Development and Modern Industrial Policy in Practice

Development and Modern Industrial Policy in Practice
Author: Jesus Felipe
Publisher: Edward Elgar Publishing
Total Pages: 425
Release: 2015-04-24
Genre: Business & Economics
ISBN: 1784715549

Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of moder

Losing Time

Losing Time
Author: Otis Graham
Publisher: Harvard University Press
Total Pages: 392
Release: 1994-04
Genre: Business & Economics
ISBN: 9780674539358

Industrial policy reform, Otis Graham argues, is an important part of a public-private set of remedies, but it hinges upon an improved use of policy history and of historical perspective generally. He proposes an explicit if minimalist approach by the federal government that would unify and reform our de facto industrial policies in order to equip the United States with the institutional capacity to formulate industrial interventions guided by strategic vision and bipartisan participation by labor and management.

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy
Author: Reda Cherif
Publisher: International Monetary Fund
Total Pages: 79
Release: 2019-03-26
Genre: Business & Economics
ISBN: 1498305563

Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.

The Oxford Handbook of Industrial Policy

The Oxford Handbook of Industrial Policy
Author: Arkebe Oqubay
Publisher: Oxford University Press, USA
Total Pages: 981
Release: 2020-10-19
Genre: Business & Economics
ISBN: 0198862423

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.

Industrial Policy for the Manufacturing Revolution

Industrial Policy for the Manufacturing Revolution
Author: Patrizio Bianchi
Publisher: Edward Elgar Publishing
Total Pages: 209
Release: 2018-06-29
Genre: Business & Economics
ISBN: 1786430320

This book offers a critical reflection on the meaning and expected impact of the fourth industrial revolution, and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. A concrete illustration of this industrial policy is provided through an experience of its implementation at regional level.