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Institutions and Policies Shaping Industrial Development: An Introductory Note
The authors discuss the role of institutions and policies in the process of development. They begin by arguing how misleading the "market failure" language can be in order to assess the necessity of public policies in that it evaluates it against a yardstick that is hardly met by any observed market set-up.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Fwww.lem.sssup.it%2FWPLem%2Ffiles%2F2006-02.pdf;h=repec:ssa:lemwps:2006/02