National Industrial Strategies and the World Economy

National Industrial Strategies and the World Economy PDF Author: John Pinder
Publisher: Routledge
ISBN: 1351578855
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
With the economic crisis continuing into the 1980s, the necessity to adapt industrial structures to contemporary requirements became clear. This book, first published in 1982, is a volume unique in its coverage of the major countries, industries, and international relationships that together generate the dynamic of structural change. Case studies by industrial sector and country are provided, as well as thoughtful analysis of a broad range of issues, including protectionism, foreign investment, primary production vs processing and manufacture, energy requirements, market imperfections, employment, and the growth of interdependence.

National Industrial Strategies and the World Economy

National Industrial Strategies and the World Economy PDF Author: John Pinder
Publisher: Routledge
ISBN: 1351578855
Category : Business & Economics
Languages : en
Pages : 345

Get Book Here

Book Description
With the economic crisis continuing into the 1980s, the necessity to adapt industrial structures to contemporary requirements became clear. This book, first published in 1982, is a volume unique in its coverage of the major countries, industries, and international relationships that together generate the dynamic of structural change. Case studies by industrial sector and country are provided, as well as thoughtful analysis of a broad range of issues, including protectionism, foreign investment, primary production vs processing and manufacture, energy requirements, market imperfections, employment, and the growth of interdependence.

Scoring 50 Years of US Industrial Policy, 1970–2020

Scoring 50 Years of US Industrial Policy, 1970–2020 PDF 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.

The Political Economy of Industrial Strategy in the UK

The Political Economy of Industrial Strategy in the UK PDF 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.

Economic Security: Neglected Dimension of National Security ?

Economic Security: Neglected Dimension of National Security ? PDF Author: National Defense University (U S )
Publisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy PDF 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.

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

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

The Fourth Industrial Revolution

The Fourth Industrial Revolution PDF Author: Klaus Schwab
Publisher: Crown Currency
ISBN: 1524758876
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
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.

Minding America's Business

Minding America's Business PDF Author: Ira C. Magaziner
Publisher: Vintage
ISBN:
Category : Business & Economics
Languages : en
Pages : 404

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Book Description


Strategic Coupling

Strategic Coupling PDF Author: Henry Wai-chung Yeung
Publisher: Cornell University Press
ISBN: 1501704265
Category : Political Science
Languages : en
Pages : 309

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Book Description
In Strategic Coupling, Henry Wai-chung Yeung examines economic development and state-firm relations in East Asia, focusing in particular on South Korea, Taiwan, and Singapore. As a result of the massive changes of the last twenty-five years, new explanations must be found for the economic success and industrial transformation in the region. State-assisted startups and incubator firms in East Asia have become major players in the manufacture of products with a global reach: Taiwan's Hon Hai Precision has assembled more than 500 million iPhones, for instance, and South Korea’s Samsung provides the iPhone’s semiconductor chips and retina displays.Drawing on extensive interviews with top executives and senior government officials, Yeung argues that since the late 1980s, many East Asian firms have outgrown their home states, and are no longer dependent on state support; as a result the developmental state has lost much of its capacity to steer and direct industrialization. We cannot read the performance of national firms as a direct outcome of state action. Yeung calls for a thorough renovation of the still-dominant view that states are the primary engine of industrial transformation. He stresses action by national firms and traces various global production networks to incorporate both firm-specific activities and the international political economy. He identifies two sets of dynamics in these national-global articulations known as strategic coupling: coevolution in the confluence of state, firm, and global production networks, and the various strategies pursued by East Asian firms to attain competitive positions in the global marketplace.

The Case for Industrial Policy

The Case for Industrial Policy PDF Author: Howard Pack
Publisher: World Bank Publications
ISBN:
Category : Industrial policy
Languages : en
Pages : 51

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Book Description
What are the underlying rationales for industrial policy? Does empirical evidence support the use of industrial policy for correcting market failures that plague the process of industrialization? To address these questions, the authors provide a critical survey of the analytical literature on industrial policy. They also review some recent industry successes and argue that only a limited role was played by public interventions. Moreover, the recent ascendance of international industrial networks, which dominate the sectors in which less developed countries have in the past had considerable success, implies a further limitation on the potential role of industrial policies as traditionally understood. Overall, there appears to be little empirical support for an activist government policy even though market failures exist that can, in principle, justify the use of industrial policy.