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Book Efficiency  Finance  and Varieties of Industrial Policy

Download or read book Efficiency Finance and Varieties of Industrial Policy written by Akbar Noman and published by Columbia University Press. This book was released on 2016-11-29 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Book The Return of the Policy That Shall Not Be Named  Principles of Industrial Policy

Download or read book The Return of the Policy That Shall Not Be Named Principles of Industrial Policy written by Reda Cherif and published by International Monetary Fund. This book was released on 2019-03-26 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book The Politics of African Industrial Policy

Download or read book The Politics of African Industrial Policy written by Lindsay Whitfield and published by Cambridge University Press. This book was released on 2015-07-02 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book engages in the debate on growth versus economic transformation and the importance of industrial policy, presenting a comprehensive framework for explaining the politics of industrial policy. Using comparative research to theorize about the politics of industrial policy in countries in the early stages of capitalist transformation that also experience the pressures of elections due to democratization, this book provides four in-depth African country studies that illustrate the challenges to economic transformation and the politics of implementing industrial policies.

Book The Oxford Handbook of Industrial Policy

Download or read book The Oxford Handbook of Industrial Policy written by Arkebe Oqubay and published by Oxford University Press, USA. This book was released on 2020-10-19 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Industrial Policy and Economic Transformation in Africa

Download or read book Industrial Policy and Economic Transformation in Africa written by Akbar Noman and published by Columbia University Press. This book was released on 2015-09-15 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

Book Structural Transformation in South Africa

Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.

Book Scoring 50 Years of US Industrial Policy  1970   2020

Download or read book Scoring 50 Years of US Industrial Policy 1970 2020 written by Gary Clyde Hufbauer and published by Peterson Institute for International Economics. This book was released on 2021-11-29 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Putting a Price on Carbon in South Africa and Other Developing Countries

Download or read book Putting a Price on Carbon in South Africa and Other Developing Countries written by Harald Winkler and published by Routledge. This book was released on 2020-12-14 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should we be putting a price on carbon, particularly in developing countries? This volume takes up this contested issue and examines how different economic instruments might apply in developing countries, with a special focus on South Africa. The papers included address a variety of themes in this area: Emissions trading, carbon taxes, fiscal and non-fiscal instruments, policy and institutional dimensions, and lessons from the Clean Development Mechanism. Presenting the very latest research, the volume will be of interest to academics and policymakers in economics, policy and development.

Book Pathways to Industrialization in the Twenty First Century

Download or read book Pathways to Industrialization in the Twenty First Century written by Adam Szirmai and published by OUP Oxford. This book was released on 2013-02-28 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization. There are reasons to believe that industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen. These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the accelerating pace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial intermediation; and how to respond to the threats of global warming and climate change. Under present conditions it may be more difficult than ever for the poorer developing countries to foster industrial development and structural change. They face a more complex, and daunting set of circumstances than the developing countries that embarked on industrialization after 1950. These changing and challenging circumstances require new thinking, and in particular new paradigms to guide researchers, policy makers, and international development organizations in the future. The book includes chapters on the experiences of Africa, Latin America, China, and Indonesia, as wells as thematic chapters on structural change, jobless growth, the evolution of industrial policy, and the challenges of environmental sustainability and climate change. It provides a timely analysis of the circumstances and challenges facing developing countries in industrialization, and offer fresh ideas for new paradigms to carry forward industrial policy in the future.

Book Advanced Public Procurement as Industrial Policy

Download or read book Advanced Public Procurement as Industrial Policy written by Gunnar Eliasson and published by Springer Science & Business Media. This book was released on 2010-03-10 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is about the macroeconomic effects of positive externalities or industrial spillovers around advanced production. The case explored is the “technology di- dend” around Swedish aircraft industry, and in particular around the aircraft ma- facturer Saab, and the major industrial project of the JAS 39 Gripen multirole combat aircraft. The project is partly an updating of my book (in Swedish) Technology 1 Generator or a National Presige Project from 1995, but extends the analysis in s- eral directions. The study includes a chapter on spillovers from advanced production in an industrially developing economy, South Africa, that has acquired the JAS 39 Gripen for its Air Force. There is also a chapter in which the results for Sweden are discussed in the wider context of advanced public procurement in Europe. The text has been organized such that the main chapters have been written for academic readers. Two supplements include the technical details of data collection, mathematical models, and calculation methods. The first chapter is brief and focused on the results. It has the character of an extended executive summary. The second chapter summarizes the entire story; problems, results, and methods. This project would not have been possible without the generous support of a number of people. First of all great thanks go to all those people with crowded calendars in Swedish industrial firms that have set aside time to respond to my questions. Most of them have been listed at the end of the book.

Book The Industrial Policy Revolution II

Download or read book The Industrial Policy Revolution II written by J. Esteban and published by Springer. This book was released on 2013-12-13 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.

Book The Development Decade

Download or read book The Development Decade written by Vishnu Padayachee and published by HSRC Press. This book was released on 2006 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Locating the South African challenges within a broader international perspective, this study covers all the major economic growth challanges from employment, industrial policy, urban governance, and the informal economy to the social challenges of poverty, inequality, HIV/AIDS, and health policy. The key development debates of the post-apartheid era are outlined and the success of a decade of reform and experimentation is considered by a wide range of international development specialists, including American economists Gil Hart and Michael Carter; British economist Jonathan Michie; and South African Scholars Alan Whitesides, Julian May, and Mike Morris.

Book Multinational Corporations and Local Firms in Emerging Economies

Download or read book Multinational Corporations and Local Firms in Emerging Economies written by Eric Rugraff and published by Amsterdam University Press. This book was released on 2011 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order for foreign direct investment to have deep and lasting positive effects on host countries, it is essential that multinational corporations have close direct and indirect interaction with local firms. A valuable addition to the emerging literature on multinational-local firm interfaces, this book provides a number of case studies from emerging economies that examine such mutually beneficial business relationships and the policy measures necessary to support them.

Book South Africa and the World Economy in the 1990s

Download or read book South Africa and the World Economy in the 1990s written by Pauline H. Baker and published by New Africa Books. This book was released on 1993 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Furthermore, what role can international trade and investment play in spurring economic growth in South Africa, alleviating the country's poverty and promoting a more equitable distribution of wealth? These are some of the questions that came under the spotlight at an international conference organised in 1993 by The Aspen Institute and IDASA (The Institute for a Democratic Alternative for South Africa). At this conference, held in South Africa, a number of leading economists and policy advisers from the United States, Asia, Latin America and Africa met to stimulate discussion about a range of critical issues facing the South African economy in the years ahead.

Book Ownership and Governance of Companies

Download or read book Ownership and Governance of Companies written by Jonathan Michie and published by Taylor & Francis. This book was released on 2021-06-29 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Apartheid South Africa was often thought to run in the interests of the business elite. Yet 27 years after apartheid, those business interests remain largely entrenched. Why? Did the South African business community play a role in engineering this outcome – perhaps recognising the apartheid era was over, and jumping ship in time? Conversely, the mission of the ANC was widely perceived to be to shift wealth and power into the hands of the whole community. Yet despite ‘black empowerment’ measures, corporate ownership remains largely in white hands – and certainly in the hands of an elite few, even though no longer restricted to whites. This picture is replicated across the global south, where corporate ownership tends to be concentrated in the hands of an elite, rather than being more democratically spread. Why have alternative corporate forms not been pursued more vigorously, with ownership in the hands of customers, employees, and local communities? In the case of South Africa, where the majority of customers and employees are black, this could have delivered on the ANC’s mission to replace the apartheid era with a democratic one – in terms of wealth, incomes and power, as well as in terms of voting and civic rights. This edited volume explores all these questions and looks at ways to align corporate forms with economic and social goals. The chapters in this book were originally published as special issues of International Review of Applied Economics.