Industrial policy and the WTO

Bijit Bora, Peter J. Lloyd, Mari Pangestu

Research output: Contribution to journalReview articlepeer-review

15 Citations (Scopus)


This paper reviews the objectives and instruments of industrial policy in the context of a changing global environment and multilateral disciplines. We start with an analytical review of the justification for industrial policy to provide a benchmark against which objectives, instruments and outcomes can be measured. The focus then turns to the theoretical and applied aspects of industrial policy, followed by a survey of the extent to which WTO rules affect a member's ability to pursue industrial policy objectives and the possibilities and implications of revising these rules.

Original languageEnglish
Pages (from-to)543-559
Number of pages17
JournalWorld Economy
Issue number4
Publication statusPublished - Apr 2000


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