TY - JOUR AU - Rodrik,Dani TI - Trade and Industrial Policy Reform in Developing Countries: A Review of Recent Theory and Evidence JF - National Bureau of Economic Research Working Paper Series VL - No. 4417 PY - 1993 Y2 - August 1993 UR - http://www.nber.org/papers/w4417 L1 - http://www.nber.org/papers/w4417.pdf N1 - Author contact info: Dani Rodrik John F. Kennedy School of Government Harvard University 79 JFK Street Cambridge, MA 02138 Tel: 617/495-9454 Fax: 617/496-5747 E-Mail: dani_rodrik@harvard.edu AB - This paper reviews recent theory and evidence on trade and industrial policy reform in developing countries. First, the theoretical and empirical basis of the rationales for policy reform are discussed. Next, two sources of heterodoxy are identified and evaluated: (a) the East Asian experience with interventionist industrial policies; (b) recent models of imperfect competition. The survey then turns on strategic issues in reform, and discusses the theory of piecemeal reform, tax or tariff uniformity, credibility, political economy, and interactions with stabilization policy. The penultimate section reviews the available evidence on the consequences of recent policy reform. ER -