Government policy to influence which industries expand and, perhaps implicitly, which contract, via subsidies, tax breaks, and other aids for favored industries. The purpose, aside from political favor, may be to foster competitive advantage where there are beneficial externalities and/or scale economies.
Related information about industrial policy:
- Industrial policy - Wikipedia, the free encyclopedia
The Industrial Policy plan of a country, sometimes shortened IP, is its official strategic effort to encourage the development and growth of the manufacturing ...
- Industrial policy - Industrial competitiveness - Enterprise and Industry
European Commission - Enterprise and Industry - This page provides information on industrial policy in the European Union.
- Industrial Policy, by Richard B. McKenzie: The Concise ...
National industrial policy is a rubric for a broad range of proposed economic reforms that emerged as a unified political program in the early eighties. Had they ...
- The Return of Industrial Policy by Dani Rodrik - Project Syndicate
Apr 12, 2010 ... Industrial policy is back, openly embraced by governments in countries like Britain and France, and by prestigious organizations like the Word ...
- Wonkbook: Is industrial policy back? - The Washington Post
Apr 9, 2012 ... WONKBOOK | There is a building argument that the market is failing to appropriately price the benefits of manufacturing firms.
- The global revival of industrial policy: Picking winners, saving losers ...
Aug 5, 2010 ... AS THE financial crisis hit in late 2008, Meccano, a French maker of construction toys, watched its pre-Christmas sales slip. Its banks got jittery ...
- 'No industrial policy please, we're British' is out of date - The Guardian
Sep 12, 2012 ... Ha-Joon Chang: This view of Britishness is superficial and myopic – as Cable and others recognise, and success at the Olympics proves.
- Industrial policy - Encyclopedia - The Free Dictionary
industrial policy, government-sponsored economic program in which the public and private sectors coordinate their efforts to develop new technologies and ...