Radical Perspectives on Industrial Policy

Author(s):  
Sam Ashman ◽  
Susan Newman ◽  
Fiona Tregenna

This chapter surveys, evaluates, and develops radical perspectives on industrial policy. We examine the differences between mainstream and heterodox approaches to economic and industrial development, and we look at the similarities and differences between structuralist and Marxist approaches. We argue that Marx’s concern is not with sectors but with value and the overall circuit of capital. Radical industrial policy foregrounds class and capitalism, and integrates a distinctive conception of the state. We argue further that radical industrial policy operates at two levels, the analytical and the prescriptive, and we use the climate crisis to illustrate our argument. Radical industrial policy has broad objectives, including fundamentally altering productive structures and dynamics towards labour-centred development. Finally, we briefly survey some experiences of radical industrial policy, loosely dividing them between statist, co-operative, and participatory planning approaches. We also reflect on the limits of industrial policy, especially under globalized and financialized capitalism.

2020 ◽  
pp. 105-117 ◽  
Author(s):  
Yurii Kindzers'kyi

Introduction. Overcoming the phenomena of de-industrialization and structural degradation of the Ukrainian economy should be based on the development and implementation of structural and industrial policies, given the need to achieve the Sustainable Development Goals of the country and the corresponding transition of the economy to the tracks of inclusive and sustainable industrial development. Purpose. To analyze the key challenges facing the Ukrainian industry and propose directions for shaping national policies for inclusive and sustainable industrialization. Results. Key indices of development of the Ukrainian industry in comparison with some industrially developed countries are analyzed. Emphasis is placed on the inconsistency of industrial transformation processes in our country with the world trends and trends of inclusive and sustainable industrial development, defined by the Lima Declaration of UNIDO's, in particular in the context of the dynamics and structure of production and export, technological level, the need to improve labor productivity and income of the population, approximation to social inclusivity and fair distribution of national wealth, the transfer of production to environmental safety rails. The key defects of the state economic policy which led to negative tendencies are outlined. Attention is drawn to the actual refusal of the state from industrial policy, both in the "vertical" and "horizontal" variants of it, the replacement of structural policy by deregulation and orientation to the formal improvement of the country's positions in international ratings with further deterioration of the economic situation. The institutional distortions that led to the unfair distribution of the country's wealth and the emergence of domestic peculiarities of the short-terminism phenomenon in state and corporate decision-making are shown. The model and main directions of the policy of inclusive and sustainable industrialization are offered. It is based on the principle of dualistic combination of means of "vertical" and "horizontal" industrial policy, outlines priority directions of development of domestic industry, based on the possible specialization of the country and the existing threats and challenges. The key role of the state in this process is emphasized and the conclusion is made about the necessity of its transformation into a " developmental state", whose activity will be subordinate to the interest of the whole population of the country, and public property should be considered as an effective means for reviving production and creating the "total causality effect" of inclusive industrialization and achievement social justice.


Author(s):  
Ivan Mytsenko

The article presents the analysis of the current state and development trends of the industry of Ukraine in the context of its industries and regions. As a result of the analysis, a conclusion was made about the stagnation of the industrial complex of Ukraine, which is due to the low efficiency and inconsistency of the state policy in the sphere of industrial development. Priority areas for improving the industrial policy of Ukraine have been identified. Keywords industry, industrial branches, innovation development, state industrial policy, industrial development strategy.


2021 ◽  
Vol 16 (3) ◽  
pp. 44-52
Author(s):  
A.P. KOSHKIN ◽  
◽  
O.R. LYUBKINA ◽  

The purpose of the research article involves the study of industrial parks, on the one hand, as an institution and an instrument of industrial development, on the other hand, as a factor affecting the productivity and effectiveness of regional state industrial policy. The research object is an industrial park as a factor of reindustrialization and new industrialization. The subject of the study is the regional state industrial policy. The results of the study showed that at the time of the adoption of the relevant law on industrial policy in the Russian Federation (2014), there were three states of the industrial complex in the Russian regions (in our case, in the macro-region of Central Russia (the Central Federal District region)): deindustrialization, the state of industrial stagnation and the state of high-quality industrial growth. The authors focus on the different mission of industrial parks in the industrial policy of the Russian Federation constituents, depending on their conditions.


1983 ◽  
Vol 3 (1) ◽  
pp. 81-95 ◽  
Author(s):  
Brian Girvin

ABSTRACTIrish industrial policy is of recent origin. Free trade has replaced an earlier reliance on protection to generate industrial growth. For the past 25 years Irish industrial policy has been characterised by the attraction of foreign capital, export-led industrialisation, and state intervention. The Industrial Development Authority has been the major agency in orchestrating this policy of development. Multinational corporations have made a significant contribution to this process. The current recession has led to a deeper involvement by the state in industrial policy. Corporatist instruments have been devised which retain considerable influence. Industrial policy is experiencing further change. There is a new emphasis on the generation of an independent Irish industrial sector, while monetary constraints are imposing restrictions on the range of policy options open to the state.


Author(s):  
Liudmyla Deineko ◽  
Olena Tsyplitska

Relevance of research topic. An institutional mechanism aimed at progressive technical and technological modernization of the production sector as the basis of the national economy is an important component of the transition of Ukrainian industry to an innovative type of development. Formulation of the problem. At the same time, the growth in the level of depreciation of the fixed assets of Ukraine's industry already accounts for two thirds of their initial value, which indicates the gaps in the structure and links between the components of the existing institutional mechanism and leads to its low efficiency. Analysis of recent research and publications. The questions of the essence of the institutional mechanism of economic development and industrial modernization were studied in the works of D. North, C. Polanyi, J. Hodgson, I. Averina, V. Heyets, A. Grytsenko, S. Istomin, G. Kleiner, N. Lebedeva, A. Plotnikova, S. Yashchenko, etc. Selection of unexplored parts of the general problem. Despite the acuteness of the problem of technological renewal of the industrial sector and increase of its competitiveness by means of transition to the innovative type of development, the aspect of industrial modernization has not been studied enough. Setting the task, the purpose of the study. The purpose of the research is to define the essence, structure and directions of development of the institutional mechanism of industrial modernization for overcoming the stagnation and increase the competitiveness of domestic industrial production. Method or methodology for conducting research. Structural-logic, specifically economic methods, method of scientific abstraction, institutional analysis, economic and statistical and expert methods are used in the research. Presentation of the main material (results of work). Institutional mechanism of industrial modernization is a multi-level formation with a large number of vertical and horizontal links between institutions, in which the necessary flows of knowledge, technology and capital are formed with the help of specific instruments, the effectiveness of which is determined by the quality of institutions. Analysis of the state of industrial modernization has revealed a significant share of outdated technologies in the basic industries, a significant outflow of foreign direct investments and insufficient capital investments, which is associated with imperfections in the existing institutional mechanism. They should be managed through a system of monitoring of state of industrial modernization and re-institutionalization of linkages between the state and industrial stakeholders as an important tasks of industrial policy. The field of application results. The results of the study can be used in the improvement of the legal and regulatory framework for industrial development, in the development of programs and action plans of the government to overcome the crisis in the Ukrainian economy. Conclusions according to the article. The research has revealed the essence of the institutional mechanism for modernization of the industrial sector, defined its structure and analyzed its components – institutions, institutes, communication channels and instruments of stimulation. It was determined that its development should be regulated by the state through monitoring of the state of industrial modernization, revision of legislation, selection of effective instruments of industrial policy, reinstitutionalization of communications and formation partnership within the framework “state - industry - science”.


2017 ◽  
pp. 45-59 ◽  
Author(s):  
V. Osmakov ◽  
A. Kalinin

The article considers the problems of industrial policy and, accordingly, the industrial development strategy from the standpoint of the challenges facing the industry, the conditions for the adoption of strategic decisions and possible answers - the key directions of state activities. The main principles and directions are analyzed: investment, foreign trade, technological policies, certain aspects of territorial planning, state corporate and social policies. Proposals on the prospective goal-setting and possible results of industrial policy have been formulated.


2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Prashant H. Bhagat

The BID (Board of Industrial Development) framed the legislation and it was introduced before the state legislation and passed in the form of Maharashtra Industrial Act which gave birth to Maharashtra Industrial Development Corporation (MIDC), as a separate corporation on August 1, 1962. The BID was the first personnel strength of MIDC. A small ceremony at Wagle Estate Thane, under the Chairmanship of the Chief Minister Shri Y.B. Chavan, marked the birth of MIDC on August 1, 1962. The Board of Industrial Development during its existence between October 1, 1960 and August 1, 1962 has done enough spade work to identify the locations for setting up industrial areas in different parts of the state. Thus, right in the first year of establishment MIDC came up with 14 industrial areas, to initiate action for infrastructure and help entrepreneurs set up the industrial units in those areas. Maharashtra Industrial Development Corporation is the nodal industrial infrastructure development agency of the Maharashtra Government with the basic objective of setting up industrial areas with a provision of industrial infrastructure all over the state for planned and systematic industrial development. MIDC is an innovative, professionally managed, and user friendly organization that provides the world industrial infrastructure. MIDC has played a vital role in the development of industrial infrastructure in the state of Maharashtra. As the state steps into the next millennium, MIDC lives up to its motto Udyamat Sakal Samruddhi i.e., prosperity to all through industrialization. Indeed, in the endeavor of the state to retain its prime position in the industrial sector, MIDC has played a pivotal role in the last 35 years. MIDC has developed 268 industrial estates across the state which spread over 52653 hectares of land. The growth of the Corporation, achieved in the various fields, during the last three years, could be gauged from the fact that the area currently in possession of MIDC has doubled from 25,000 hectares in 1995.


Author(s):  
Sumit K. Majumdar

The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities. Capitalism necessitates socially organizing production. Assessing organizational and administrative contingencies is important for understanding capitalism. Institutions are the bedrock of capitalism. The broad roles of Government, in designing laws and regulations, building infrastructure and acting as entrepreneur, are discussed. The implementation of national industrial strategies facilitates growth. The nature of industrial strategies is highlighted. Industrial policy activities, as defined by the three facets of institutions, innovation and involvement, are discussed. With respect to India’s industrial strategy, independent India’s founders’ visions of a modern industrial society, grounded in a need to involve Government in institution building, are introduced.


2021 ◽  
Vol 167 (1-2) ◽  
Author(s):  
Nathaniel Geiger ◽  
Anagha Gore ◽  
Claire V. Squire ◽  
Shahzeen Z. Attari

Author(s):  
Mauro Vallati ◽  
Lukáš Chrpa ◽  
Thomas L. Mccluskey

AbstractThe International Planning Competition (IPC) is a prominent event of the artificial intelligence planning community that has been organized since 1998; it aims at fostering the development and comparison of planning approaches, assessing the state-of-the-art in planning and identifying new challenging benchmarks. IPC has a strong impact also outside the planning community, by providing a large number of ready-to-use planning engines and testing pioneering applications of planning techniques.This paper focusses on the deterministic part of IPC 2014, and describes format, participants, benchmarks as well as a thorough analysis of the results. Generally, results of the competition indicates some significant progress, but they also highlight issues and challenges that the planning community will have to face in the future.


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