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008 | 230317b |||||||| |||| 00| 0 eng d | ||
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_aChang, Ha-Joon _955203 |
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245 | _aIndustrial Policy in the 21st Century / | ||
260 |
_bWiley, _c2020. |
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300 | _aVol 51, issue 2, 2020 : (324-351 p.). | ||
520 | _aIndustrial policy is back at the centre stage of policy debate, while the world is undergoing dramatic transformations. This article contributes to the debate by developing a new theory of industrial policy, incorporating some issues that have been neglected so far and taking into account the recent changes in economic reality. The authors explore how the incorporation of some of the neglected issues — commitments under uncertainty, learning in production, macroeconomic management (especially demand management), and conflict management — changes the theory. They then examine how the theory of industrial policy should be modified in light of recent changes in economic reality: the rise of the global value chain, financialization and new imperialism. This contribution aims at promoting a pragmatic approach to industrial policy and pointing to new areas for policy intervention in a changing world. | ||
700 |
_aAndreoni, Antonio _955204 |
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773 | 0 |
_08737 _916865 _dWest Sussex John Wiley & Sons Ltd. 1970 _tDevelopment and change _x0012-155X |
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856 | _u https://doi.org/10.1111/dech.12570 | ||
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_2ddc _cART |
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_c13579 _d13579 |