Current Issues in Industrial Economic Strategy PDF Download

Author: Keith Cowling
Publisher: Manchester University Press
ISBN: 9780719038112
Category : Industrial policy
Languages : en
Pages : 312

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Author: Gary Clyde Hufbauer
Publisher: Peterson Institute for International Economics
ISBN: 0881327468
Category : Business & Economics
Languages : en
Pages : 127

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Book Description
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: Jesus Felipe
Publisher: Edward Elgar Publishing
ISBN: 1784715549
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
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

Author: Froud BERRY
Publisher: Building Progressive Alternatives
ISBN: 9781788213394
Category :
Languages : en
Pages : 352

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Book Description
Industrial strategy has been back on the agenda of UK policy elites since the 2008 financial crisis. How should we understand this shift? This collection of essays by leading academics and practitioners including Victoria Chick, Kate Bell, Simon Lee, Karel Williams, Susan Himmelweit, Laurie Macfarlane and Ron Martin - among many others- considers the effectiveness of recent industrial policies in addressing the UK's economic malaise. In offering a broad political economy perspective on economic statecraft and development in the UK, the book focuses on the political and institutional foundations of industrial policy, the value of "foundational" economic practices, the challenge of greening capitalism and addressing regional inequalities, and the new financial and corporate governance structures required to radicalize industrial strategy.

Author: Murat A. Yülek
Publisher: Springer
ISBN: 9811305684
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
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: Klaus Schwab
Publisher: Currency
ISBN: 1524758876
Category : Business & Economics
Languages : en
Pages : 192

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World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Author: Reda Cherif
Publisher: International Monetary Fund
ISBN: 1498305563
Category : Business & Economics
Languages : en
Pages : 79

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Book Description
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: Akbar Noman
Publisher: Columbia University Press
ISBN: 0231540779
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
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: Alex Jacquemin
Publisher: Cambridge, Mass. : MIT Press
ISBN: 9780262600149
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
This timely book surveys and illuminates the recent literature on industrial organization by contrasting the analyses based on the idea of "natural" adaptation of industry to environmental conditions and those that focus on the "strategic" dimension and manipulation of environment. Among the topics dealt with are the sociobiology of economic organizations and such allied issues as evolutionary economics, natural selection, and adaptation; game-theoretic models of strategic behavior; and the social, political, and legal implications of industrial policy.In the introduction, Jacquemin discusses and compares the features of classical industrial organization and those of the "new industrial organization." The first chapter - on market selection processes - sounds the book's keynote. It blends traditional themes such as long-run competitive equilibrium and Darwinian economic selection with recent research on contestable markets and equilibrium in imperfectly competitive industries. It also sharply contrasts the views of the natural selection theory and the maximization process on the one hand, with those of the new industrial organization and strategic behavior, on the other.Other chapters deal with oligopoly, concentration, and market power; with barriers to entry, both natural and strategic; with open problems in organization theory (a treatment that blends Williamson's transactions-costs concept with analytical modes to explain the divisionalization of the modern corporation, including Japanese firms); and with intersections of industrial policy and social theory. The last chapter discusses broad social issues, relating such diverse topics as Japanese industrial policy (MITI), Hirschman's "Exit, Voice, and Loyalty," and the writings of Rawls and Nozick.Alexis Jacquemin directs the Centre for Economic and Legal Research in Industrial Organization in the Department of Economics at the Université Catholique de Louvain in Louvain-la-Neuve, Belgium.

Author: Roger Sugden
Publisher: Psychology Press
ISBN: 9780415067744
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Exploring key current issues, leading economists focus on the government processes which influence industrial economic activity and its role within the European Community as a positive instrument promoting industrial development