Transcript Industrial policy: UNIDO approach and lessons from global implementation Michele Clara Research, Statistics and Industrial Policy Branch 6 May 2014

Industrial policy: UNIDO
approach and lessons from
global implementation
Michele Clara
Research, Statistics and Industrial Policy Branch
6 May 2014
A renaissance from what?
• “There was a time when industrial policies ... were
bad words not to be spoken either in public or in
private by respectable people” argued Joseph Stiglitz
• … but surely not here at UNIDO …
– At the core of the 1975 Lima Declaration …
– … and still central in the one approved at the UNIDO
General Conference in Lima in December 2013
• Growth through structural change, and in
particular industrialization, a legitimate aspiration
in almost all developing countries and a key
political objective
• Key question to UNIDO has never been “if” but
Industrial Policy at UNIDO
• Improvements in quality of policies and of
implementation capacities as KPI for most of
UNIDO activities in P&B document
• Evidence-based, stakeholders driven, M&E friendly
• Internal division of labour between design of
industrialization strategies/specific policies and
support to their implementation
• Emphasis on synergy on the basis of shared
diagnostic tools
Strategic Industrial Policy Advice
• Focus on diagnostics of industrial performance and
on industrial strategy-setting
• Based on quantitative evidence (linkage with statistics
and research) and benchmarking
• No pre-set position on prioritization of any specific
policy instrument (de-linked from TC mandate)
• Scope for multi-disciplinarity among instruments
(honest broker function)
• Integrated focus on advice + capacity building +
facilitation of policy processes
The approach in one slide
Capacity
Development
Industrial
Diagnosis
Industrial Strategy
Design
Industrial Policy
Design
Implementation
and Evaluation
Trainings,
seminars,
workshops
Process
Facilitation
Industrial Governance
Mechanisms
(Inter-ministerial
coordination, PPP,
institutional
strengthening)
Industrial Policy
Making dialogue
Strategic Advice
Information &
Knowledge
(statistics and
research)
Emerging Issues
• Development cooperation lagging behind
– IFIs and most traditional donors still very resistant to support IP
(despite Paris Agenda and Busan commitments) …
– … both at the country and at the sub-regional level
• Regional industrial policies are a rapidly emerging trend
– Especially in Africa, as a platform to build upon a shared
consensus (politically a low-hanging fruit)
– Many unresolved issues related to subsidiarity, coordination of
measures and distribution of costs/benefits
– Significant capacity gaps at country level in policy design,
implementation and monitoring could be best addressed at the
regional level
Thank you
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