Industrial Policy

Governments can support specific industries or economic activities through well-designed industrial policies, such as subsidies, tax incentives, infrastructure development, protective regulations, and R&D support. Steve Coulter's book examines the patterns of industrial policymaking across late capitalist societies and offers a comparative assessment of states' responses to economic challenges. It draws broad conclusions about the trajectories of industrial policy and highlights key technical and political drivers.

Format: Paperback / softback
Length: 160 pages
Publication date: 06 July 2023
Publisher: Agenda Publishing

Well-designed industrial policies play a crucial role in enhancing a nation's economic performance. Governments employ a diverse set of tools, including subsidies, tax incentives, infrastructure development, protective regulations, and research and development support, to foster specific industries or economic activities. In his insightful book, Steve Coulter delves into the patterns of industrial policymaking across late capitalist societies. Drawing on comprehensive case studies from various countries, each with distinct growth models, national capabilities, policy traditions, and political/welfare state regimes, Coulter offers a nuanced comparative analysis of states' responses to specific economic challenges. The book draws broad conclusions about the trajectories of industrial policy and highlights key technical and political factors that policymakers consider when deciding whether to adopt general or nationally-specific approaches. Additionally, the book explores fresh challenges and opportunities for industrial policy while questioning the sustainability of current policy practices. By examining these aspects, Coulter's book provides valuable insights into the complex dynamics of industrial policy and its impact on economic development.

Weight: 218g
Dimension: 148 x 210 x 16 (mm)
ISBN-13: 9781788213387