Historical attempts at applying industrial policies demonstrated mixed results.Economists have analysed the impact of government policies, such as providing inexpensive credit to stimulate manufacturing and exports and discovered that even though governments can perform a productive part in establishing industries during the initial stages of indus

Historical attempts at applying industrial policies demonstrated mixed results.Economists have actually analysed the effect of government policies, such as providing low priced credit to stimulate production and exports and discovered that even though governments can play a productive role in developing industries throughout the initial phases of i