Industrial Location And National Policy
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Author | : John Page |
Publisher | : Oxford University Press |
Total Pages | : 331 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 0198796951 |
Examines how African policy makers might develop better coordination between the public and private sectors to identify the constraints to faster structural transformation, and to design, implement, and monitor policies to remove them.
Author | : Howard Pack |
Publisher | : World Bank Publications |
Total Pages | : 51 |
Release | : 2006 |
Genre | : Industrial policy |
ISBN | : |
What are the underlying rationales for industrial policy? Does empirical evidence support the use of industrial policy for correcting market failures that plague the process of industrialization? To address these questions, the authors provide a critical survey of the analytical literature on industrial policy. They also review some recent industry successes and argue that only a limited role was played by public interventions. Moreover, the recent ascendance of international industrial networks, which dominate the sectors in which less developed countries have in the past had considerable success, implies a further limitation on the potential role of industrial policies as traditionally understood. Overall, there appears to be little empirical support for an activist government policy even though market failures exist that can, in principle, justify the use of industrial policy.
Author | : Gary Clyde Hufbauer |
Publisher | : Peterson Institute for International Economics |
Total Pages | : 127 |
Release | : 2021-11-29 |
Genre | : Business & Economics |
ISBN | : 0881327468 |
Industrial policy is making a comeback in the United States. It is more urgent than ever to understand how and whether industrial policy has worked to strengthen the US economy. This study analyzes and scores 18 US industrial policy episodes implemented between 1970 and 2020, in an effort to assess what went right and what went wrong—and how the current initiatives might fare. The Peterson Institute for International Economics gratefully acknowledges the support of the Koch Foundation for this project.
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.
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.
Author | : Justin Lin Yifu |
Publisher | : Springer |
Total Pages | : 400 |
Release | : 2013-12-16 |
Genre | : Business & Economics |
ISBN | : 1137335173 |
This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.
Author | : Sherzod Shadikhodjaev |
Publisher | : Cambridge University Press |
Total Pages | : 349 |
Release | : 2018-11-08 |
Genre | : Business & Economics |
ISBN | : 1107145082 |
Highlights what national governments should know to properly conduct their industrial policies under the multilateral trading system.
Author | : Arkebe Oqubay |
Publisher | : Oxford University Press |
Total Pages | : 1370 |
Release | : 2020-07-23 |
Genre | : Business & Economics |
ISBN | : 0192590944 |
Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization, production and technological capability, and innovation. The Oxford Handbook of Industrial Hubs and Economic Development adopts an interdisciplinary approach to examine the conceptual underpinnings, review empirical evidence of regions and economies, and extract pertinent lessons for policy reasearchers and practitioners on the key drivers of success and failure for industrial hubs. This Handbook illustrates the diverse and complex nature of industrial hubs and shows how they promote industrialization, economic structural transformation, and technological catch-up. It explores the implications of emerging issues and trends such as environmental protection and sustainability, technological advancement, shifts in the global economy, and urbanization.
Author | : Marcus Noland |
Publisher | : Peterson Institute |
Total Pages | : 146 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780881323504 |
Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?
Author | : Ling Liu |
Publisher | : Psychology Press |
Total Pages | : 216 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780415355605 |
Focusing on the domestic appliance industry, this book examines the formation and evolution of industrial policies in China, at both the local and the national level.