Franco Galdini : Want to understand industrialisation in resource-rich countries such as Uzbekistan? Read Marx (and Iñigo Carrera)

The commodity supercycle of the 2000s and 2010s gave rise to a rich debate in the academic literature about the possibility for resource-rich countries to muster the primary commodity price bonanza for development. As in past debates on the rise of Asia as the ‘world’s factory’, industrial policy was once again at the forefront of discussion.

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Photo: Shavkatjon uz.