Discuss and Analyze the Role and Impact of Industrial Policy on Economic Development and especially in Developing Countries

Different countries, especially developing ones, have resorted since the middle of last century to using industrial policy in order expand base and push forward economic development wheel. Tangible results been achieved many Asian while no such countries Latin America Africa. Support has dropped for application mid-eighties because negative consequences resulting from it then return again recent period.
 The research aims analyze discuss extent need use focuses on discussing ideas propositions two different approaches towards policy. first represents position those opposed policy, second who support it. Those are neoliberals United States stress role market achieving point effects favor book theoreticians Many economists existence globalization WTO rules changing nature global economy that creates difficulties impediments weaken influence policy.
 Through analysis discussion various evidence, ends with recommending a carefully formulated as means achieve overcome them. With call adjust policies World Trade Organization system line industrialization promoting development.