Finance And Industrial Policy

Author : Akbar Noman,Joseph E. Stiglitz
Publisher : Columbia University Press
Page : 527 pages
File Size : 51,8 Mb
Release : 2016-11-29
Category : Business & Economics
ISBN : 9780231542777

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Efficiency, Finance, and Varieties of Industrial Policy by Akbar Noman,Joseph E. Stiglitz Pdf

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.

Author : Giovanni Cozzi,Susan Newman,Jan Toporowski
Publisher : Oxford University Press
Page : 288 pages
File Size : 47,5 Mb
Release : 2016-03-10
Category : Business & Economics
ISBN : 9780191061936

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Finance and Industrial Policy by Giovanni Cozzi,Susan Newman,Jan Toporowski Pdf

The 2008 global financial crisis, together with the experience of de-industrialization across Western Europe over the last three decades, has focussed attention on financial regulation and industrial policy. Industry and finance policies have largely been discussed separately, and this book argues that the two should be considered together, in both analysis and policy formulation that deals with critical questions of how finance has intervened in industrial restructuring and how it might better serve the real economy. Moreover, policy debates have paid relatively little attention to the heterogeneous economic structures and growth trajectories of European economies, and the interconnectedness and interdependencies of growth paths that present specific challenges to policy and highlight the need for cooperation across the region. This book brings together leading scholars and policy makers to contribute to policy debates in three ways. First, it includes current discussions of banking policy, regulation, and reform to reassert the need for financial institutions that will back up and finance an industrial policy to revive the European economy. Second, it reviews the role of industrial and investment policy in supporting innovation, creating jobs, and generating sustainable economic growth. Third, it advances alternative policy proposals aimed at generating sustainable economic growth and employment in Europe. Part I analyses the nature of growth, industrial, and economic restructuring in relation to finance in the lead up to the crisis, at regional, national, and sector levels. Part II presents alternative and progressive policy proposals for growth and employment in Europe in light of the analysis presented in Part I.

Author : Anonim
Publisher : Unknown
Page : 232 pages
File Size : 46,7 Mb
Release : 1981
Category : Credit control
ISBN : STANFORD:36105045228603

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Monetary Policy, Selective Credit Policy, and Industrial Policy in France, Britain, West Germany, and Sweden by Anonim Pdf

Author : Jesus Felipe
Publisher : Edward Elgar Publishing
Page : 432 pages
File Size : 43,7 Mb
Release : 2015-04-24
Category : Business & Economics
ISBN : 9781784715540

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Development and Modern Industrial Policy in Practice by Jesus Felipe Pdf

Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of moder

Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on International Finance and Monetary Policy
Publisher : Unknown
Page : 122 pages
File Size : 46,8 Mb
Release : 1983
Category : Business failures
ISBN : STANFORD:36105045183436

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Foreign Industrial Targeting by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on International Finance and Monetary Policy Pdf

Author : Murat A. Yülek
Publisher : Springer
Page : 304 pages
File Size : 41,5 Mb
Release : 2018-08-02
Category : Business & Economics
ISBN : 9789811305689

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How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development by Murat A. Yülek Pdf

This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a capacity and skill building process through certain stages. Industrial policy helps countries advance through those stages. Explaining technical concepts in understandable terms, the book discusses the capacity and limits of the developmental state in industrialization and in general in economic development, demonstrating how picking-the-winner type focused industrial policy has worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results.

Author : John Zysman
Publisher : Cornell University Press
Page : 364 pages
File Size : 48,6 Mb
Release : 1983
Category : Business & Economics
ISBN : 0801492521

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Governments, Markets, and Growth by John Zysman Pdf

Zysman demonstrates that there is a direct relationship between a nation's financial system and its government's ability to restart the growth engine.

Author : Reda Cherif,Fuad Hasanov
Publisher : International Monetary Fund
Page : 79 pages
File Size : 45,9 Mb
Release : 2019-03-26
Category : Business & Economics
ISBN : 9781498305563

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The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by Reda Cherif,Fuad Hasanov Pdf

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.

Author : Murat A. Yülek
Publisher : Springer
Page : 0 pages
File Size : 41,9 Mb
Release : 2018-01-23
Category : Political Science
ISBN : 9811057400

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Industrial Policy and Sustainable Growth by Murat A. Yülek Pdf

This volume looks at the critical issues of industrial policy and sustainability. It assesses the gap between how developed and developing countries have integrated sustainability issues in their industrial policies, and how they should have ideally done so. The book looks at the specific issues of middle income trap, levels of industrialization and the distribution of manufacturing activities among nations, and presents analysis of sector and country specific policy case studies in areas such as health, energy, medical devices, aviation, automobile manufacturing. The volume also examines trade policies and their impact on industry and environment, and elaborate on how industrial policies involve selective direct and indirect sectoral policies which play a role in assisting policy makers manage objectives of catch up and sustainability.

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher : Unknown
Page : 1066 pages
File Size : 48,5 Mb
Release : 1983
Category : Capital investments
ISBN : STANFORD:36105119649486

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Industrial Policy by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization Pdf

Author : Akbar Noman,Joseph E. Stiglitz
Publisher : Columbia University Press
Page : 469 pages
File Size : 48,7 Mb
Release : 2015-09-15
Category : Business & Economics
ISBN : 9780231540773

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Industrial Policy and Economic Transformation in Africa by Akbar Noman,Joseph E. Stiglitz Pdf

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.

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher : Unknown
Page : 120 pages
File Size : 55,9 Mb
Release : 1982
Category : Government publications
ISBN : PURD:32754066850573

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U.S. Industrial Strategy by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization Pdf

Author : Franco Mosconi
Publisher : Routledge
Page : 230 pages
File Size : 50,5 Mb
Release : 2015-05-22
Category : Business & Economics
ISBN : 9781317646136

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The New European Industrial Policy by Franco Mosconi Pdf

The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its Advanced Manufacturing Partnership, and China owes much of its spectacular economic boom in the last decades to its being the 'world's factory'. Is there room for the EU in this landscape? This timely new book explores Europe’s role in this evolving environment. It argues that on the one hand, in terms of sheer numbers, the role of the manufacturing industry in the EU is on a par with other major global economies. However, the book also states that Europe falls short of its global competitors (the USA in particular) in terms of its involvement in the most innovative manufacturing sectors. The volume therefore argues that this creates the opportunity for a new European industrial policy. Exploring the development of current EU policy, the book puts forward suggestions as to how the EU can improve in terms of the competitiveness of its technology policy. Placing the EU’s position in the context of the industrial structures of the USA, Japan and the BRICs, the book blends theoretical models and practical examples in order to offer a the state of the art look at the current and future direction of Europe’s industrial policy. This book will be of relevance to all those with an interest in European economics, industrial economics, public policy, European politics and European studies.

Author : John Zysman
Publisher : Cornell University Press
Page : 361 pages
File Size : 48,7 Mb
Release : 2018-05-31
Category : Political Science
ISBN : 9781501717413

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Governments, Markets, and Growth by John Zysman Pdf

The deterioration in the economic performance of the advanced industrial democracies during the 1970s provoked an intense debate about the role of government in economic adjustment and growth. In Governments, Markets, and Growth, John Zysman makes a significant contribution to our understanding of these critical international issues by demonstrating that there is a direct relationship between a nation's financial system and its government's ability to restart the growth engine.Professor Zysman argues that there are three distinct types of financial systems, each with different consequences for the political ties between financial markets, industry, and government. Zysman tests his argument by analyzing and comparing the patterns of industrial adjustment in five advanced nations. He contrasts the differing strategies of industrial adjustments primarily in France and Great Britain, but also in Japan, West Germany, and the United States. Governments, Markets, and Growth will be invaluable to the international banking and business community, a wide variety of government officials, and students of political science, economics, and business administration.

Author : Justin Lin Yifu
Publisher : Springer
Page : 292 pages
File Size : 47,9 Mb
Release : 2013-12-16
Category : Business & Economics
ISBN : 9781137335173

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The Industrial Policy Revolution I by Justin Lin Yifu Pdf

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.