The Political Economy of Industrial Policy

The Political Economy of Industrial Policy

Author: Ha-Joon Chang

Publisher: Palgrave Schol, Print UK

Published: 1994

Total Pages: 184

ISBN-13: 9780333588628

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This study provides a comprehensive discussion of the controversial issue of industrial policy, drawing on some recent developments in economic theory in areas like political economy, institutional economics, industrial economics and theories of technical progress.


The Political Economy of Industrial Strategy in the UK

The Political Economy of Industrial Strategy in the UK

Author: Froud BERRY

Publisher: Building Progressive Alternatives

Published: 2021-02-28

Total Pages: 352

ISBN-13: 9781788213394

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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.


Political Economy of Malaysia’s Industrial Policy

Political Economy of Malaysia’s Industrial Policy

Author: Firdausi Suffian

Publisher: Springer Nature

Published: 2021-02-22

Total Pages: 131

ISBN-13: 9813369019

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This book examines the national automotive policy in Malaysia to help readers gain an understanding of the country’s industrial policy-making processes. Addressing a gap in analysis of the political economy of the national automotive policy, the research presented combines the new institutional theory and the developmental state approach to provide new insights into elite policymakers’ measures to shield domestic automotive enterprises from pro-market reforms. The formation of the national car project marks a turning point for Malaysia's industrial development as a country, which it envisions will lead to it becoming a major player in the global automotive market. However, the domestic institutional factors embedded in ethno-economic interests and patronage constrain national car-makers, limiting their potential to grow, and instead causing a slowdown in the industry. Allowing readers to understand the background to Malaysia’s heavy industrialisation programme and the birth of its national car projects, this book critically discusses the significance of institutional context in policy outcomes, and highlights how institutions and policies have impact growth or decline. It is a valuable resource relevant to analysts, researchers and students who are interested in the political economy of the national industrial policy and automotive industry in Malaysia and beyond.


The Politics of Trade and Industrial Policy in Africa

The Politics of Trade and Industrial Policy in Africa

Author: Charles Chukwuma Soludo

Publisher: IDRC

Published: 2004

Total Pages: 376

ISBN-13: 1592211658

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This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.


The Transformation of the Communist Economies

The Transformation of the Communist Economies

Author: Ha-Joon Chang

Publisher: Springer

Published: 2016-07-27

Total Pages: 447

ISBN-13: 134923916X

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The mainstream view of the way in which best to transform the communist economies was that there should be a rapid transition to a free market economy and political democracy. The articles in this book challenge this view. They do so from the standpoint of economic and political theory, and from an evaluation of the comparative experience of different reforming countries in Europe and Asia. This book represents the first systematic attempt to try to explain the dramatic contrast in outcome between reforming countries that have pursued comprehensive system reform and those that have pursued cautious, experimental strategies.


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.


Scoring 50 Years of US Industrial Policy, 1970–2020

Scoring 50 Years of US Industrial Policy, 1970–2020

Author: Gary Clyde Hufbauer

Publisher: Peterson Institute for International Economics

Published: 2021-11-29

Total Pages: 127

ISBN-13: 0881327468

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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.