Industries with Externalities
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Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01
In the following video Professor Moran defines externalities and discusses whether or not industrial policy would be acceptable in the case of positive externalities. This video works to discuss the following key question: What are the pros and cons of industrial policy, sophisticated industrial policy, and strategic trade policy?Learning Objective: Explain the pros and cons of industrial policy, sophisticated industrial policy, strategic trade policy.
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Moran, Theodore (Georgetown University, 2013-10-02)Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01