency, often with positive impacts on firms' financial performance as well as the environment. Promoting materials recycling and reuse is an effective, if indirect means of conserving resources. Finally, the growth of multinational interest in corporate social responsibility is traced, with consideration given to both the barriers and opportunities this can pose for developing country enterprises linked to global supply chains.
Foreword JoAnne DiSanoAcknowledgementsIntroduction Jose Antonio OcampoNew Frontiers and Challenges1. Industrial development: Some stylized facts and policy directionsDani Rodrik2. Technology, globalization, and international competitiveness: Challenges for developing countriesCarl Dahlman3. Developing country multinationals: South-South investment comes of ageDilek Aykut and Andrea GoldsteinSector Studies4. Natural resource-based industries: Prospects for Africa's agricultureMonica Kjollerstrom and Kledia Dallto5. The textiles and clothing industry: Adjusting to a post quota worldRatnakar Adhikari and Yumiko Yamamoto6. Services-led industrialization in India: prospects and challenges Nirvikar SinghSocial and Environmental Dimensions of Industrial Development7. Industrial development and economic growth: Implications for poverty reduction and income inequalityMatleena Kniivila9. Industrial energy and materials efficiency: What role for policies?Mohan Peck and Ralph Chipman10. From supply chains to value chains: A spotlight on CSRMalika Bhandarkar and Tarcisio Alvarez-RiveroThe Way Forward11. Policy lessons for 21st century industrializers David O'Connor