[PDF] Policy Perspectives On National Industrial Policy eBook

Author : Reda Cherif
Publisher : International Monetary Fund
Page : 79 pages
File Size : 13,83 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 : James Foreman-Peck
Publisher : Oxford University Press, USA
Page : 492 pages
File Size : 45,33 MB
Release : 1999
Category : Business & Economics
ISBN : 9780198289982

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The present study aims to contribute to an understanding of European industrial policy by introducing an historical perspective. National policy continuities and the considerable time over which industrial performance responds to changed environments emerge with greater clarity in the long run. The chapters in this book take a broad view of industrial policy, including those policies that establish the framework', such as competition law, as well as sector for firm specific policies.

Author : Murat A. Yülek
Publisher : Springer
Page : 304 pages
File Size : 31,76 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 : David Bailey
Publisher :
Page : 0 pages
File Size : 40,71 MB
Release : 2011
Category : Global Financial Crisis, 2008-2009
ISBN : 9780415685061

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This edited volume examines questions on industrial policy through a wide range of diverse contributions from expert international authors.

Author : Akbar Noman
Publisher : Columbia University Press
Page : 527 pages
File Size : 18,56 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.