Industrial Policy in the European Community: A Necessary Response to Economic Integration?

Industrial Policy in the European Community: A Necessary Response to Economic Integration?

Author: Phedon Nicolaides

Publisher: BRILL

Published: 2023-11-27

Total Pages: 148

ISBN-13: 9004633219

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As global corporate rivalry intensifies there is rising concern about the state of industries that have to compete with foreign firms often suspected of being aided by their governments with the aim to dominate world markets. In the European Community, in particular, many industrialists believe that the completion of the single market will make them even more vulnerable to foreign competition. The essays compiled in this book re-examine the arguments for industrial policy. They go beyond the sterile and doctrinaire debate on whether the government should intervene in the economy. Rather, they ask what kind of industrial policy should national governments and the European Community pursue in the light of the increasing openness of their economies, expanding global corporate alliances and faster technological obsolescence. These essays have a distinct policy orientation. They review the latest theoretical developments in order to identify the relevant policy parameters and draw conclusions on what the aim and instruments of industrial policy should be.


The New Industrial Policy of the European Union

The New Industrial Policy of the European Union

Author: Adam A. Ambroziak

Publisher: Springer

Published: 2016-10-08

Total Pages: 276

ISBN-13: 3319390708

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The main objective of this book has been to carry out research into the definition of industrial policy and its goals; to evaluate previously-introduced policies and instruments; and to identify the future challenges for and features of a modern EU industrial policy. A modern industrial policy is seen as a non-traditional policy towards the industrial sector, based not necessarily on only the elimination of market failures (within the sectoral and/or horizontal approaches), but rather on the expanding the scope of industrial economic activities within the framework of both the pre- and post-fabrication stages. The book targets three market segments: academics; policy and decision-makers at the EU, national and regional level, as well as business practitioners. It includes a wide-ranging analysis of different spheres of industrial policies conducted within the European Union, making it of interest to an international audience. Each chapter also offers detailed and valuable comments, as well as conclusions that can be generally applied, ensuring the book’s universality. The book presents the results of a research project conducted in the Collegium of World Economy at the Warsaw School of Economics.


Industrial Policies and Economic Integration

Industrial Policies and Economic Integration

Author: Patrizio Bianchi

Publisher: Routledge

Published: 2002-06

Total Pages: 239

ISBN-13: 1134750587

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This volume looks at the role industrial policies play in the context of European integration. A new range of policies for regional integration are developed aimed at allowing a new common market to effectively enter the global marketplace.


Industry and the European Union

Industry and the European Union

Author: Michael Darmer

Publisher: Edward Elgar Publishing

Published: 2000-01-01

Total Pages: 400

ISBN-13: 9781781959589

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'This book is a most valuable contribution to the understanding of the complexity of European policies and their impact on individual businesses and industry as a whole. That focus makes this book unique. All in all, there are only a few books about the industrial policy of the European Union and none with such a focus.' - Karel van Miert, Universiteit Nyenrode, The Netherlands 'Contrary to standard works covering community industrial policy, this book is based on the experience of those involved in the actual formulation of policies. It documents the evolution of this policy towards a horizontal approach combining various instruments that need to be made consistent with each other. This book will be very valuable to scholars and policymakers alike.' - Alexis Jacquemin, European Commission and Université Catholique de Louvain, Belgium European policies increasingly affect the daily decisions of European firms. Better understanding of the motivation and reasoning behind policies that affect industry is therefore essential to those interested in or affected by industrial policy. Industry and the European Union explores different European policy areas, focusing on aspects that are of particular importance for business.


Research, Quality, Competitiveness

Research, Quality, Competitiveness

Author: Attilio Stajano

Publisher: Springer Science & Business Media

Published: 2008-09-22

Total Pages: 548

ISBN-13: 0387792651

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The European Union (EU) was launched as a response to the economic dominance of the United States and – to a lesser degree – the Soviet Union. The nations of Western Europe were too small to compete against large scale and diversi?ed economies on their own. Six countries, eventually expanding to 27 (and counting), took a series of steps toward progressively deeper integration: the removal of int- nal tariffs, the construction of a common external tariff, the elimination of many (but not all) non-tariff barriers leading to a single market, and the adoption of a c- mon currency by 15 of the member states. The EU today equals and even exceeds the U. S. on many key indicators of performance. In the process, two similar but nonetheless divergent models of social and economic life stand in contrast with each other. The U. S. is more committed to capitalism and does little to dilute its harsh edges while the nations of Europe support wider social safety nets and more active regulation of commercial activity to mute the crueller aspects of the free-market. Until recently, the economic dynamism of the U. S. called into question whether the so-called European social model was sustainable in an era of globalization. The EU was slipping in competitiveness and was being challenged by new global pow- houses like China and India. Although the U. S. economy has slowed, there is little indication that European countries are capable of leveraging the situation to their advantage.


The Oxford Handbook of Industrial Policy

The Oxford Handbook of Industrial Policy

Author: Arkebe Oqubay

Publisher: Oxford University Press, USA

Published: 2020-10-19

Total Pages: 981

ISBN-13: 0198862423

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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.