scholarly journals The Return of Industrial Policy and Revival of Pakistan’s Economy: Possibilities of Learning, Industrial and Technology Policies

2015 ◽  
Vol 20 (Sspecial Edition) ◽  
pp. 31-58 ◽  
Author(s):  
Akbar Noman
Keyword(s):  
Industrial Policy ◽  
New Technologies ◽  
East Asian ◽  
International Comparisons ◽  
Empirical Work ◽  
Industrial Policies ◽  
Developmental States ◽  
Important Target ◽  
The World ◽  
Technology Policies

After being among the earliest countries to embark on the East Asian path, Pakistan fell away but was still among the ten fastest growing economies of the world during 1960–90. However, the seeds for the subsequent economic and technological malaise were also sown in that period. This paper provides an overview of recent theoretical and empirical work on industrial policies – more accurately labeled learning, industrial and technology (LIT) policies – and examines their implications for Pakistan. These include a selective, more sharply focused approach than the comprehensive agendas of reforms that have become common. Substantial islands of success with industrial policies have emerged in a variety of institutional and governance settings, different from those of the original East Asian developmental states. They offer valuable lessons. Raising the abysmally low level of investment in Pakistan is a requirement as well as an outcome and an instrument of industrial policies. This argues for a revival of development finance to stimulate investment as well as to direct it towards selective targets. How to mitigate the risks of this and other instruments of industrial policy to get the risk–reward ratio right is another concern of the paper. An important target of such policies should be the technological upgrading of existing industries. There is enormous scope for doing so, with international comparisons suggesting that Pakistani manufacturing does poorly – both in terms of variance in productivity between firms within an industry as well as in introducing new technologies and products. Whilst the constraints of the politics–governance–security/terrorism nexus are beyond the scope of the paper, their salience cannot be underestimated.

scholarly journals The New Empirics of Industrial Policy

2021 ◽  
Author(s):  
Nathaniel Lane
Keyword(s):  
Research Design ◽  
Industrial Policy ◽  
Policy Evaluation ◽  
Empirical Work ◽  
Empirical Literature ◽  
Industrial Policies ◽  
The World ◽  
The Impact

Nations have and will continue to shape their economies through industrial policy. Nevertheless, the empirical literature on these interventions is thin, dwarfed by the attention industrial policies receive from policymakers across the world. In this paper, I discuss the difficulties of empirically studying industrial policy and review how new econometric work is confronting these issues. Through careful research design and attention to institutional detail, I argue that emergent studies are rapidly expanding what we know—and updating what we thought we knew—about these policies. As well, I argue tools from policy evaluation allow us to study the impact of endogenous industrial interventions. This review is a proposal to take industrial policy, along with their complexities, more seriously as objects of inquiry. Doing so requires not only more serious evaluations of past policy but also a reevaluation of past empirical work and consensus.

scholarly journals Foundations of industrial policy in the countries with different levels of development: lessons for Ukraine

2019 ◽  
pp. 99-110
Author(s):  
Liudmyla Deineko ◽  
Olena Tsyplitska
Keyword(s):  
Economic Development ◽  
Policy Implementation ◽  
Industrial Policy ◽  
Low Income ◽  
Industrial Development ◽  
Innovation Activity ◽  
Industrial Policies ◽  
The World ◽  
Starting Conditions ◽  
Different Levels

Relevance of the research topic is due to the need of developed and developing states of the world in renaissance and improvement of industrial policy as a key instrument of economic development strategy in a globalizing world. Formulation of the problem. The efficiency of industrial policy in countries with different level of development depends on the fact how principles the policy is based on take into consideration the starting national conditions and requirements and trends of global market. For the countries with the same levels of income it is possible to determine the common directions of industrial development strategies and efficient tools of industrial policy. Under similar starting conditions differences in approaches to industrial policy may also determine the differences in results of its implementation; under different starting conditions they can entail the smoothing out of economic performance and a rapid convergence of economies.Analysis of recent research and publications. Some issues on industrial policy implementation in the countries of the world were investigated by both domestic and foreign scholars: A. I. Amosha, A. Andreoni, K. Warwick, V. P. Vyshnevsky, V. M. Heyets, G. Cresti, J. Lin., V. I. Liashenko, A. Noman, I. Nubler, K. Ohno, H. alazar-Xirinachs, E. Starikov, J. Stiglitz, V. Treichel, K. Shwab. Selection of unexplored parts of the general problem. In spite of the multiple attempts to generalize the approaches and instruments of industrial policy for groups of countries the search of optimal design of industrial policy is still going on, what makes the adoption of important industrial development regulations complicated and is the reason of bitter discussions between the branches of authorities in the course of formation of Strategy of Ukrainian industrial complex development, legislative regulation of «industrial visa-free» and export duties on some types of feedstock. Setting the task, the purpose of the study. The purpose of the study is generalization of the experience of industrial policies in countries with different levels of economic development and justification of the need to use it in setting the basic principles of domestic industrial policies. Method or methodology for conducting research. In the research we used general and specific scientific methods of analysis, synthesis, induction and deduction, historical, comparison, dialectical method of knowledge; also methods of statistical analysis, monographic research for countries’ experience, expert assessment method for elaboration the recommendations on industrial policy implementation in transformation economies. Presentation of the main material (results of work). The industrial policy of three groups of countries – with high, middle and low income – are studied due to their historical development. Socioeconomic and institutional conditions of countries, where the implementation of a certain type of industrial policy had positive or negative results, were determined. The analysis of the Ukrainian industrial performance and industrial policy showed that the policy should be revised according to the relevance of instruments and measures to the challenges of internal and global environment. The priority directions of industrial development are determined and the key principles of industrial policy in Ukraine are justified based on foreign experience. The field of application of results. The results of this research can be applied in the process of industrial regulatory framework formation, in the Concept of state industrial policy and the Strategy of industrial development elaboration by central executive authorities, and in the preparation of relevant sections of programs of regions’ socioeconomic and cultural development. Conclusions according to the article. In the study it is determined that these are the protectionism measures and innovation activity stimulation which are the base of the modern industrial policies in the countries with a high level of development; the middle-income countries should prioritize innovation and technology policies; the low-income states including Ukraine should focus on industrial modernization, import substitution, and the integration into global value chains in order to accelerate their socioeconomic development and strengthen the competitiveness over the world markets.

Green Industrial Policy After Paris: Renewable Energy Policy Measures and Climate Goals

2021 ◽  
pp. 1-22
Author(s):  
Joanna I. Lewis
Keyword(s):  
Renewable Energy ◽  
Industrial Policy ◽  
Mitigation Strategies ◽  
Policy Support ◽  
Climate Mitigation ◽  
Industrial Policies ◽  
Wide Range ◽  
The World ◽  
Green Industrial Policy ◽  
Policy Types

Abstract Renewable energy (RE) will play a significant role in national climate mitigation strategies, including those put forth in the context of the Paris Agreement. This article examines the role of industrial policy in supporting renewables and how it compares to the use of other types of RE policies in both location and quantity around the world. On the basis of an original database of RE policy support measures developed for this analysis, the article illustrates which measures are most commonly being used around the world and what types of countries are using them. It highlights the use of a wide range of policy types, including many industrial policies, and a disparity in the use of industrial policies between smaller emitters and larger emitters, with important implications for which countries stand to benefit from the development of domestic RE industries and for our ability to achieve long-term climate goals.

scholarly journals Foreign direct investment in developing economies

2019 ◽  
Vol 55 (1) ◽  
pp. 40-54
Author(s):  
Nádia Campos Pereira Bruhn ◽  
Cristina Lelis Leal Calegario ◽  
Douglas Mendonça
Keyword(s):  
Industrial Policy ◽  
Latin American ◽  
Spillover Effects ◽  
Factor Productivity ◽  
Efficiency Change ◽  
Content Type ◽  
Industrial Policies ◽  
Technological Efficiency ◽  
The World ◽  
Practical Implications

Purpose The aim of this study was to investigate how the productivity spillover effects of foreign direct investment (FDI) in the Latin American economies are manifested. Specifically, the paper sought to identify the role of foreign presence and government intervention through an industrial policy on total factor productivity in Latin American countries. Design/methodology/approach The analyses in this study were performed in two stages. The first step consisted of decomposing the total factor productivity growth, in technical efficiency change (EC) and technological efficiency change (TC), using the Malmquist Productivity Index (MPI). In the second stage of this research, the specific EC and TC indexes of each country – obtained with the MPI – are used alternately as a dependent variable in a regression analysis with dynamic panel data. The variables were collected from the World Development Indicators database, available in the World Bank database, and cover the period from 1994 to 2014. Findings FDI has contributed to not only the catch-up effect – i.e. to continuous improvements in production processes and products using the same technology – but also in terms of productivity, due to technological innovations and the frontier-shift effect. Industrial policies, such as the FDI attraction, when established in isolation, are not able to contribute to the generation of productivity spillovers, measured in terms of technical and technological efficiency. Research limitations/implications The limitation of the present study lies precisely in the nature of data aggregation that actually limits a more in-depth analysis of the object of study. The available data set for the analysis in this study does not provide a detailed examination of the domestic corporations’ characteristics, the sectors and motivations of multinational corporations of each one of the analyzed economies. Practical implications The outcomes of this research present several practical implications, as its development is based on the recognition that productivity is essential for the development of a country. It remains the Achilles' heel of the Latin American economies, and therefore, it is necessary and essential to move toward a change in its development model and, more specifically, in its industrial policies, with a focus on investment and innovation to achieve the new sustainable development objectives. Among the main challenges presented to governments in the region is the emergence of policies aimed at establishing a sustainable development path through industrial policies capable of accelerating productivity growth. Social implications The evidence presented in this study highlights the importance of better understanding the real effects of state intervention through the use of industrial policy instruments and how they affect foreigners’ investment decisions, as the lack of clear industrial policy orientation that is systematically integrated with MNEs’ operations may result in economic development opportunities below the ideal. Originality/value The research results corroborate the foundations of spillover effects theory and with the recognition that the intensity of the effect of the foreign participation on the performance of economies will depend on the absorption capacity of host economies.

Auto Markets in the World and Strategy of Japan’s Companies

2019 ◽  
Vol 10 (10) ◽  
pp. 1003-1008
Author(s):  
Hiroyuki Matsuoka ◽  
Keyword(s):  
Saudi Arabia ◽  
Electric Vehicle ◽  
New Technologies ◽  
Auto Industry ◽  
Domestic Market ◽  
Automatic Driving ◽  
The World ◽  
Almost All ◽  
Made In

In the world auto market, top three companies are VW(Volkswagen), Runault-Nissan-Mistubishi, and Toyota. About some selected countries and areas, China, England, Italy, Australia, Germany, Turkey, Russia, Sweden, USA, Brazil, UAE, Japan, Vietnam and Thailand are more competitive. However, the situation is different. Seeing monopolistic market countries and areas, Saudi Arabia, Taiwan, Korea, Malaysia, France, India, and Pakistan, in particular, the influence of Japan to Taiwan, India, and Pakistan is very big. But in Korea and France, their own companies’ brands occupy the market. In Japan domestic market, the overall situation is competitive. Almost all vehicles made in Japan are Japanese brand. From now on, we have to note the development of electric vehicle (EV) and other new technologies such as automatic driving and connected car. That is because they will give a great impact on the auto industry and market of Japan. Now Japan’s auto industry is going to be consolidated into three groups, Honda, Toyota group, and Renault-Nissan-Mitsubishi group for seeking the scale merit of economy. Therefore, I will pay attention to the worldwide development of EV and other new technologies and the reorganization of auto companies groups.

Editorial

2017 ◽  
pp. 2-3
Author(s):  
Peter Hoar
Keyword(s):  
New Zealand ◽  
New Technologies ◽  
Editorial Team ◽  
Local Market ◽  
Design History ◽  
Recorded Sound ◽  
The Arts ◽  
The World ◽  
1960S And 1970S ◽  
New Zealanders

Kia ora and welcome to the second issue of BackStory. The members of the Backstory Editorial Team were gratified by the encouraging response to the first issue of the journal. We hope that our currentreaders enjoy our new issue and that it will bring others to share our interest in and enjoyment of the surprisingly varied backstories of New Zealand’s art, media, and design history. This issue takes in a wide variety of topics. Imogen Van Pierce explores the controversy around the Hundertwasser Art Centre and Wairau Māori Art Gallery to be developed in Whangarei. This project has generated debate about the role of the arts and civic architecture at both the local and national levels. This is about how much New Zealanders are prepared to invest in the arts. The value of the artist in New Zealand is also examined by Mark Stocker in his article about the sculptor Margaret Butler and the local reception of her work during the late 1930s. The cultural cringe has a long genealogy. New Zealand has been photographed since the 1840s. Alan Cocker analyses the many roles that photography played in the development of local tourism during the nineteenth century. These images challenged notions of the ‘real’ and the ‘artificial’ and how new technologies mediated the world of lived experience. Recorded sound was another such technology that changed how humans experienced the world. The rise of recorded sound from the 1890s affected lives in many ways and Lewis Tennant’s contribution captures a significant tipping point in this medium’s history in New Zealand as the transition from analogue to digital sound transformed social, commercial and acoustic worlds. The New Zealand Woman’s Weekly celebrates its 85th anniversary this year but when it was launched in 1932 it seemed tohave very little chance of success. Its rival, the Mirror, had dominated the local market since its launch in 1922. Gavin Ellis investigates the Depression-era context of the Woman’s Weekly and how its founders identified a gap in the market that the Mirror was failing to fill. The work of the photographer Marti Friedlander (1908-2016) is familiar to most New Zealanders. Friedlander’s 50 year career and huge range of subjects defy easy summary. She captured New Zealanders, their lives, and their surroundings across all social and cultural borders. In the journal’s profile commentary Linda Yang celebrates Freidlander’s remarkable life and work. Linda also discusses some recent images by Friedlander and connects these with themes present in the photographer’s work from the 1960s and 1970s. The Backstory editors hope that our readers enjoy this stimulating and varied collection of work that illuminate some not so well known aspects of New Zealand’s art, media, and design history. There are many such stories yet to be told and we look forward to bringing them to you.

BREAST CANCER SCREENING: CURRENT ACHIEVEMENTS, FUTURE PERSPECTIVES AND NEW TECHNOLOGIES

2019 ◽  
Vol 65 (5) ◽  
pp. 664-671
Author(s):  
Ilya Pyatnitskiy ◽  
O. Puchkova ◽  
Viktor Gombolevskiy ◽  
Lyudmila Nizovtsova ◽  
Natalya Vetsheva ◽  
...  
Keyword(s):  
Breast Cancer ◽  
Cancer Screening ◽  
Breast Cancer Screening ◽  
New Technologies ◽  
Screening Program ◽  
Cochrane Library ◽  
Future Perspectives ◽  
Pubmed Database ◽  
The World ◽  
The Cochrane Library

The article presents a literature review of the PubMed database and the Cochrane library, aimed at analyzing the current situation and problems in the field of breast cancer screening in the world and Russia to form an idea of the key elements in organizing an effective screening program in the Russian healthcare system, as well as the possibilities of using new technologies when organizing such programs.

The Dilemma between Aligned Expectations and Diversity in Innovation

2018 ◽  
Author(s):  
Timur Ergen
Keyword(s):  
New Technologies ◽  
Historical Case ◽  
History Of Capitalism ◽  
Synthetic Fuel ◽  
The Us ◽  
History Of ◽  
The One ◽  
Technology Policies ◽  
Lock In ◽  
Innovation Processes

This chapter brings together arguments from economics, sociology, and political economy to show that innovation processes are characterized by a dilemma between the advantages of aligned expectations—including greater coordination and investment—and those of diversity, including superior openness to new technological possibilities. To illustrate the argument, the chapter discusses a historical case involving one of the largest coordinated peace-time attempts to hasten technological innovation in the history of capitalism, namely the US energy technology policies of the 1970s and 1980s. Close examination of the commercialization of photovoltaics and synthetic fuel initiatives illustrates both sides of the dilemma between shared versus diverse expectations in innovation: coordination but possible premature lock-in on the one hand, and openness but possible stagnation on the other. The chapter shows that even the exploration and interpretation of new technologies may be as much a product of focused investment as of trial-and-error search.

East Asian Exceptionalism to Western Populism and Migration Crisis

2018 ◽  
pp. 196-210
Author(s):  
John Lie
Keyword(s):  
World War Ii ◽  
East Asia ◽  
East Asian ◽  
Northeast Asia ◽  
Historical Account ◽  
World War ◽  
Post World War Ii ◽  
The World ◽  
Migration Crisis ◽  
And Migration

In the 2010s, the world is seemingly awash with waves of populism and anti-immigration movements. Yet virtually all discussions, owing to the prevailing Eurocentric perspective, bypass East Asia (more accurately, Northeast Asia) and the absence of strong populist or anti-immigration discourses or politics. This chapter presents a comparative and historical account of East Asian exceptionalism in the matter of migration crisis, especially given the West’s embrace of an insider-outsider dichotomy superseding the class- and nation-based divisions of the post–World War II era. The chapter also discusses some nascent articulations of Western-style populist discourses in Northeast Asia, and concludes with the potential for migration crisis in the region.

scholarly journals Laws and Emerging Technologies

Laws ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 46
Author(s):  
Esther Salmerón-Manzano
Keyword(s):  
Information Technologies ◽  
New Technologies ◽  
Legal Issues ◽  
The Other ◽  
Special Issue ◽  
Legal Challenges ◽  
The World ◽  
Huge Impact ◽  
New Challenges ◽  
The Way

New technologies and so-called communication and information technologies are transforming our society, the way in which we relate to each other, and the way we understand the world. By a wider extension, they are also influencing the world of law. That is why technologies will have a huge impact on society in the coming years and will bring new challenges and legal challenges to the legal sector worldwide. On the other hand, the new communications era also brings many new legal issues such as those derived from e-commerce and payment services, intellectual property, or the problems derived from the use of new technologies by young people. This will undoubtedly affect the development, evolution, and understanding of law. This Special Issue has become this window into the new challenges of law in relation to new technologies.

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