[PDF] Industrial Policy eBook

Author : Akbar Noman
Publisher : Columbia University Press
Page : 469 pages
File Size : 38,89 MB
Release : 2015-09-15
Category : Business & Economics
ISBN : 0231540779

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The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

Author : John Page
Publisher : Oxford University Press
Page : 331 pages
File Size : 47,1 MB
Release : 2017
Category : Business & Economics
ISBN : 0198796951

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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 : Gary Clyde Hufbauer
Publisher : Peterson Institute for International Economics
Page : 127 pages
File Size : 39,53 MB
Release : 2021-11-29
Category : Business & Economics
ISBN : 0881327468

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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 : Akbar Noman
Publisher : Columbia University Press
Page : 527 pages
File Size : 39,61 MB
Release : 2016-11-29
Category : Business & Economics
ISBN : 0231542771

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Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Author : Frank Dobbin
Publisher : Cambridge University Press
Page : 284 pages
File Size : 33,85 MB
Release : 1994
Category : Business & Economics
ISBN : 9780521629904

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This book explores 19th-century railroad policies in the United States, France, and Britain to identify the roots of nations' modern industrial policy styles.

Author : Murat A. Yülek
Publisher : Springer
Page : 304 pages
File Size : 35,19 MB
Release : 2018-08-02
Category : Business & Economics
ISBN : 9811305684

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This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a capacity and skill building process through certain stages. Industrial policy helps countries advance through those stages. Explaining technical concepts in understandable terms, the book discusses the capacity and limits of the developmental state in industrialization and in general in economic development, demonstrating how picking-the-winner type focused industrial policy has worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results.

Author : Reda Cherif
Publisher : International Monetary Fund
Page : 79 pages
File Size : 38,17 MB
Release : 2019-03-26
Category : Business & Economics
ISBN : 1498305563

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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
Page : 400 pages
File Size : 37,30 MB
Release : 2013-12-16
Category : Business & Economics
ISBN : 1137335173

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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
Page : 349 pages
File Size : 10,72 MB
Release : 2018-11-08
Category : Business & Economics
ISBN : 1107145082

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Highlights what national governments should know to properly conduct their industrial policies under the multilateral trading system.

Author : Otis Graham
Publisher : Harvard University Press
Page : 392 pages
File Size : 49,42 MB
Release : 1994-04
Category : Business & Economics
ISBN : 9780674539358

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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.