Introduction: Institutional Dynamics of Industrial Policy -- Principles of Institutional Design in Business-Government Councils -- Introduction -- What happens in councils: disaggregating interactions -- The Korean model in export and technology councils -- Conclusion -- Ongoing Experimentation with Business-Government Councils in Latin America -- Introduction -- Disaggregating councils by scope and function -- Beyond councils: formal and informal business representation -- Conclusions -- Putting Councils and Industrial Policy into Context: Political Systems and Big Business -- Introduction -- Political institutions and privileged access for big business -- Structures and preferences of business groups -- Business groups, MNCs, and possibilities for industrial policy -- Conclusions -- Conclusions -- Appendices -- Interviews -- Glossary.