The Future of Industrial Policy: Conclusion

Author(s):  
Steven A. Shull
2021 ◽  
pp. 103530462110147
Author(s):  
Mark Dean ◽  
Al Rainnie ◽  
Jim Stanford ◽  
Dan Nahum

This article critically analyses the opportunities for Australia to revitalise its strategically important manufacturing sector in the wake of the COVID-19 pandemic. It considers Australia’s industry policy options on the basis of both advances in the theory of industrial policy and recent policy proposals in the Australian context. It draws on recent work from The Australia Institute’s Centre for Future Work examining the prospects for Australian manufacturing renewal in a post-COVID-19 economy, together with other recent work in political economy, economic geography and labour process theory critically evaluating the Fourth Industrial Revolution (i4.0) and its implications for the Australian economy. The aim of the article is to contribute to and further develop the debate about the future of government intervention in manufacturing and industry policy in Australia. Crucially, the argument links the future development of Australian manufacturing with a focus on renewable energy. JEL Codes: L50; L52; L78; O10; O13: O25; O44; P18; Q42


2019 ◽  
pp. 1-12
Author(s):  
Arkebe Oqubay ◽  
Kenichi Ohno

Why is catch-up rare? And why have some nations succeeded while others failed? What are the prospects for successful learning and catch-up in the twenty-first century? This chapter introduces the aims, themes, and analytical perspectives of How Nations Learn, outlining the focus of each chapter, and considering pathways to the future. The volume examines how nations learn by reviewing key structural and contingent factors that contribute to dynamic learning and catch-up. It uses historical as well as firm-, industry-, and country-level evidence and experiences to identify sources and drivers of successful learning and catch-up and the lessons for late-latecomer countries. It aims to generate interest and debate among policymakers, practitioners, and researchers on the complexity of learning and catch-up, not only for late late developers but also for middle-income countries in the early stages of industrialization.


2021 ◽  
pp. 1-13
Author(s):  
Philip McCann ◽  
Raquel Ortega-Argilés ◽  
Deniz Sevinc ◽  
Magda Cepeda-Zorrilla

2016 ◽  
Vol 43 (4) ◽  
pp. 491-502 ◽  
Author(s):  
Antonio Andreoni ◽  
Ha-Joon Chang
Keyword(s):  

1981 ◽  
Vol 1 (3) ◽  
pp. 333-351 ◽  
Author(s):  
Diana Green

ABSTRACTThis article analyses and contrasts recent attempts by the governments of Britain and France to devise an industrial strategy for the next two decades, prompted by, and in a bid to come to grips with, the uncertain international economic environment. It is in three main parts. The first part comprises a brief resumé of the main features of industrial policy in the two countries over the last two decades. The next section examines the main features of the new industrial strategies being put together in each country, based on the so-called ‘industries of the future’, supplementing (rather than replacing) other forms of selective intervention. The third part discusses the problems involved in attempting to devise and launch strategies based on picking industrial ‘winners’. It suggests that if, as French experience seems to show, technocratic dictatorship is the price of success, this is a price which most industrial democracies would be unwilling to pay.


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