The Case for Industrial Policy is popular PDF and ePub book, written by Howard Pack in 2006, it is a fantastic choice for those who relish reading online the Industrial policy genre. Let's immerse ourselves in this engaging Industrial policy book by exploring the summary and details provided below. Remember, The Case for Industrial Policy can be Read Online from any device for your convenience.
The Case for Industrial Policy Book PDF Summary
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.
Detail Book of The Case for Industrial Policy PDF
- Author : Howard Pack
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Industrial policy
- Total Page : 51 pages
- Language : English
- PDF File Size : 15,5 Mb
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