Inderscience Publishers

Market-oriented reforms, globalisation and the recent transformation of the production and social structure of developing countries

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This article offers a brief reflection upon the extent to which reforms from inward-oriented into outward-oriented policy regimes have led to industrial growth in developing countries. The article points to some of the limitations of the economic theory and the economic profession to tackle the issue of industrial development in developing countries.

Keywords: market-oriented reforms, globalisation, industrial growth, developing countries, economic theory, industrial development, industrialising economies

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