Author: Aurora Teixeira
Publisher: Routledge
ISBN: 113468343X
Category : Business & Economics
Languages : en
Pages : 347
Book Description
The onset of the global crisis has emphasised the persistence of substantial differences in development and social progress within the euro area. The specific case of countries located in the southern periphery region has come to the centre stage, due to the harsh economic conditions that all these countries have experienced in the recent past. In the aftermath of the American subprime credit bubble, these countries’ high indebtedness raised doubts as to their ability to sustain public finances, with the financial crisis developing and gaining momentum due to the fragilities presented in the economy. To varying degrees of severity, all of these economies have since been forced to introduce strong fiscal tightening programmes in order to achieve fiscal consolidation, which have translated into recession and rising unemployment. This book undertakes a comprehensive analysis of the causes of the crisis in southern European countries, showing that the ‘Achilles heel’ of these economies is rooted in the dismal evolution of productivity and in a specialisation pattern excessively based on the so-called ‘traditional’, low, and low-medium tech industries, which yield low margins, declining export shares and, ultimately, withering international competitiveness. Such evidence suggests that the southern European periphery industrial growth model has reached its limits, demanding a multidimensional policy approach capable of overcoming the magnitude and complexity of the present crisis. Without denying the need to adjust public and private balance sheets, it is argued that finding a sustainable path out of the present problems requires addressing the challenges of productivity growth and competitiveness in the long term.
Structural Change, Competitiveness and Industrial Policy
Author: Aurora Teixeira
Publisher: Routledge
ISBN: 113468343X
Category : Business & Economics
Languages : en
Pages : 347
Book Description
The onset of the global crisis has emphasised the persistence of substantial differences in development and social progress within the euro area. The specific case of countries located in the southern periphery region has come to the centre stage, due to the harsh economic conditions that all these countries have experienced in the recent past. In the aftermath of the American subprime credit bubble, these countries’ high indebtedness raised doubts as to their ability to sustain public finances, with the financial crisis developing and gaining momentum due to the fragilities presented in the economy. To varying degrees of severity, all of these economies have since been forced to introduce strong fiscal tightening programmes in order to achieve fiscal consolidation, which have translated into recession and rising unemployment. This book undertakes a comprehensive analysis of the causes of the crisis in southern European countries, showing that the ‘Achilles heel’ of these economies is rooted in the dismal evolution of productivity and in a specialisation pattern excessively based on the so-called ‘traditional’, low, and low-medium tech industries, which yield low margins, declining export shares and, ultimately, withering international competitiveness. Such evidence suggests that the southern European periphery industrial growth model has reached its limits, demanding a multidimensional policy approach capable of overcoming the magnitude and complexity of the present crisis. Without denying the need to adjust public and private balance sheets, it is argued that finding a sustainable path out of the present problems requires addressing the challenges of productivity growth and competitiveness in the long term.
Publisher: Routledge
ISBN: 113468343X
Category : Business & Economics
Languages : en
Pages : 347
Book Description
The onset of the global crisis has emphasised the persistence of substantial differences in development and social progress within the euro area. The specific case of countries located in the southern periphery region has come to the centre stage, due to the harsh economic conditions that all these countries have experienced in the recent past. In the aftermath of the American subprime credit bubble, these countries’ high indebtedness raised doubts as to their ability to sustain public finances, with the financial crisis developing and gaining momentum due to the fragilities presented in the economy. To varying degrees of severity, all of these economies have since been forced to introduce strong fiscal tightening programmes in order to achieve fiscal consolidation, which have translated into recession and rising unemployment. This book undertakes a comprehensive analysis of the causes of the crisis in southern European countries, showing that the ‘Achilles heel’ of these economies is rooted in the dismal evolution of productivity and in a specialisation pattern excessively based on the so-called ‘traditional’, low, and low-medium tech industries, which yield low margins, declining export shares and, ultimately, withering international competitiveness. Such evidence suggests that the southern European periphery industrial growth model has reached its limits, demanding a multidimensional policy approach capable of overcoming the magnitude and complexity of the present crisis. Without denying the need to adjust public and private balance sheets, it is argued that finding a sustainable path out of the present problems requires addressing the challenges of productivity growth and competitiveness in the long term.
Industrial Policies and Structural Change
Author: Christopher Thomas Saunders
Publisher:
ISBN:
Category : Agriculture and state
Languages : en
Pages : 388
Book Description
Conference papers, structural change, industrial restructuring, industrial policy, planned economies, market economies, CMEA countries, Western Europe, USA - state intervention, industrial promotion, research and development, agricultural policy, case studies. Bibliography, graphs, statistical tables.
Publisher:
ISBN:
Category : Agriculture and state
Languages : en
Pages : 388
Book Description
Conference papers, structural change, industrial restructuring, industrial policy, planned economies, market economies, CMEA countries, Western Europe, USA - state intervention, industrial promotion, research and development, agricultural policy, case studies. Bibliography, graphs, statistical tables.
Industrial Policy Movement in the United States
Structural Change and Economic Growth
Author: Michael Peneder
Publisher:
ISBN:
Category : Austria
Languages : en
Pages : 180
Book Description
Publisher:
ISBN:
Category : Austria
Languages : en
Pages : 180
Book Description
The Oxford Handbook of Industrial Policy
Author: Arkebe Oqubay
Publisher: Oxford University Press
ISBN: 0192607235
Category : Business & Economics
Languages : en
Pages : 912
Book Description
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.
Publisher: Oxford University Press
ISBN: 0192607235
Category : Business & Economics
Languages : en
Pages : 912
Book Description
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.
Industry 4.0
Author: Tessaleno Devezas
Publisher: Springer
ISBN: 3319496042
Category : Business & Economics
Languages : en
Pages : 426
Book Description
This book presents the latest research perspectives on how the Industry 4.0 paradigm is challenging the process of technological and structural change and how the diversification of the economy affects structural transformation. It also explores the impact of fast-growing technologies on the transformation of socioeconomic and environmental systems, and asks whether structural and technological change can generate sustainable economic growth and employment. Further, the book presents the basic innovations (new technologies, materials, energy, etc) and industrial policies that can lead to such a structural change.
Publisher: Springer
ISBN: 3319496042
Category : Business & Economics
Languages : en
Pages : 426
Book Description
This book presents the latest research perspectives on how the Industry 4.0 paradigm is challenging the process of technological and structural change and how the diversification of the economy affects structural transformation. It also explores the impact of fast-growing technologies on the transformation of socioeconomic and environmental systems, and asks whether structural and technological change can generate sustainable economic growth and employment. Further, the book presents the basic innovations (new technologies, materials, energy, etc) and industrial policies that can lead to such a structural change.
Structural Change, Industrial Location and Competitiveness
Author: Joanne E. Oxley
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 696
Book Description
Collected from such publications as the Journal of Political Economy, the Journal of International Economics, and Small Business Economics, 29 contributions explore the implications of such changes in the international economy as rapid technological developments in communications and transportation, economic liberalization, and the emergence of new economies with huge market potential. The papers are organized into five sections which explore topics such as the Marshallian and Schumpeterian theoretical underpinnings of production agglomeration and innovation; the role of multinationals in global agglomeration; synergies between multinationals and local firms; government policies, industry location, and national competitiveness; and future trends. Annotation copyrighted by Book News, Inc., Portland, OR
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 696
Book Description
Collected from such publications as the Journal of Political Economy, the Journal of International Economics, and Small Business Economics, 29 contributions explore the implications of such changes in the international economy as rapid technological developments in communications and transportation, economic liberalization, and the emergence of new economies with huge market potential. The papers are organized into five sections which explore topics such as the Marshallian and Schumpeterian theoretical underpinnings of production agglomeration and innovation; the role of multinationals in global agglomeration; synergies between multinationals and local firms; government policies, industry location, and national competitiveness; and future trends. Annotation copyrighted by Book News, Inc., Portland, OR
Strategy for U.S. Industrial Competitiveness
Author: Committee for Economic Development. Research and Policy Committee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
Book Description
Industrial Competitiveness and Restructuring in Enlarged Europe
Author: Iraj Hashi
Publisher: Palgrave MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 336
Book Description
This book is about changes in the competitiveness and the restructuring of manufacturing industries in the three leading transition economies of Central Europe (Poland, Hungary and the Czech Republic), their integration into the European Union, and their catching up with the old member states in the pre-accession period.
Publisher: Palgrave MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 336
Book Description
This book is about changes in the competitiveness and the restructuring of manufacturing industries in the three leading transition economies of Central Europe (Poland, Hungary and the Czech Republic), their integration into the European Union, and their catching up with the old member states in the pre-accession period.
Structural Reforms, Productivity and Technological Change in Latin America
Author: Jorge M. Katz
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 164
Book Description
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 164
Book Description
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.