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How Nations Succeed Manufacturing Trade Industrial Policy And Economic Development
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Book Synopsis How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development by : Murat A. Yülek
Download or read book How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development written by Murat A. Yülek and published by Springer. This book was released on 2018-08-02 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by : Reda Cherif
Download or read book The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2019-03-26 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Competitive Manufacturing by : Stuart A. Rosenfeld
Download or read book Competitive Manufacturing written by Stuart A. Rosenfeld and published by Routledge. This book was released on 2017-07-12 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stuart A. Rosenfeld presents a timely analysis of the problems the United States and other industrialized countries face as they adjust from economies based on natural resources and goods to economies based on quality of human resources and high-performance, market-oriented organizations. Some of the questions raised include: Will American industry successfully face the competitive challenge of the global economy? Can US manufacturing raise productivity and innovate enough to remain healthy? Have the latest advances in process technology and management practice penetrated the rural industrial base? How can public policy help improve the competitiveness of the crucial manufacturing sector? This book challenges the conventional wisdom in economic development policy. Past state and local industrial policy focused on locational decisions, not on issues of competitiveness. Building the competitive advantage of industry is more important than promoting the competitive advantages of location. Incentives to modernize are more important than subsidies to locate. Competitive Manufacturing uses the rural South, the most industrialized rural region of the nation, to examine the strengths and weaknesses of manufacturing as the basis for economic growth. Using historical analysis, surveys, and intensive case studies, the author analyzes the technological capabilities of rural manufacturing, the factors that influence the decision to modernize, and the effects of technology on education and work. Comparative studies in Denmark and Italy point to new directions for US economic development policy.
Book Synopsis Pathways to Industrialization in the Twenty-First Century by : Adam Szirmai
Download or read book Pathways to Industrialization in the Twenty-First Century written by Adam Szirmai and published by Oxford University Press. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A study prepared by the World Institute for Development Economics Research of the United Nations University (UNU-WIDER), Maastricht Economic and Social Research Institute on Innovation and Technology of the United Nations University (UNU-MERIT), and the United Nations Industrial Development Organization (UNIDO)."
Book Synopsis Industrial Policy in Developing Countries by : Tilman Altenburg
Download or read book Industrial Policy in Developing Countries written by Tilman Altenburg and published by . This book was released on 2011 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multinationals and Industrial Competitiveness by : John H. Dunning
Download or read book Multinationals and Industrial Competitiveness written by John H. Dunning and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an excellent overview of the changing relationship between multinationals and economic development as globalization has taken off, and substantially altered the conditions for catching up as opposed to falling behind. The authors move very effectively between the discussion of concepts that are crucial to understanding such changes, and various empirical evidence on foreign direct investment, trade, inter-firm relationships, institutional settings and competitiveness. John Cantwell, Rutgers University, US The globalisation of the world economy has undermined many of the old certainties regarding foreign direct investment flows. Dunning and Narula use the concepts of alliance capitalism and technological evolution to analyse recent trends in international business. They identify the challenges to government policymakers from regional integration, and the consequent intensification of political competition to attract high-technology investment. This masterful and incisive analysis brings great clarity to perplexing issues, and delineates a cogent industrial policy agenda for a globalised economy. Mark Casson, University of Reading, UK This book offers an important contribution to the contemporary debate on the role of multinational enterprises (MNEs) in economic development in an increasingly globalizing, knowledge-intensive and alliance-based world economy. Each of the chapters touches upon critical issues now facing the global economy. They also address the growing importance of innovative activities of firms in promoting economic development and industrial restructuring, as well as the role of FDI and cooperative agreements in furthering this goal. Emphasis is placed on the increasingly significant role of national governments in promoting the intellectual capital of their indigenous resources and capabilities, and of inter-firm collaborative alliances. Globalization and technological advances are reconfiguring the ingredients of the competitiveness of firms and nation states. They are emphasizing the increasingly important role of both private and social institutions as determinants of the success of corporations and of the economic development of societies. Covering a range of issues from economic development, alliance capitalism, government policies, regional integration and industrial development, this authoritative book will greatly appeal to academics and economists, especially those interested in international business and management.
Book Synopsis Trouble in the Making? by : Mary Hallward-Driemeier
Download or read book Trouble in the Making? written by Mary Hallward-Driemeier and published by World Bank Publications. This book was released on 2017-10-12 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing
Book Synopsis Industrial Policy, Economic Growth and the Competitiveness of U.S. Industry by : United States. Congress. Joint Economic Committee
Download or read book Industrial Policy, Economic Growth and the Competitiveness of U.S. Industry written by United States. Congress. Joint Economic Committee and published by . This book was released on 1983 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United Nations Conference on Trade and Development (UNCTAD) Publisher :United Nations ISBN 13 :9210549511 Total Pages :136 pages Book Rating :4.2/5 (15 download)
Book Synopsis Economic Development in Africa Report 2011 by : United Nations Conference on Trade and Development (UNCTAD)
Download or read book Economic Development in Africa Report 2011 written by United Nations Conference on Trade and Development (UNCTAD) and published by United Nations. This book was released on 2011-08-17 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the status of industrial development in Africa with a focus on the identification of stylized facts associated with African manufacturing. It provides an analysis of past attempts at promoting industrial development in the region and the lessons learned from these experiences. It offers policy recommendations on how to foster industrial development in Africa in the new global environment characterized by changing international trade rules, growing influence of industrial powers from the South, the internationalization of production, and increasing concerns about climate change. Finally, it argues that a new industrial policy is needed to induce structural transformation and engender development in African economies.
Book Synopsis Does What You Export Matter? by : Daniel Lederman
Download or read book Does What You Export Matter? written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Trade Policy and Industrialization in Turbulent Times by : Gerry Helleiner
Download or read book Trade Policy and Industrialization in Turbulent Times written by Gerry Helleiner and published by Routledge. This book was released on 2002-09-11 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between trade policy and industrialization has provoked much controversy. Can trade policy promote economic growth in developing countries? Those actively working in the area are becoming increasingly sceptical about the conventional advice given by international policy advisors and organizations. This volume builds upon earlier theoretical and empirical research on trade policy and industrialization but is the first cross-the-board attempt to review developing country experiences in this realm for twenty years. The experience of fourteen developing countries in the 1970s and 1980s is assessed by the contributors, each of whom have a detailed understanding of their country's recent experience.
Book Synopsis Industrialization and Development in the Third World by : Rajesh Chandra
Download or read book Industrialization and Development in the Third World written by Rajesh Chandra and published by Routledge. This book was released on 2003-09-02 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries have undergone significant industrialization in the last three decades. Yet industrial growth reveals marked spatial inequalities in terms of both country and location. The Newly Industrialised Countries have achieved spectacular growth in sharp contrast to many other countries of the South. Industrial structure has changed, moving away from labour intensive industries to more technologically advanced manufacturing. Developing countries have had considerable success in penetrating developed country markets but they are now encountering more market restrictions. The role of the government in the development of the economy is also changing. Increasingly, countries are turning towards export-orientated industrialization strategies and privatization whilst their governments are emphasising their facilitative role.
Book Synopsis Trade, Industrial Policy, and International Competition, Second Edition by : Richard G. Harris
Download or read book Trade, Industrial Policy, and International Competition, Second Edition written by Richard G. Harris and published by McGill-Queen's Press - MQUP. This book was released on 2015-10-01 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Richard Harris’s now classic study on trade and industrial policy was written for the Royal Commission on the Economic Union and Development Prospects for Canada (also known as the Macdonald Commission). First published in 1985 when the Canadian economy faced dramatic changes arising from the emergence of manufacturing competitors among newly industrialized nations and increased protectionism in the US, its recommendations were instrumental in the negotiation of the North America Free Trade Agreement. Addressing the key issues surrounding the design and choice of policies for the Canadian economy, Trade, Industrial Policy, and International Competition reviews the theory and evidence concerning trade liberalization as a mechanism to enhance economic growth, disinvestment in sections that are disadvantageous in the international marketplace, and future problems for the marketing sector caused by increasing competition from developing countries. Drawing from many streams of conventional economic thinking, Harris develops an original and sophisticated model for assessing the broader economic impacts of trade liberalization on the Canadian economy. He concludes that free trade and industrial policy should be regarded as complementary, not substitutes for one another, and recommends a free trade agreement with the United States as a top priority. A new introduction by David Wolfe situates this work within its time and shows how Harris’s analytical insights and policy prescriptions are as relevant today as they when they were originally crafted three decades ago.
Book Synopsis Development and Modern Industrial Policy in Practice by : Jesus Felipe
Download or read book Development and Modern Industrial Policy in Practice written by Jesus Felipe and published by Edward Elgar Publishing. This book was released on 2015-04-24 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Economics And Politics Of Industrial Policy by : Steven A. Shull
Download or read book Economics And Politics Of Industrial Policy written by Steven A. Shull and published by Routledge. This book was released on 2019-03-08 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy is a good example of the growing economic and political interdependency between Europe and the United States. The contributors to this volume, which compiles the proceedings of the seventh conference sponsored by the Institute for the Comparative Study of Public Policy, examine the ways in which national, and supranational in the case of the European Community, industrial policies are implemented. It is thought that diversity within the country is the primary reason why the United States does not have a comprehensive national policy. There is a consensus among the authors that the U.S. economy is less subject or amenable to central government planning than the economies of Europe. In Europe, there is more interest in coordinating industrial policy throughout the European Community, but here too the failure to adopt a comprehensive policy reveals the enormous diversity and parochialism that conflict with supranational goals. The contributors conclude that while a centrally planned and implemented industrial policy may be desirable, we do not have the means to achieve it. Acknowledging the major industrial and trade problems facing the United States and Western Europe, the authors feel that it is not clear whether these problems can be resolved by government intervention.
Book Synopsis Trading Industries, Trading Regions by : Helzi Noponen
Download or read book Trading Industries, Trading Regions written by Helzi Noponen and published by Guilford Press. This book was released on 1993-06-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the impact of trade on regional development and employment, this volume presents a set of industry case studies in which the international locational choices of industries are linked to metropolitan and regional growth patterns. They attempt to show how the United States has been served by domestic firms whose national and international locational patterns are shifting, the result of strategic planning as well as intervention by government agencies. Together, these studies pose a considerable challenge to the free trade prescription, suggesting that success in trade is fundamentally shaped by governmental intervention. They also show the adverse effects and adjustment costs that entire regions can suffer, economic and social costs which must be weighed against purported gains from free trade. Each set of authors offers an alternative political and economic course for the United States and other nations to follow, tailored to the specifics of the industry under consideration. Accessibly written, this work is required reading for all those concerned with industrial policy. It is also an ideal text for courses in economic geography, international economics, trade policy, regional development, and business.
Book Synopsis Manufacturing Miracles by : Gary Gereffi
Download or read book Manufacturing Miracles written by Gary Gereffi and published by Princeton University Press. This book was released on 2014-07-14 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few observers of Mexico and Brazil in the 1930s, or South Korea and Taiwan in the mid-1950s, would have predicted that these nations would become economic "miracles" several decades later. These newly industrializing countries (NICs) challenge much of our conventional wisdom about economic development and raise important questions about international competitiveness and export success in manufacturing industries. In this volume economists, sociologists, and political scientists seek to explain the growth of the NICs in Latin America and East Asia and to reformulate contemporary development theory through an in-depth analysis of these two dynamic regions. Gary Gereffi and Colin I. Bradford, Jr., provide an overview of national development trajectories in Latin America and East Asia, while Barbara Stallings, Gereffi, Robert R. Kaufman, Tun-jen Cheng, and Frederic C. Deyo discuss the role of foreign capital, governments, and domestic coalitions in shaping development outcomes. Gustav Ranis, Robert Wade, Chi Schive, and Ren Villarreal look at the impact of economic policies on industrial performance, and Fernando Fajnzylber, Ronald Dore, and Christopher Ellison with Gereffi examine new agendas for comparative development research. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
