The case for industrial policy: a critical survey
"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...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
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Schriftenreihe: | Policy research working paper
3839 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | "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. They also review some recent industry successes and argue that only a limited role was played by public interventions. Moreover, the recent ascendance of international industrial networks, which dominate the sectors in which less developed countries have in the past had considerable success, implies a further limitation on the potential role of industrial policies as traditionally understood. Overall, there appears to be little empirical support for an activist government policy even though market failures exist that can, in principle, justify the use of industrial policy. "--World Bank web site |
Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 2/7/2006 |
Beschreibung: | 1 Online-Ressource |
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Datensatz im Suchindex
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author | Pack, Howard |
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discipline_str_mv | Wirtschaftswissenschaften |
format | Electronic eBook |
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language | English |
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spelling | Pack, Howard Verfasser aut The case for industrial policy a critical survey Howard Pack, Kamal Saggi [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3839 Includes bibliographical references Title from PDF file as viewed on 2/7/2006 "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. They also review some recent industry successes and argue that only a limited role was played by public interventions. Moreover, the recent ascendance of international industrial networks, which dominate the sectors in which less developed countries have in the past had considerable success, implies a further limitation on the potential role of industrial policies as traditionally understood. Overall, there appears to be little empirical support for an activist government policy even though market failures exist that can, in principle, justify the use of industrial policy. "--World Bank web site Online-Ausg Also available in print Industrial policy Saggi, Kamal Sonstige oth World Bank Sonstige oth Pack, Howard The case for industrial policy http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3839 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Pack, Howard The case for industrial policy a critical survey Industrial policy |
title | The case for industrial policy a critical survey |
title_auth | The case for industrial policy a critical survey |
title_exact_search | The case for industrial policy a critical survey |
title_exact_search_txtP | The case for industrial policy a critical survey |
title_full | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
title_fullStr | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
title_full_unstemmed | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
title_short | The case for industrial policy |
title_sort | the case for industrial policy a critical survey |
title_sub | a critical survey |
topic | Industrial policy |
topic_facet | Industrial policy |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3839 |
work_keys_str_mv | AT packhoward thecaseforindustrialpolicyacriticalsurvey AT saggikamal thecaseforindustrialpolicyacriticalsurvey AT worldbank thecaseforindustrialpolicyacriticalsurvey |