The return of industrial policies: Policy considerations in the current context
The paper contributes to renewed debates about industrial policy in the context of recent initiatives in several OECD economies. It discusses the pros and cons of industrial policies motivated by environmental, national security and place-based/inclusiveness objectives. The paper also considers impl...
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| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2024
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| Series: | OECD Economic Policy Papers
no.34 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | The paper contributes to renewed debates about industrial policy in the context of recent initiatives in several OECD economies. It discusses the pros and cons of industrial policies motivated by environmental, national security and place-based/inclusiveness objectives. The paper also considers implementation and design issues, and how to respond to industrial policies in other countries. There are well-grounded economic, social and environmental justifications for some industrial policies. However, there are legitimate concerns that the benefits of such policies could be limited and the costs high. This mainly relates to measures curbing domestic and international competition and the practical and political challenges in designing and implementing effective measures. Thus, while governments may want to experiment with future and welfare-oriented industrial policies, they should exert moderation in scope, exercise caution in design and implementation, and be mindful of possible negative international implications. |
| Physical Description: | 1 Online-Ressource (57 Seiten) |
Staff View
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| spelling | Millot, Valentine VerfasserIn aut The return of industrial policies Policy considerations in the current context Valentine, Millot and Łukasz, Rawdanowicz Paris OECD Publishing 2024 1 Online-Ressource (57 Seiten) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economic Policy Papers no.34 The paper contributes to renewed debates about industrial policy in the context of recent initiatives in several OECD economies. It discusses the pros and cons of industrial policies motivated by environmental, national security and place-based/inclusiveness objectives. The paper also considers implementation and design issues, and how to respond to industrial policies in other countries. There are well-grounded economic, social and environmental justifications for some industrial policies. However, there are legitimate concerns that the benefits of such policies could be limited and the costs high. This mainly relates to measures curbing domestic and international competition and the practical and political challenges in designing and implementing effective measures. Thus, while governments may want to experiment with future and welfare-oriented industrial policies, they should exert moderation in scope, exercise caution in design and implementation, and be mindful of possible negative international implications. Economics Rawdanowicz, Łukasz MitwirkendeR ctb |
| spellingShingle | Millot, Valentine The return of industrial policies Policy considerations in the current context Economics |
| title | The return of industrial policies Policy considerations in the current context |
| title_auth | The return of industrial policies Policy considerations in the current context |
| title_exact_search | The return of industrial policies Policy considerations in the current context |
| title_full | The return of industrial policies Policy considerations in the current context Valentine, Millot and Łukasz, Rawdanowicz |
| title_fullStr | The return of industrial policies Policy considerations in the current context Valentine, Millot and Łukasz, Rawdanowicz |
| title_full_unstemmed | The return of industrial policies Policy considerations in the current context Valentine, Millot and Łukasz, Rawdanowicz |
| title_short | The return of industrial policies |
| title_sort | return of industrial policies policy considerations in the current context |
| title_sub | Policy considerations in the current context |
| topic | Economics |
| topic_facet | Economics |
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