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Maybe it takes you as a surprise but games oftentimes based on reality. And I did refer to reality. The standard model of industrialization and "catching up" had four bastion.
1. Creation of national market: abolishing internal tariffs (this probably had more importance in federated countries, like the US, Argentina or Brazil) and creating the infrastructure, roads, railways so raw materials and goods can be transported their destination of use
2. Preventing foreign goods penetrating the market, going protectionist with introducing external tariffs.
3. Forming the monetary basis for the development, creating and regulating banks and secure loans for the buildup of the industry.
4. The appliance of new technology (industrial machinery and such) needs workers with proper training so mass education had to be introduced.
As Brazil Bernd pointed out in his synthesis South American leaders picked certain elements of the list and ignored others, or injected other ideas into the mix which weren't really suitable tools for the job.