Industrial Policy
Industrial Policy
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Industrial Policy and International Trade Economy
In relation to international trade economy, Christopher Mark (1993) provided the following definition of Industrial Policy: A program of selective government interventions designed to change the sectoral composition of a country's economy by influencing the development of particular industries or sectors. Targeted sectors or industries may be aided through some combination of government loans and equity participation; tax incentives to promote investment; trade protection and export subsidies; preferential government procurement practices; or relief from regulatory constraints such as antitrust and environmental laws. Advocates claim that industrial policy can "shape comparative advantage" --recognizing that, even if all countries may gain through international trade, a country will gain most if it specializes in high-value-added, high-growth sectors. Critics claim that governments cannot do a better job than market forces in "picking winners," and that misguided attempts to do so --as occurred in the foI1I1er East Bloc countries --could make matters worse.
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Including similar content viewed by others, in case you missed it:
Government
Government Contract
Local Government
Public Administration
Administrative Law
Public Law
Hierarchical Display of Industrial policy
Industry > Industrial structures and policy
Economics > Economic policy > Economic policy
Production, Technology And Research > Research and intellectual property > Research policy
International Relations > Cooperation policy > Cooperation policy > Regional cooperation
Production, Technology And Research > Research and intellectual property > Intellectual property > Industrial property
International Relations > Cooperation policy > Cooperation policy > Industrial cooperation
Finance > Financing and investment > Investment > Investment policy
Economics > Economic policy > Economic support > Aid to undertakings
Economics > Economic structure > Economy > Industrial economy
Economics > Economic policy > Economic policy > Structural policy
Business And Competition > Business organisation > Business policy
Finance > Taxation > Fiscal policy > Tax incentive
Economics > Economic policy > Economic policy > Circular economy
Industrial policy
Concept of Industrial policy
See the dictionary definition of Industrial policy.
Characteristics of Industrial policy
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Translation of Industrial policy
Spanish: Política industrial
French: Politique industrielle
German: Industriepolitik
Italian: Politica industriale
Portuguese: Política industrial
Polish: Polityka przemysłowa
Thesaurus of Industrial policy
Industry > Industrial structures and policy > Industrial policy
Economics > Economic policy > Economic policy > Industrial policy
Production, Technology And Research > Research and intellectual property > Research policy > Industrial policy
International Relations > Cooperation policy > Cooperation policy > Regional cooperation > Industrial policy
Production, Technology And Research > Research and intellectual property > Intellectual property > Industrial property > Industrial policy
International Relations > Cooperation policy > Cooperation policy > Industrial cooperation > Industrial policy
Finance > Financing and investment > Investment > Investment policy > Industrial policy
Economics > Economic policy > Economic support > Aid to undertakings > Industrial policy
Economics > Economic structure > Economy > Industrial economy > Industrial policy
Economics > Economic policy > Economic policy > Structural policy > Industrial policy
Business And Competition > Business organisation > Business policy > Industrial policy
Finance > Taxation > Fiscal policy > Tax incentive > Industrial policy
Economics > Economic policy > Economic policy > Circular economy > Industrial policy
See Also
Including similar content viewed by others, in case you missed it: