Transforming Industrial Policy for the Digital Age: Production, Territories and Structural Change, PATRIZIO BIANCHI, CLEMENTE RUIZ DURÁN AND SANDRINE LABORY (eds) (2019)

2020 ◽  
Vol 11 (3) ◽  
pp. 368-370
Author(s):  
Kirsten Stevens
Keyword(s):  
Structural Change ◽  
Industrial Policy ◽  
Digital Age ◽  
Edward Elgar

Review of: Transforming Industrial Policy for the Digital Age: Production, Territories and Structural Change, PATRIZIO BIANCHI, CLEMENTE RUIZ DURÁN AND SANDRINE LABORY (eds) (2019)Cheltenham: Edward Elgar Publishing, 256 pp.,ISBN 978-1-78897-614-5, h/bk, £90.00

Industrial Structural Change, Growth Patterns, and Industrial Policy

2013 ◽  
pp. 457-491 ◽  
Author(s):  
Ludovico Alcorta ◽  
Nobuya Haraguchi ◽  
Gorazd Rezonja
Keyword(s):  
Structural Change ◽  
Industrial Policy ◽  
Growth Patterns

Macro-Policy, Labour Markets, and Industrial Policy

2020 ◽  
pp. 450-484
Author(s):  
Servaas Storm
Keyword(s):  
Structural Change ◽  
Industrial Policy ◽  
Open Economy ◽  
Aggregate Demand ◽  
Point Of View ◽  
Policy Support ◽  
Industrial Diversification ◽  
Long Run ◽  
Industrialization Process ◽  
Labour Regulation

Debates on industrialization and industrial policy have historically had a supply-side bias: development planners focused on strengthening inter-industry linkages, mobilizing savings to finance investment, and the accumulation of technological knowledge. Aggregate demand was expected to accommodate and even facilitate the structural change brought about by the industrialization process. However, botched industrialization experiences in South East Asia, Latin America, and Africa demonstrate that failures to manage demand in ways supportive of industrial policy can slow or even derail industrialization. We use an open-economy growth model of a late industrializing economy, featuring cumulative causation and a (long-run) balance-of-payments constraint, to investigate conflicts and complementarities between macroeconomic and industrial policies. We identify key macro mechanisms that undermine industrialization processes—and highlight macro policies in support of industrial diversification, structural change, and upgrading. We close by arguing that from a macro point of view, the widely held claim that labour laws are a ‘luxury’ developing countries cannot afford, is wrong. Labour regulation and higher real wage growth, when given adequate macroeconomic policy support, can be made to further industrialization.

Technical Change, the Shifting ‘Terrain of the Industrial’, and Digital Industrial Policy

2020 ◽  
pp. 368-393
Author(s):  
Antonio Andreoni
Keyword(s):  
Developing Countries ◽  
Structural Change ◽  
Industrial Policy ◽  
Technical Change ◽  
Digital Technologies ◽  
Value Chains ◽  
Industrial Ecosystem ◽  
Technology Platforms ◽  
Key Enabling Technologies

Technical change is a major driver of structural transformation and industrial mutations within and across sectors of the economy. We show how, by deploying different concepts of sector—commodity/product, production/technology, or location-based taxonomies—we can better capture the heterogeneity of production activities, shifting sectoral boundaries, industrial mutations, sources of technical change, and non-linear patterns of structural change. These are important dimensions for industrial policy targeting. We analyse these technological dynamics with an industrial ecosystem framework structured around several sectoral value chains underpinned by different technology platforms. Within this framework, we highlight the role of digital technologies alongside other key enabling technologies and discuss technological change trajectories and cross-sectoral diversification patterns. Against this background, we discuss the specific challenges of deploying digital technologies effectively faced by developing countries. To address these challenges and capture windows of digital opportunity, industrial policy must be articulated along both sectoral and cross-sectoral mission-oriented strategies.

Sign in / Sign up

Export Citation Format

Share Document