Meeting the challenge of industrialization, a feasibility study for an international industrialization institute; report of a special international panel

Agency for International Development requested the National Academy of Sciences and the National Academy of Engineering to examine the need, feasibility, and demand for an international institute to perform research on new approaches to international industrialization that would benefit developing countries. In response, the Academies convened an international panel of distinguished and knowledgeable persons from both developed and developing countries. These experts included engineers, scientists, economists, bankers, lawyers, and industrialists. The report conveys the panel"s deliberations as well as discussions that were held over the course of a year with more than 300 concerned leaders. It was the consensus of those interviewed that an institute as envisioned by the panel could contribute invaluably to the more orderly and harmonious industrial development of both worlds. Thus, it is the unanimous recommendation of the Academies panel that an International Industrialization Institute be established.