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Industrial Policy in Europe, Japan and the USA by Pierre-Andre Buigues,Khalid Sekkat
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Industrial Policy in Europe, Japan and the USA [Hardback]

Amounts, Mechanisms and Effectiveness

by Pierre-Andre Buigues and Khalid Sekkat
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Description of Industrial Policy in Europe, Japan and the USA

As the current financial crisis threatens the global economy, heralding global slowdown of the stock markets, pessimistic growth prospects and trembling consumer confidence, this book examines whether public support to business can be beneficial. It draws on recent developments in the theoretical and empirical literature and on the experience of 5 industrialized countries Germany, the UK, France, the USA and Japan. Over the past half century the mainstream view of industrial policy has varied markedly. From the early 1950s to the early 1970s industrial policy was seen as panacea to growth and development problems. Pursuing industrial policy became almost taboo in the early 1980s. Current views are breaking away from past trends, with the development and testing of new economic theories, attitudes towards industrial policy are now less clear-cut. In light of the current financial crisis, this volume presents economic theory and critical views on the implementation of public support policies, and offers a structured, up-to-date analysis relating theory, practices and effectiveness of industrial policy.
It is an indispensable read for students, academics, policy-makers, as it promises to provide an enhanced understanding of successful and unsuccessful, industrial policies.

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Title Information

ISBN:
9780230579880
Pages:
256 pages
Format:
Hardback
Product Code:
405243
Publisher:
Palgrave MacMillan
Published:
21/08/2009

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About Pierre-Andre Buigues and Khalid Sekkat

PIERRE-ANDRE BUIGUES holds a PhD in Sciences and in Economics. He is professor at Toulouse Business School, France, and was former advisor to the Chief Economist on Competition at the European Commission. He advised on numerous mergers and wrote several papers on industrial organization. KHALID SEKKAT holds a PhD in Economics. He is Full Professor of Economics at the University of Brussels, Belgium, and member of the Royal Academy of Sciences and Technologies (Kingdom of Morocco). He published numerous articles and books and was economic adviser at the European Commission.

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