By Joycelyn Williams
Joycelyn Williams is a Lecturer at the University of Guyana and a Programme Management Consultant
Industrial policy has been used by all the high performing Asian countries and the BRICS to deliberately push forward structural transformation and industrial development. Industrial policy refers to “planned and coherent use of government tax, subsidies, procurement and capital instruments to encourage investment or disinvestment” in sectors to create the urgency of industrial growth. There is no more debate among development