A Southern Europe strategy based on vision and industrial policy
AbstractThis paper argues that an industrial policy strategy is needed for the southern European countries for regaining competitiveness and stability. That strategie need to be different from the past industrial policy, more systemic, and should include innovation strategies and ways to upgrade education. They should embrace competition on national and international markets as driver of change. They should create and support clusters and industrial zones, which could then be the basis for technology transfers, foreign direct investment and for making use of globalisation. New industrial policies should emphasise on sectors where society has a long term interest, e.g. alternative energies or health tourism. In short, industrial policy is a necessary strategy element in times of budget consolidation especially for the southern European periphery.
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Bibliographic InfoArticle provided by Gobierno Vasco / Eusko Jaurlaritza / Basque Government in its journal EKONOMIAZ.
Volume (Year): 82 (2013)
Issue (Month): 01 ()
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Postal: Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain
Find related papers by JEL classification:
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- F6 - International Economics - - Economic Impacts of Globalization
- H6 - Public Economics - - National Budget, Deficit, and Debt
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- O25 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
- P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
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