Work

New Challenges for Industrial Policy

Year: 2010

Type: preprint

Abstract: This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include (i) the increasing globalization of the world economy, most pertinently the rise of global production sharing, (ii) the recent crises in food, fuel and financial markets, (iii) climate change, (iv) the rise of China and India, and (v) the rise of the 'entrepreneurial economy'. Directions for further research are outlined. This paper is a follow-up to the earlier WIDER Working Paper entitled 'Industrial Policy: Old and New Issues'.

Source: RePEc: Research Papers in Economics

Author: Wim Naudé

Language: English

Topic: Asian Industrial and Economic Development

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: green

Funders: Styrelsen för Internationellt Utvecklingssamarbete, Department for International Development, Maastricht Economic and Social Research Institute on Innovation and Technology, United Nations University, United Nations University World Institute for Development Economics Research

OpenAlex ID: W1519542845

Cites: 86

Cited by: 21

Related to: 10