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The purpose of local industrial policy

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  • Jamie Gough

Abstract

It is argued that the local investment strategy proposed by Best in Local Economy 1 is incapable of creating jobs in the way that it claims, and that it tends to perpetuate and create divisions and inequalities within the workforce. Instead local investment strategies need to be centred, not on increasing productivity but on helping to strengthen the collective organisation of workers. Some ways are discussed in which local authorities might begin to do this but to carry this through consistently will require national planning of industries and compulsory powers over investment decisions by private firms.

Suggested Citation

  • Jamie Gough, 1986. "The purpose of local industrial policy," Local Economy, London South Bank University, vol. 1(2), pages 69-76.
    • Handle: RePEc:sae:loceco:v:1:y:1986:i:2:p:69-76
    DOI: 10.1080/02690948608725851
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    References listed on IDEAS

    as
    1. Michael Best, 1986. "Strategic planning and industrial policy," Local Economy, London South Bank University, vol. 1(1), pages 65-77.
    2. Brusco, Sebastiano, 1982. "The Emilian Model: Productive Decentralisation and Social Integration," Cambridge Journal of Economics, Oxford University Press, vol. 6(2), pages 167-184, June.
    3. Solinas, Giovanni, 1982. "Labour Market Segmentation and Workers' Careers: The Case of the Italian Knitwear Industry," Cambridge Journal of Economics, Oxford University Press, vol. 6(4), pages 331-352, December.
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