Building a Balanced Industrial Policy: Issues of Structuring Goals, Tasks and Tools
AbstractIndustrial policy, defined as state activity aimed at achieving structural changes in national industry, doesn’t get a unanimous support from economists. The primary reason for criticism lays in insufficient efficiency of interventions. This inefficiency is mainly caused by lobbying and, thus, controversy of state policy. In this paper a possible way of reconciling the goals, objects and tools to create a harmonious and balanced industrial policy is proposed.
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Bibliographic InfoArticle provided by N.P. Redaktsiya zhurnala "Voprosy Economiki" in its journal Voprosy Economiki.
Volume (Year): 4 (2012)
Issue (Month): ()
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Web page: http://www.vopreco.ru/eng/year.html
industrial policy; state support; social and economic development.;
Find related papers by JEL classification:
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
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