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This volume is the result of the 2012 International Economic Association´s series of roundtables on the theme of Industrial Policy. The first, ´New Thinking on Industrial Policy,´ was hosted by the World Bank in Washington, D.C, and the second, ´New Thinking on Industrial Policy: Implications for Africa,´ was held in Pretoria, South Africa.

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Industrial Policy in the African Context: Introduction; Justin Yifu Lin et al 1. New Thinking on Industrial Policy 1.1. The Learning Economy: Spillovers and Learning Processes; Bruce Greenwald and Joseph Stiglitz 1.2. From Flying Geese to Leading Dragons: New Opportunities and Strategies for Structural Transformation in Developing Countries; Justin Yifu Lin 2. Structural Transformation: Lessons from History 2.1. Accumulation of Capabilities, Structural Change and Macro Prices: an Evolutionary and Structuralist Roadmap; Mario Cimoli and Gabriel Porcile 2.2. Industrial Policy: Can Africa Do It?; Ha Joon Chang 3. New Global Order and African Reindustrialization 3.1. Winning the Jackpot: Jobs Dividends in a Multi-polar World; Célestin Monga 3.2. Walking (stumbling?) on Two Legs: Meeting SSA´s Industrialization Challenge; Raphael Kaplinsky 4. Macroeconomics and Governance: Creating an Enabling Environment 4.1. How Macroeconomic Policy Can Support Economic Development in Sub-Saharan African Countries; James Heintz 4.2. Competition Policy, Industrial Policy and Corporate onduct; Simon Roberts 4.3. Political Settlements and the Design of Technology Policy; Mushtaq Khan 4.4. Infant Capitalists, Infant Industries and Infant Economies Trade and Industrial Policies for Early Stages of Development in Africa and Elsewhere; Akbar Noman 4.5. Industrial Policies and Contemporary Africa: Frontiers of Political Economy and Social Science; Richard Joseph 5. Trade, Finance and Sectoral Policies 5.1. Does Financial Market Liberalization Promote Financial Development?; Hamid Rashid 5.2. Financialization as an Obstacle to Industrialization; C.P. Chandrasekhar 5.3. Towards a Resource-based African Industrialisation Policy; Paul Jourdan 5.4. The Global ´Rush´ for Land: Does it Provide Opportunities for African Countries?; Klaus Deininger 5.5. Trade Facilitation and African Industrialization: An Agenda for the Textile and Apparel Industry; Dominique Njinkeu, Julie Lohi and Calvin Z. Djiofack 6. Country Experiences and Perspectives 6.1. Industrial Structural Change, Growth Patterns and Industrial Policy; Ludovico Alcorta, Nobuya Haraguchi, and Gorazd Rezonja 6.2. Industrial Policy and Economic Transformation in Africa: Strategies for Development and a Research Agenda; Yaw Ansu 6.3. The Premature De-Industrialization of South Africa; Jean Imbs 6.4. How Ethiopia Can Foster a Light Manufacturing Sector; Vandana Chandra 6.5. Industrialization: The Mauritian Model; Streevarsen Pillay Narrainen 6.6. Sharing of Singapore´s Industrial Policy Insights; Jang Ping Thia

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