One of the challenges faced by governments in developing an appropriate industry policy is to come to terms with the increasingly challenging environment faced by business. It is particularly important for governments to understand the emerging drivers of growth and to set in place policies which will allow industry to maximize its capabilities. With this in mind, governments world-wide have been re-examining the approaches they have traditionally taken to industry development. They too have had to look for more innovative and productive ways of making sure their industries are world class and able to meet the challenge of strong international competition.

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