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Relations between institutions and industrial policies

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  • Strachman, Eduardo

Abstract

The paper aims to show some of the complex relationships between institutions and industrial policies. Institutions are important factors determining the slow pace of change of the societies, their economies, States and private sectors, therefore presenting important consequences for the design of industrial policies. Having this as a backdrop, the paper tries to expose the relevance of a country institutionality for the choice of industrial policies and their possibilities of success. In the opposite direction, one important focus for many industrial policies are institutional changes, whether they are connected to the State or to the relationship between the State and the private sector, or even only to this last sector. The paper also investigates some of the difficulties and limits for these institutional changes.

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File URL: http://mpra.ub.uni-muenchen.de/15129/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15129.

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Date of creation: 2001
Date of revision: Nov 2008
Handle: RePEc:pra:mprapa:15129

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Keywords: Industrial Policy; Institutions; Institutional Analysis; Development;

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  1. Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Philipps University Marburg, Department of Geography.
  2. Norton, R D, 1986. "Industrial Policy and American Renewal," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 24(1), pages 1-40, March.
  3. Chang, Ha-Joon, 1994. "State, institutions and structural change," Structural Change and Economic Dynamics, Elsevier, Elsevier, vol. 5(2), pages 293-313, December.
  4. Mario Rizzo, 1985. "Rules Versus Cost-Benefit Analysis in the Common Law," Cato Journal, Cato Journal, Cato Institute, Cato Journal, Cato Institute, vol. 4(3), pages 865-896, Winter.
  5. Chang, Ha-Joon, 1993. "The Political Economy of Industrial Policy in Korea," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 17(2), pages 131-57, June.
  6. Elster, Jon, 1989. "Social Norms and Economic Theory," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 3(4), pages 99-117, Fall.
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