"Rethinking Industrial Policy systematically analyzes policies in key areas such as innovation, new firms, firm networks, financing, human capital, and internationalization. The authors provide an in-depth look at specific policies and institutions that illustrate the do's and don'ts emerging...

This paper discusses the organizational structure and technical, operational and political capabilities required for successful productive development policies (PDPs). It also discusses how countries can match their PDPs to existing capabilities, as well as expand their capabilities in the long...

There is an increasing need for a system of international lending of last resort (ILLR) to provide a safety net in the event of financial crises in vulnerable countries as financial globalization deepens and spreads. Multilateral progress to address liquidity and solvency crises has been patchy...