Policies for Promoting Technological Catch Up: A Post-Washington Approach
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Abstract
This paper analyzes the evolution of policies for technology
catch-up through three periods: the import-substitution period, the
(augmented) Washington Consensus period and the post-Washington
period. We analyze the dominant policy models and practices in each of
these periods as co-evolving with the dominant academic ideas, thereby
changing the conditions for catching up. We develop several dimensions
or building blocks that characterize the policies for technology catch-up.
These dimensions are used to characterize each of the three policy periods
with the objective of outlining the generic features of an emerging postWashington approach to technology catch-up policies in relation to past
approaches.
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