Published June 1984
by Univ Pr of Amer .
Written in English
|The Physical Object|
|Number of Pages||24|
The textbook case for industrial policy is well understood. If some sectors are subject to external economies of scale, whereas others are not, a government should subsidize the ﬁrst group of sectors at the expense of the second. The empirical rele-vance of this argument, however, remains unclear. In this paper we develop a strategy. Get this from a library! The case for industrial policy: a critical survey. [Howard Pack; Kamal Saggi; World Bank.] -- "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. 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. Turkey’s Economy The Case for Industrial Policy ing to this approach, the secret to successful growth, such as the one of East Asian economies in the second half of the 20th century, is to adopt pro-market policies and to discard any disruptive government intervention to the economy (World Bank, ). As it was observed also in the case of.
trial policy is a special case of this general argument. Three specific arguments for industrial policy have r eceived the most attention. One is derived from the presence of know ledge spillovers and dynamic scale econo-. Made in Africa presents the findings of original field research into the design, practice, and varied outcomes of industrial policy in the cement, leather and leather products, and floriculture sectors in Ethiopia. It explores how and why the outcomes of industrial policy are shaped by particular factors in Reviews: integration endeavours. The “how” of common industrial policies is as important a problem area for SACU as the “what” of common industrial policies. The first example chosen was the EU. The EU was selected firstly because it is one of the few international examples of regional integration with an explicit industrial policy. major agricultural industrial capabilities, forced quota de-liveries, and collectivization as demanded by socialist dog-mas replaced market principles of self - interest with vir-tue. The unpopular policies coupled with civil and regional wars led to the malfunctioning of the economy: per capita.
Current industrial policy: business knowledge and innovation David Audretsch (Indiana University) In the first case, if companies do not book (internalise) all their costs they will tend to produce too much of a given good. In the case of a polluting activity, for instance, this would mean higher production and. In order to ensure clarity, thematic unity, precision, and a proper presentation of various approaches to industrial policy, the chapter has been prepared using original statements, phrases and quotations from over publications, supplemented in some cases by the author’s own critical remarks and opinions. he debate on industrial policy has arguably been the most ideological one in the history of economics. The best proof of the ideological nature of the industrial policy debate is shown by the debate on the ‘economic miracles’ in the East Asian countries, like Japan, (South) Korea, and Taiwan. It is hard to believe it today, but until the s. This book analyses essential concepts of competition law and industrial policy, and shows where the two areas clash with and complement each other, respectively; the discussion takes place in the context of developing countries, taking into consideration their realities and specific needs.