Industrial Policy After The Crisis

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Industrial Policy After the Crisis

Author : Patrizio Bianchi
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930494
Total Pages : 169 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Industrial Policy After the Crisis by : Patrizio Bianchi

Download or read book Industrial Policy After the Crisis written by Patrizio Bianchi and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Policy after the Crisis provides a fresh and insightful study on the lessons that can be drawn from the global financial crisis for the analysis, definition and implementation of industrial policy.The authors utilize a political economy framework for the analysis of industrial development post-crisis, centred on the organisation of production and stressing its importance for the wealth of nations, meaning not only rising income but also 'justice and happiness'.Examining industrial policy as a long-term vision of development, this insightful study will appeal to students in industrial and business economics, political economy and development studies, as well as policymakers. Offering a reflection on the theoretical basis of policy decision making and recommendation, it will also be beneficial to scholars in the field of economics and politics.

The Oxford Handbook of Industrial Policy

Author : Arkebe Oqubay
Publisher : Oxford University Press, USA
ISBN 13 : 0198862423
Total Pages : 981 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis The Oxford Handbook of Industrial Policy by : Arkebe Oqubay

Download or read book The Oxford Handbook of Industrial Policy written by Arkebe Oqubay and published by Oxford University Press, USA. This book was released on 2020-10-19 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Technology Pork Barrel

Author : Linda R. Cohen
Publisher : Brookings Institution Press
ISBN 13 : 9780815723684
Total Pages : 428 pages
Book Rating : 4.7/5 (236 download)

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Book Synopsis The Technology Pork Barrel by : Linda R. Cohen

Download or read book The Technology Pork Barrel written by Linda R. Cohen and published by Brookings Institution Press. This book was released on 2002-07-31 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Fiscal Policy after the Financial Crisis

Author : Alberto Alesina
Publisher : University of Chicago Press
ISBN 13 : 022601844X
Total Pages : 596 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Fiscal Policy after the Financial Crisis by : Alberto Alesina

Download or read book Fiscal Policy after the Financial Crisis written by Alberto Alesina and published by University of Chicago Press. This book was released on 2013-06-25 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.

Efficiency, Finance, and Varieties of Industrial Policy

Author : Akbar Noman
Publisher : Columbia University Press
ISBN 13 : 0231542771
Total Pages : 527 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Efficiency, Finance, and Varieties of Industrial Policy by : Akbar Noman

Download or read book Efficiency, Finance, and Varieties of Industrial Policy written by Akbar Noman and published by Columbia University Press. This book was released on 2016-11-29 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Industrial Policy in an Era of Globalization

Author : Marcus Noland
Publisher : Peterson Institute
ISBN 13 : 9780881323504
Total Pages : 146 pages
Book Rating : 4.3/5 (235 download)

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Book Synopsis Industrial Policy in an Era of Globalization by : Marcus Noland

Download or read book Industrial Policy in an Era of Globalization written by Marcus Noland and published by Peterson Institute. This book was released on 2003 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?

Development and Modern Industrial Policy in Practice

Author : Jesus Felipe
Publisher : Edward Elgar Publishing
ISBN 13 : 1784715549
Total Pages : 425 pages
Book Rating : 4.7/5 (847 download)

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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 425 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

Industrial Policy for the Manufacturing Revolution

Author : Patrizio Bianchi
Publisher : Edward Elgar Publishing
ISBN 13 : 1786430320
Total Pages : 209 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Industrial Policy for the Manufacturing Revolution by : Patrizio Bianchi

Download or read book Industrial Policy for the Manufacturing Revolution written by Patrizio Bianchi and published by Edward Elgar Publishing. This book was released on 2018-06-29 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a critical reflection on the meaning and expected impact of the fourth industrial revolution, and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. A concrete illustration of this industrial policy is provided through an experience of its implementation at regional level.

Industrial Policy and the World Trade Organization

Author : Sherzod Shadikhodjaev
Publisher : Cambridge University Press
ISBN 13 : 1107145082
Total Pages : 349 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Industrial Policy and the World Trade Organization by : Sherzod Shadikhodjaev

Download or read book Industrial Policy and the World Trade Organization written by Sherzod Shadikhodjaev and published by Cambridge University Press. This book was released on 2018-11-08 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Highlights what national governments should know to properly conduct their industrial policies under the multilateral trading system.

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

Author : Reda Cherif
Publisher : International Monetary Fund
ISBN 13 : 1498305563
Total Pages : 79 pages
Book Rating : 4.4/5 (983 download)

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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.

The Rise of China's Industrial Policy, 1978 To 2020

Author : Barry Naughton
Publisher :
ISBN 13 : 9786078066599
Total Pages : 139 pages
Book Rating : 4.0/5 (665 download)

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Book Synopsis The Rise of China's Industrial Policy, 1978 To 2020 by : Barry Naughton

Download or read book The Rise of China's Industrial Policy, 1978 To 2020 written by Barry Naughton and published by . This book was released on 2021-04-15 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pathways to Industrialization in the Twenty-First Century

Author : Adam Szirmai
Publisher : Wider Studies in Development E
ISBN 13 : 0199667853
Total Pages : 466 pages
Book Rating : 4.1/5 (996 download)

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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 Wider Studies in Development E. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The New European Industrial Policy

Author : Franco Mosconi
Publisher : Routledge
ISBN 13 : 1317646134
Total Pages : 247 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The New European Industrial Policy by : Franco Mosconi

Download or read book The New European Industrial Policy written by Franco Mosconi and published by Routledge. This book was released on 2015-05-22 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its Advanced Manufacturing Partnership, and China owes much of its spectacular economic boom in the last decades to its being the 'world's factory'. Is there room for the EU in this landscape? This timely new book explores Europe’s role in this evolving environment. It argues that on the one hand, in terms of sheer numbers, the role of the manufacturing industry in the EU is on a par with other major global economies. However, the book also states that Europe falls short of its global competitors (the USA in particular) in terms of its involvement in the most innovative manufacturing sectors. The volume therefore argues that this creates the opportunity for a new European industrial policy. Exploring the development of current EU policy, the book puts forward suggestions as to how the EU can improve in terms of the competitiveness of its technology policy. Placing the EU’s position in the context of the industrial structures of the USA, Japan and the BRICs, the book blends theoretical models and practical examples in order to offer a the state of the art look at the current and future direction of Europe’s industrial policy. This book will be of relevance to all those with an interest in European economics, industrial economics, public policy, European politics and European studies.

Handbook on the Economics and Theory of the Firm

Author : Michael Dietrich
Publisher : Edward Elgar Publishing
ISBN 13 : 1781002401
Total Pages : 607 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Handbook on the Economics and Theory of the Firm by : Michael Dietrich

Download or read book Handbook on the Economics and Theory of the Firm written by Michael Dietrich and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.

Economic Policy and the Financial Crisis

Author : Łukasz Mamica
Publisher : Routledge
ISBN 13 : 1134591454
Total Pages : 321 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis Economic Policy and the Financial Crisis by : Łukasz Mamica

Download or read book Economic Policy and the Financial Crisis written by Łukasz Mamica and published by Routledge. This book was released on 2014-03-26 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of the global economic crisis which started in the United States in 2007-08 are still being felt in most of the advanced economies, and the mainstream tools of recovery are not having the required results. It seems that many of the after-effects of the crisis, including the instability of the financial markets, increasing public debts and limited economic growth, require new solutions from both economic policy and theory. Lower aggregate demand during the crisis increased the pressure on firms to be more competitive and at the same time, the crisis in the banking system has had a negative impact on the willingness of financial institutions to give credit to companies for investment. Therefore, the key issue for current economic policy is to find a balance between the stabilisation of public finance and maintaining the momentum of long-term growth. This book offers an evolutionary-developmental analysis, combining elements of neo-Schumpeterian economics, institutional economics and post-Keynesian economics, to show that selection processes within an economy, and the institutional rules shaping those processes, are substantially more important than usually recognised by evolutionary economic theory. Two major challenges for economic theory and policy, in particular, have emerged during the crisis. The first is the rise of unemployment coupled with growing public deficits. The second is the financial instability which threatens the permanence of economic development. This book examines the performance of the advanced economies since the crisis and explores why some of them have been more successful in tackling these challenges than others. It is argued that the reasons for the varied performances of these economies lie in the economic policies which were introduced before and in the aftermath of the crisis and the differences in the regulation of their labour markets. This volume will be of interest to students and academics in the areas of macroeconomics, public economics and public management.

Industrial Policy and Economic Transformation in Africa

Author : Akbar Noman
Publisher : Columbia University Press
ISBN 13 : 0231540779
Total Pages : 469 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Industrial Policy and Economic Transformation in Africa by : Akbar Noman

Download or read book Industrial Policy and Economic Transformation in Africa written by Akbar Noman and published by Columbia University Press. This book was released on 2015-09-15 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Research Handbook on International Banking and Governance

Author : James R. Barth
Publisher : Edward Elgar Publishing
ISBN 13 : 1849806101
Total Pages : 767 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Research Handbook on International Banking and Governance by : James R. Barth

Download or read book Research Handbook on International Banking and Governance written by James R. Barth and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 767 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis has stimulated much debate on the governance of financial institutions, as well as research on the effects of governance arrangements on risk-taking, performance and financial institutions more generally. Furthermore, researchers are asking how regulation, legislation, politics and other factors influence the governance of financial institutions and their behavior in different dimensions. The specially commissioned contributions featured in this timely Handbook confront these complex issues. The contributors – top international scholars from finance, law and business – explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features affecting objectives and quality of governance. The chapters provide in-depth analysis of factors such as: ownership, efficiency and stability; market discipline; compensation and performance; social responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future crises. Bringing the reader to the frontier of research on governance of financial institutions, this volume is sure to inspire future research in scholars and students of financial institutions, governance and banking as well as all those involved with private financial institutions and public regulatory and supervisory authorities.