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This book explores 19th-century railroad policies in the United States, France, and Britain to identify the roots of nations' modern industrial policy styles.
This book is a detailed and original look at the radical reorganisation of French heavy industry in the turbulent period between the establishment of the Vichy regime in 1940 and the creation of the European Coal and Steel Community (ECSC), the forerunner to the European Union, in 1952. By studying institutions ranging from Vichy’s Organisation Committees to Jean Monnet’s Commissariat Général du Plan (CGP), Luc-André Brunet challenges existing narratives and reveals significant continuities from Vichy to post-war initiatives such as the Monnet Plan and the ECSC. Based on extensive multi-archival research, this book sheds important new light on economic collaboration and resistance in Vichy, the post-war revival of the French economy, and the origins of European integration.
"In an era of rapid international economic integration, how do countries interact, innovate, and compete in industries, like energy, that are fundamental to national interests? Collaborative Advantage: Forging Green Industries in the New Global Economy examines the development of wind and solar industries, two sectors of historic importance that have long been the target of ambitious public policy. As wind and solar grew from cottage industries into $300 billion global sectors, China, Germany, and the United States each developed distinct constellations of firms with starkly different technical capabilities. The book shows that globalization itself has reinforced such distinct national patterns of industrial specialization. Economically, globalization has created opportunities for firms to specialize through collaboration with others. Politically, new possibilities for specialization have allowed firms to repurpose existing domestic institutions for application in new industries. Against the backdrop of policy efforts that have generally failed to grasp the cross-national nature of innovation, the book offers a novel explanation for both the causes of changes in the global organization of innovation and their impact on domestic politics. As interdependence in global supply chains has again come under fire in the wake of the Covid-19 pandemic, Collaborative Advantage challenges the notion that globalization is primarily about competition, highlighting instead the central role of collaboration in in the global economy, particularly in clean energy industries critical to solving the climate crisis"--
This book argues that digital globalization is inducing deep and productive transformations, making industrial policy necessary in order to reorientate development towards inclusive and more sustainable growth. The book also demonstrates that industrialization remains an important development process for emerging countries. Regarding the future of jobs, the authors show how the substitution of labour in automation is not inevitable since technology is also complementary to human capital. Policymakers should pay more attention to the new skills that will be required. A particular concern is is the rapid change in technology and business compared to institutions which take time to adapt. Territories have an important role to play in order to speed-up institutional adaptation, providing they can act coherently with the other levels of government.
The present study aims to contribute to an understanding of European industrial policy by introducing an historical perspective. National policy continuities and the considerable time over which industrial performance responds to changed environments emerge with greater clarity in the long run. The chapters in this book take a broad view of industrial policy, including those policies that establish the framework', such as competition law, as well as sector for firm specific policies.
Highlights the interactions between institutions and policy choices, as well as the importance of historical constraints on Britain's relative economic decline.
In contrast to what observers have frequently argued, this timely and thought provoking book suggests that the concept of industrial policy is not alien to the American past and present. The debate on this topic in the US has always been full of contradictory rhetoric and policy practices, and the expert authors therefore acknowledge a need to rethink the traditional antagonist positions. They illustrate that contemporary markets continue to demand to be fixed by government policies, and governments continue to show how fixing-the-market policies might fail. The conclusion is that the future of industrial policy is about how to make both markets and governments better in their functioning, but that the real goal for industrial policy is to make better-market and better-government policies consistent with the goal of building a better society. Affirming that it is time to break the taboo and discuss the nationÕs goals, targets, and tools to develop a new, effective American industrial policy, this pathbreaking book will prove a thought provoking and challenging read for students, academics and policymakers with an interest in political economy and industrial policy, public sector and international economics.
This book confronts some of the most important questions related to liberalization, regulation, and the role of the nation state in an increasingly international economy. In the face of powerful transitional pressures for change, to what extent are states able to maintain stable institutional frameworks? Do different domestic structures generate dissimilar patterns of policy-making and economic performance? How important are past institutional choices to subsequent reform? The author addresses these questions through a study of the transformations of a strategic economic sector, telecommunications, in Britain and France over the past three decades. It analyses the theoretical strengths and weaknesses of various models of public policy formation and, the role and reform of national institutions and the continuing role of the nation state.
This book offers a systematic discussion and explanation on what industrial security is, what the influencing factors of industrial security are, how industrial security should be evaluated and how early warnings should work from the viewpoint of developing countries. Studying theories of industrial security is necessary for the development of industrial economics theory, innovations in industrial economy studies, and an important supplement to and improvement on the theories of industrial economics. Also, studying industrial security theories can offer valuable guidance for the practice of industrial economics and national industrial policy making.
A new global history of Fordism from the Great Depression to the postwar era As the United States rose to ascendancy in the first decades of the twentieth century, observers abroad associated American economic power most directly with its burgeoning automobile industry. In the 1930s, in a bid to emulate and challenge America, engineers from across the world flocked to Detroit. Chief among them were Nazi and Soviet specialists who sought to study, copy, and sometimes steal the techniques of American automotive mass production, or Fordism. Forging Global Fordism traces how Germany and the Soviet Union embraced Fordism amid widespread economic crisis and ideological turmoil. This incisive book recovers the crucial role of activist states in global industrial transformations and reconceives the global thirties as an era of intense competitive development, providing a new genealogy of the postwar industrial order. Stefan Link uncovers the forgotten origins of Fordism in Midwestern populism, and shows how Henry Ford's antiliberal vision of society appealed to both the Soviet and Nazi regimes. He explores how they positioned themselves as America's antagonists in reaction to growing American hegemony and seismic shifts in the global economy during the interwar years, and shows how Detroit visitors like William Werner, Ferdinand Porsche, and Stepan Dybets helped spread versions of Fordism abroad and mobilize them in total war. Forging Global Fordism challenges the notion that global mass production was a product of post–World War II liberal internationalism, demonstrating how it first began in the global thirties, and how the spread of Fordism had a distinctly illiberal trajectory.