Industrial Policy Beyond the Crisis: Regional, National and International Perspectives

by Bailey; David

• ISBN13: 9780415685061
• ISBN10: 0415685060
• Edition: 1st
• Format: Hardcover
• Copyright: 2011-12-15
• Publisher: Routledge

Summary

After years of official disrepute, industrial policy (IP) is back in vogue at regional, national and international levels driven by concerns over competitiveness, globalisation, de-industrialisation, unemployment and the comparatively slow growth of the EU economy especially in this post-recession phase. At the same time, IP has been seen as a catalyst for designing economic recovery strategies at regional, national and international levels, as well as being a concerted strategy to develop new clean-tech " industries to tackle environmental challenges. If anything, the recent global recession and credit crunch have highlighted the fragility of some states " and localities " economic development paths and the unbalanced nature of their economies, in terms of an over-reliance on sectors such as retail, financial services, and construction, to the detriment of manufacturing. This also suggests an accompanying need for greater economic diversity so as to avoid over-dependencies on certain sectors, and a better balance of ownerships forms. But what should be the shape of IP in the wake of the crisis and how can IP rebalance economies, help support sustainable development and catalyse new technologies and innovations whilst learning lessons from past experience and debate? This edited volume examines these questions through a wide range of diverse contributions from expert international authors. This book was originally published as a special issue of Policy Studies.

Author Biography

David Bailey is Professor of International Business and Economic Development at Coventry University Business School, UK, and Chan- of the Regional Studies Association. He has published extensively on industrial policy, economic restructuring and policy responses, globalisation, policy towards transnationals and FDI, and EU Regional Policy. Helena Lenihan is the Assistant Dean of Research and Senior Lecturer in Economics at the Kemmy Business School, University of Limerick, Ireland. She has published extensively on industrial, enterprise and innovation policy evaluation, industrial and enterprise policy development, innovation policy, and the role of SMEs/entrepreneurship in economic development and firm growth. Josep-Maria Arauzo-Carod is Associate Professor in Economics at Universitat Rovira I Virgili, Spain. He has published extensively on industrial location, firm demography and urban and regional economics.

Table of Contents

Notes on Contributors	p. xi
Industrial policy after the crisis	p. 1
Promoting corporate diversity in the financial services sector	p. 1
Responding to the crisis: are policies aimed at a strong indigenous industrial base a necessary condition for sustainable economic growth?	p. 23
Rebuilding the city: a focus for European industrial policy?	p. 45
A policy agenda for EU smart growth: the role of creative and cultural industries	p. 63
'May the ovens never grow cold': regional resilience and industrial policy in the North Staffordshire ceramics industrial district - with lessons from Sassoulo and Castellon	p. 75
SMEs' responses to the financial and economic crisis and policy implications: an analysis of agricultural and furniture sectors in Catalonia, Spain	p. 95
Shaping regional policy responses: the design of innovation poles	p. 111
Industrial policy after the crisis: the case of the Emilia-Romagna region in Italy	p. 127
Comparative advantage, industrial policy and the World Bank: back to first principles	p. 145
On the political economy of the state, the public-private nexus and industrial policy	p. 159
Index	p. 177
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