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The Oxford Handbook of Industrial Policy

Author : Arkebe Oqubay
Publisher : Oxford University Press, USA
Page : 981 pages
File Size : 27,63 MB
Release : 2020-10-19
Category : Business & Economics
ISBN : 0198862423

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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.

How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development

Author : Murat A. Yülek
Publisher : Springer
Page : 304 pages
File Size : 36,53 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.

Development and Modern Industrial Policy in Practice

Author : Jesus Felipe
Publisher : Edward Elgar Publishing
Page : 425 pages
File Size : 42,71 MB
Release : 2015-04-24
Category : Business & Economics
ISBN : 1784715549

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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

Scoring 50 Years of US Industrial Policy, 1970–2020

Author : Gary Clyde Hufbauer
Publisher : Peterson Institute for International Economics
Page : 127 pages
File Size : 48,86 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.

Public Policy and Business Strategy for Industrial Development

Author : Urgessa Tilahun Bekabil
Publisher : GRIN Verlag
Page : 21 pages
File Size : 39,76 MB
Release : 2021-08-04
Category : Business & Economics
ISBN : 3346459659

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Academic Paper from the year 2021 in the subject Economics - Industrial Economics, grade: A, , language: English, abstract: Industrial policies are one of the instruments for addressing market failures. This paper is aimed at assessing what public policy and business strategy for industrial development in developing countries looks like from empirical studies perspective. In developing and emerging economies, small scale industrial enterprises that require protection from the side of the government are major source of employment. The small-scale industrial firms particularly need access to credit to increase their competitiveness and integrate themselves into local and global value chains. Policies and strategies that play a role in transforming the dominant and low productive sector, subsistent agriculture, to highly productive industrial sector is the focus area of governments of developing economies. Strategic coordination between private and public need to be functional to have policies and strategies that are important for sustainable industrial development in developing economies.

Efficiency, Finance, and Varieties of Industrial Policy

Author : Akbar Noman
Publisher : Columbia University Press
Page : 527 pages
File Size : 44,92 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.

Role of Public Policy in Development Process

Author : Niti Mehta
Publisher :
Page : 449 pages
File Size : 24,33 MB
Release : 2018
Category : Economic development
ISBN : 9789332704213

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Papers presented in a Seminar on "Role of Public Policy in Development Process", held at the Sardar Patel Institute of Economic and Social Research (SPIESR), Ahmedabad, during January 4-5, 2016.

The Practice of Industrial Policy

Author : John Page
Publisher : Oxford University Press
Page : 331 pages
File Size : 26,69 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.

Innovation and Public Policy

Author : Austan Goolsbee
Publisher : University of Chicago Press
Page : 259 pages
File Size : 29,68 MB
Release : 2022-03-25
Category : Business & Economics
ISBN : 022680545X

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A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.

Industrial Policy for the Sustainable Development Goals Increasing the Private Sector’s Contribution

Author : OECD
Publisher : OECD Publishing
Page : 196 pages
File Size : 37,62 MB
Release : 2021-09-15
Category :
ISBN : 9264868070

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How can governments support the private sector’s contribution to the Sustainable Development Goals (SDGs)? This book investigates the contribution of firms to the SDGs, particularly through their core business, taking into account inter-sectoral linkages and global value chains, using novel techniques and data sources.