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Economists have held different views of the role of government in industrialization. Some believed that the developing world was full of market failures and the only way in which poor countries could escape from their poverty traps was through the forceful government intervention. Others opposed to this view argue that the government failure was by far the bigger evil and that it should allow the market to steer the economy. See our User Agreement and Privacy Policy.

Industrialization in Malaysia: Changing role of Government and Foreign Firms

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The Fourth Industrial Revolution: what it means and how to respond | World Economic Forum

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The Fourth Industrial Revolution: what it means, how to respond

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Economic Development, Innovation, Governance and Institutions: Adam Szirmai

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