Efficiency, Finance, and Varieties of Industrial Policy: Guiding Resources, Learning, and Technology for Sustained Growth Contributor(s): Noman, Akbar (Editor), Stiglitz, Joseph E. (Editor) |
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ISBN: 0231180500 ISBN-13: 9780231180504 Publisher: Columbia University Press OUR PRICE: $79.20 Product Type: Hardcover - Other Formats Published: November 2016 |
Additional Information |
BISAC Categories: - Political Science | Public Policy - Economic Policy - Business & Economics | Development - Economic Development - Political Science | Political Economy |
Dewey: 338.927 |
LCCN: 2016033888 |
Series: Initiative for Policy Dialogue at Columbia: Challenges in De |
Physical Information: 1.3" H x 6.2" W x 9" (1.80 lbs) 528 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources. |
Contributor Bio(s): Stiglitz, Joseph E.: - Joseph E. Stiglitz is University Professor at Columbia University and a member and former chair of Columbia University's Committee on Global Thought. He was the winner of the 2001 Nobel Prize for Economics. He served on President Clinton's Council of Economic Advisors, and then joined the World Bank as chief economist and senior vice president. His most recent book is The Price of Inequality: How Today's Divided Society Endangers Our Future. |