Development economists and practitioners agree that close collaboration between business and government improves industrial policy, yet little research exists on how best to organize that. This book examines three necessary functions--information exchange, authoritative allocation, and reducing rent seeking--across experiences in Latin America.

Ben Ross Schneider is Ford International Professor of Political Science at MIT. He taught previously at Princeton University and Northwestern University. Recent books include Business Politics and the State in 20th Century Latin America and Hierarchical Capitalism in Latin America: Business, Labor, and the Challenges of Equitable Development (both with Cambridge University Press).