Author: Elliot Schwartz
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 102
Book Description
The Industrial Policy Debate
Author: Elliot Schwartz
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 102
Book Description
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 102
Book Description
The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy
Author: Reda Cherif
Publisher: International Monetary Fund
ISBN: 1498305563
Category : Business & Economics
Languages : en
Pages : 79
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.
Publisher: International Monetary Fund
ISBN: 1498305563
Category : Business & Economics
Languages : en
Pages : 79
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.
Losing Time
Author: Otis L. Graham
Publisher:
ISBN: 9780674539198
Category : Business & Economics
Languages : en
Pages : 392
Book Description
The United States already has an Industrial Policy, says Otis Graham in this timely, well-written book. It is composed of many sector-specific policies of the federal government (such as airline deregulation and tariffs on Asian textiles), along with similar policies adopted in numerous states. These amount to a national Industrial Policy, but one which is uncoordinated and often harmful.
Publisher:
ISBN: 9780674539198
Category : Business & Economics
Languages : en
Pages : 392
Book Description
The United States already has an Industrial Policy, says Otis Graham in this timely, well-written book. It is composed of many sector-specific policies of the federal government (such as airline deregulation and tariffs on Asian textiles), along with similar policies adopted in numerous states. These amount to a national Industrial Policy, but one which is uncoordinated and often harmful.
The Practice of Industrial Policy
Author: John Page
Publisher: Oxford University Press
ISBN: 0198796951
Category : Business & Economics
Languages : en
Pages : 331
Book Description
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.
Publisher: Oxford University Press
ISBN: 0198796951
Category : Business & Economics
Languages : en
Pages : 331
Book Description
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.
The Oxford Handbook of Industrial Policy
Author: Arkebe Oqubay
Publisher:
ISBN: 0198862423
Category : Business & Economics
Languages : en
Pages : 981
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. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.
Publisher:
ISBN: 0198862423
Category : Business & Economics
Languages : en
Pages : 981
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. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.
The Technology Pork Barrel
Author: Linda R. Cohen
Publisher: Brookings Institution Press
ISBN: 9780815723684
Category : Business & Economics
Languages : en
Pages : 428
Book Description
American public policy has had a long history of technological optimism. The success of the United States in research and development contributes to this optimism and leads many to assume that there is a technological fix for significant national problems. Since World War II the federal government has been the major supporter of commercial research and development efforts in a wide variety of industries. But how successful are these projects? And equally important, how do economic and policy factors influence performance and are these influences predictable and controllable? Linda Cohen, Roger Noll, and three other economists address these questions while focusing on the importance of R&D to the national economy. They examine the codependency between technological progress and economic growth and explain such matters as why the private sector often fails to fund commercially applicable research adequately and why the government should focus support on some industries and not others. They also analyze political incentives facing officials who enact and implement programs and the subsequent forces affecting decisions to continue, terminate, or redirect them. The central part of this book presents detailed case histories of six programs: the supersonic transport, communications satellites, the space shuttle, the breeder reactor, photovoltaics, and synthetic fuels. The authors conclude with recommendations for program restructuring to minimize the conflict between economic objectives and political constraints.
Publisher: Brookings Institution Press
ISBN: 9780815723684
Category : Business & Economics
Languages : en
Pages : 428
Book Description
American public policy has had a long history of technological optimism. The success of the United States in research and development contributes to this optimism and leads many to assume that there is a technological fix for significant national problems. Since World War II the federal government has been the major supporter of commercial research and development efforts in a wide variety of industries. But how successful are these projects? And equally important, how do economic and policy factors influence performance and are these influences predictable and controllable? Linda Cohen, Roger Noll, and three other economists address these questions while focusing on the importance of R&D to the national economy. They examine the codependency between technological progress and economic growth and explain such matters as why the private sector often fails to fund commercially applicable research adequately and why the government should focus support on some industries and not others. They also analyze political incentives facing officials who enact and implement programs and the subsequent forces affecting decisions to continue, terminate, or redirect them. The central part of this book presents detailed case histories of six programs: the supersonic transport, communications satellites, the space shuttle, the breeder reactor, photovoltaics, and synthetic fuels. The authors conclude with recommendations for program restructuring to minimize the conflict between economic objectives and political constraints.
Scoring 50 Years of US Industrial Policy, 1970–2020
Author: Gary Clyde Hufbauer
Publisher: Peterson Institute for International Economics
ISBN: 0881327468
Category : Business & Economics
Languages : en
Pages : 129
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.
Publisher: Peterson Institute for International Economics
ISBN: 0881327468
Category : Business & Economics
Languages : en
Pages : 129
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.
Does What You Export Matter?
Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821384910
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
Publisher: World Bank Publications
ISBN: 0821384910
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
Transforming Economies
Author: José Manuel Salazar-Xirinachs
Publisher:
ISBN:
Category : Developed countries
Languages : en
Pages : 428
Book Description
Publisher:
ISBN:
Category : Developed countries
Languages : en
Pages : 428
Book Description
Pathways to Industrialization in the Twenty-First Century
Author: Adam Szirmai
Publisher: Wider Studies in Development E
ISBN: 0199667853
Category : Business & Economics
Languages : en
Pages : 466
Book Description
This book deals with the importance of industrialization and the development of manufacturing in the economic development process. It focuses specifically on new challenges such as global value chains, the rise of China, climate change, and the role of state versus private sector entrepreneurs in forging appropriate industrial policies.
Publisher: Wider Studies in Development E
ISBN: 0199667853
Category : Business & Economics
Languages : en
Pages : 466
Book Description
This book deals with the importance of industrialization and the development of manufacturing in the economic development process. It focuses specifically on new challenges such as global value chains, the rise of China, climate change, and the role of state versus private sector entrepreneurs in forging appropriate industrial policies.