This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer in supporting the upgrading of clusters.
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TETSUSHI SONOBE is a professorial fellow at the Foundation for Advanced Studies on International Development (FASID) and a professor at National Graduate Institute for Policy Studies (GRIPS), Japan. He received a PhD in Economics from Yale University and is the co-author of Cluster-Based Industrial Development: An East Asia Model (Palgrave Macmillan, 2006).
KEIJIRO OTSUKA is a professorial fellow at FASID and a professor at GRIPS, Japan. He received a PhD in Economics from the University of Chicago and is the co-author of the above book. He is an Associate Editor of Economic Development and Cultural Change and the co-author or co-editor of sixteen books.
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