The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy


The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy
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The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy


The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy
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FREE 30 Days

Author : Reda Cherif
language : en
Publisher: International Monetary Fund
Release Date : 2019-03-26

The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy written by Reda Cherif and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-26 with Business & Economics categories.


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 Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy


The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy
DOWNLOAD
FREE 30 Days

Author : Reda Cherif
language : en
Publisher: International Monetary Fund
Release Date : 2019-03-26

The Return Of The Policy That Shall Not Be Named Principles Of Industrial Policy written by Reda Cherif and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-26 with Business & Economics categories.


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.



Data Security And Trust In Smart Cities


Data Security And Trust In Smart Cities
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Author : Stan McClellan
language : en
Publisher: Springer Nature
Release Date :

Data Security And Trust In Smart Cities written by Stan McClellan and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Handbook On Innovation Society And The Environment


Handbook On Innovation Society And The Environment
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Author : Fernando J. Díaz López
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-10-06

Handbook On Innovation Society And The Environment written by Fernando J. Díaz López and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-06 with Business & Economics categories.


Through careful investigation into the role of eco-innovation as a catalysing factor in the societal transition towards sustainability, this Handbook proposes more appropriate measures of innovation as a driver of change. It examines innovation from various perspectives, including labour, trade, the circular economy and energy, to illustrate a more comprehensive picture of its impacts.



The Oxford Handbook Of Industrial Policy


The Oxford Handbook Of Industrial Policy
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Author : Arkebe Oqubay
language : en
Publisher: Oxford University Press
Release Date : 2020-10-20

The Oxford Handbook Of Industrial Policy written by Arkebe Oqubay and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-20 with Business & Economics categories.


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 Reshaping Of China S Industry Chains


The Reshaping Of China S Industry Chains
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Author : CICC Research, CICC Global Institute
language : en
Publisher: Springer Nature
Release Date :

The Reshaping Of China S Industry Chains written by CICC Research, CICC Global Institute and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




The Pitfalls Of Protectionism Import Substitution Vs Export Oriented Industrial Policy


The Pitfalls Of Protectionism Import Substitution Vs Export Oriented Industrial Policy
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Author : Reda Cherif
language : en
Publisher: International Monetary Fund
Release Date : 2024-04-26

The Pitfalls Of Protectionism Import Substitution Vs Export Oriented Industrial Policy written by Reda Cherif and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-26 with Business & Economics categories.


Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged competition, economies of scale, innovation, and local integration and provided market signals to policymakers. Even in a large market such as India, import substitution policies in the automotive industry failed because of micromanagement and misaligned incentives. We also analyze the risk tradeoffs involved in various industrial policy strategies and their implications on the 21st century industrial policies. While state interventions may be needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and will most likely be counterproductive.



Industrial Policy Coverage In Imf Surveillance Broad Considerations


Industrial Policy Coverage In Imf Surveillance Broad Considerations
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2024-03-11

Industrial Policy Coverage In Imf Surveillance Broad Considerations written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-11 with Business & Economics categories.


The paper aims to provide a conceptual framework and guiding principles for the coverage of Industrial Policy (IP) in IMF surveillance. It proposes a working definition of industrial policy, discusses its objectives and main instruments, and provides a brief review of academic literature on IP. The paper discusses the four broad sets of considerations for assessing IP: justification, design, cost-benefit assessment, and implementation. It stresses that IP should be covered in IMF surveillance when it is deemed macro-critical and/or has the potential to generate significant cross-border spillovers. The paper also discusses specific aspects of industrial policies, including trade-related IP, green IP, Special Economic Zones (SEZs), and State-Owned Enterprises (SOEs), and provides examples of the IP coverage in the Article IV consultations with China, Euro Area, Indonesia, Saudi Arabia, and the United States.



Eu And Us Foreign Economic Policy Responses To China


Eu And Us Foreign Economic Policy Responses To China
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Author : Joachim Schild
language : en
Publisher: Taylor & Francis
Release Date : 2023-12-19

Eu And Us Foreign Economic Policy Responses To China written by Joachim Schild and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-19 with Political Science categories.


This book examines EU and US bilateral trade and investment relations with China, their attempts to level the economic playing field and to narrow the ‘reciprocity gap’ in market openness. It explores the extent of EU and US policy change, the underlying factors accounting for this change and compares EU and US foreign economic policy answers to an adversary increasingly perceived as an unfair economic competitor and as a systemic rival. The book covers a broad range of policy areas from ‘trade wars’, trade defense instruments, their reform and use, investment screening, and export control to industrial policies. It makes eclectic use of different strands of International Relations, International Political Economy and Policy Analysis theorizing to account for the extent of, and differences in, the EU and US responses. The People’s Republic of China’s stellar economic and political rise combined with the resilience of its unfair trade practices, its reinforced authoritarian repression at home and its ever more assertive foreign (economic) policy has triggered a shift in perceptions of China, followed by equally profound policy change in the European Union and the US. This book expertly charts and explains this significant shift in stance. This book will be of key interest to scholars, students and practitioners in the fields of EU trade policymaking, US foreign/ foreign economic policy, EU-China-US economic relations, European political economy, and more broadly to European studies, Asian studies, International Relations, International Political Economy, and transatlantic relations.



Private Sector Development In An Emerging World


Private Sector Development In An Emerging World
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Author : Diederik Boer
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2023-12-04

Private Sector Development In An Emerging World written by Diederik Boer and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-04 with Business & Economics categories.


This book explores the interactions between private sector development, public policies and societal institutions with a strong view on contributing to sustainable and inclusive development in emerging countries. The private sector is often praised as an engine of economic growth. This belief has led to significant efforts to promote private sector development in emerging countries. Development agencies prioritize private sector development and national governments are following suit, resulting in often huge incentives to stimulate and attract private investment. However, private sector development is not a panacea for sustainable and inclusive development as the past decades have clearly shown. Economic growth, societal development and environmental sustainability are often in a sharp conflict; and more often than not economic growth has failed to improve the lives of all citizens. This book examines the role the state and the private sector should play to benefit from the dynamics of business development, while ensuring that these benefits are shared broadly without jeopardizing sustainability. The views presented differ in detail, but the analyses and case studies presented share common themes, namely that the relative roles of state and private sector of should be balanced and that this particular balance should be based on the context of each country in order to make the private-public sector interaction work for all people.