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Which Industrial Policy Does Europe Need?

Author

Listed:
  • Mariana Mazzucato
  • Mario Cimoli
  • Giovanni Dosi
  • Joseph Stiglitz
  • Michael Landesmann
  • Mario Pianta
  • Rainer Walz
  • Tim Page

Abstract

One lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has now become a top priority in countries where it was not explicitly considered in the past. A strong EU-wide industrial policy is expected to foster growth and job creation. However, cultivating industrial development is a complex challenge. This Forum addresses the steps that need to be taken to create a new European industrial policy. What are the structural challenges that need to be addressed? What are the instruments of the EU’s industrial policy? And should the EU be engaged in picking winners, or is the market better at making such judgements? Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Mariana Mazzucato & Mario Cimoli & Giovanni Dosi & Joseph Stiglitz & Michael Landesmann & Mario Pianta & Rainer Walz & Tim Page, 2015. "Which Industrial Policy Does Europe Need?," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 50(3), pages 120-155, May.
  • Handle: RePEc:spr:intere:v:50:y:2015:i:3:p:120-155
    DOI: 10.1007/s10272-015-0535-1
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    Cited by:

    1. repec:eee:tefoso:v:136:y:2018:i:c:p:166-177 is not listed on IDEAS
    2. Vallejo, Bertha, 2015. "The emergence of parallel trajectories in the automobile industry: Environmental issues and the creation of new markets," MERIT Working Papers 037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Eraslan, Sercan, 2016. "Safe-haven demand for housing in London," Economic Modelling, Elsevier, vol. 58(C), pages 482-493.
    4. repec:gam:jsusta:v:11:y:2019:i:2:p:506-:d:199054 is not listed on IDEAS
    5. Dario Guarascio & Annamaria Simonazzi, 2016. "A polarized country in a polarized Europe: an industrial policy for Italy’s renaissance," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 315-322, September.
    6. repec:gam:jecomi:v:7:y:2019:i:2:p:44-:d:230182 is not listed on IDEAS
    7. Walz, Rainer & Gotsch, Matthias & Gandenberger, Carsten & Peters, Anja & Günther, Edeltraud, 2017. "Nachhaltiges Wirtschaften: Stand der Transformation zu einer Green Economy," Working Papers "Sustainability and Innovation" S03/2017, Fraunhofer Institute for Systems and Innovation Research (ISI).
    8. repec:spr:eurasi:v:9:y:2019:i:1:d:10.1007_s40821-019-00121-0 is not listed on IDEAS
    9. Naudé, Wim & Nagler, Paula, 2017. "Technological Innovation and Inclusive Growth in Germany," IZA Discussion Papers 11194, Institute of Labor Economics (IZA).
    10. Emanuele Brancati & Raffaele Brancati & Dario Guarascio & Andrea Maresca & Manuel Romagnoli & Antonello Zanfei, 2018. "Firm-level Drivers of Export Performance and External Competitiveness in Italy," European Economy - Discussion Papers 2015 - 087, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    11. Antonio Andreoni & Ha-Joon Chang, 2016. "Industrial policy and the future of manufacturing," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 491-502, December.
    12. repec:eee:tefoso:v:138:y:2019:i:c:p:78-94 is not listed on IDEAS
    13. repec:eee:ecolec:v:152:y:2018:i:c:p:246-259 is not listed on IDEAS
    14. repec:spr:epolit:v:36:y:2019:i:1:d:10.1007_s40888-018-0112-8 is not listed on IDEAS
    15. Matthijs Janssen, 2016. "What bangs for your bucks? Assessing the design and impact of transformative policy," Innovation Studies Utrecht (ISU) working paper series 16-05, Utrecht University, Department of Innovation Studies, revised Dec 2016.
    16. Valeria Cirillo & Marta Fana & Dario Guarascio, 2017. "Labour market reforms in Italy: evaluating the effects of the Jobs Act," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 34(2), pages 211-232, August.

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