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Industrial policy: tools, targets, and goals

In: Industrial Policy in America

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Abstract

In contrast to what observers have frequently argued, this timely and thought provoking book suggests that the concept of industrial policy is not alien to the American past and present. The debate on this topic in the US has always been full of contradictory rhetoric and policy practices, and the expert authors therefore acknowledge a need to rethink the traditional antagonist positions. They illustrate that contemporary markets continue to demand to be fixed by government policies, and governments continue to show how fixing-the-market policies might fail. The conclusion is that the future of industrial policy is about how to make both markets and governments better in their functioning, but that the real goal for industrial policy is to make better-market and better-government policies consistent with the goal of building a better society.

Suggested Citation

  • ., 2013. "Industrial policy: tools, targets, and goals," Chapters, in: Industrial Policy in America, chapter 1, pages 1-30, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:13749_1
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    File URL: https://www.elgaronline.com/view/9781848448438.00006.xml
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    Cited by:

    1. Cremonez, Paulo André & Feroldi, Michael & de Araújo, Amanda Viana & Negreiros Borges, Maykon & Weiser Meier, Thompson & Feiden, Armin & Gustavo Teleken, Joel, 2015. "Biofuels in Brazilian aviation: Current scenario and prospects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1063-1072.
    2. Grande, Genice & Islas, Jorge & Rios, Mario, 2015. "Technical and economic analysis of Domestic High Consumption Tariff niche market for photovoltaic systems in the Mexican household sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 738-748.
    3. Huang Xian Yu, 2017. "Capital Asset Pricing Model – investigation and Testing," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 7(6), pages 1-5.

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    Economics and Finance;

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