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Industrial Policy: Old and New Issues

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  • Wim Naudé

Abstract

The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy, the paper reviews the evolution of IP over time, and discusses the current tension between the theory and practice of IP. Contrasting 'old' and 'new' issues in the debate, a tentative conclusion is that a fragile consensus on IP is within reach.

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  • Wim Naudé, 2010. "Industrial Policy: Old and New Issues," WIDER Working Paper Series wp-2010-106, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2010-106
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    2. Pauline Lectard & Eric Rougier, 2018. "Can developing countries gain from defying comparative advantage? Distance to comparative advantage, export diversification and sophistication, and the dynamics of specialization [Les pays en dével," Post-Print hal-04587399, HAL.
    3. Kasper Vrolijk, 2021. "Industrial policy and structural transformation: Insights from Ethiopian manufacturing," Development Policy Review, Overseas Development Institute, vol. 39(2), pages 250-265, March.
    4. Lectard, Pauline & Rougier, Eric, 2018. "Can Developing Countries Gain from Defying Comparative Advantage? Distance to Comparative Advantage, Export Diversification and Sophistication, and the Dynamics of Specialization," World Development, Elsevier, vol. 102(C), pages 90-110.
    5. Roman Stöllinger & Mario Holzner, 2017. "State Aid and Export Competitiveness in the EU," Journal of Industry, Competition and Trade, Springer, vol. 17(2), pages 203-236, June.
    6. Wim Naudé, 2011. "Climate Change and Industrial Policy," Sustainability, MDPI, vol. 3(7), pages 1-19, July.
    7. Edurne Magro, 2022. "Revisiting the Nexus between Industrial Policy and Regional Economic Resilience in an Era of Grand Societal Challenges," Hacienda Pública Española / Review of Public Economics, IEF, vol. 243(4), pages 101-122, December.
    8. Dranev, Yakov & Kuznetsov, Boris & Kuzyk, Mikhail & Pogrebnyak, Evgeny & Simachev, Yuri, "undated". "Experience in Implementing Industrial Policy in the Russian Federation in 2000-2012: Institutional Features, Interest Groups, Main Lessons," Published Papers nvg137, Russian Presidential Academy of National Economy and Public Administration.
    9. Neil Foster-McGregor & Mario Holzner & Michael Landesmann & Johannes Pöschl & Robert Stehrer & Roman Stöllinger, 2013. "A ‘Manufacturing Imperative’ in the EU – Europe's Position in Global Manufacturing and the Role of Industrial Policy," wiiw Research Reports 391, The Vienna Institute for International Economic Studies, wiiw.
    10. Vu, Khuong M., 2018. "Embracing globalization to promote industrialization: Insights from the development of Singapore's petrochemicals industry," China Economic Review, Elsevier, vol. 48(C), pages 170-185.
    11. Malina, Christiane, 2019. "A normative analysis of subsidization of all-electric vehicles in Germany," CAWM Discussion Papers 109, University of Münster, Münster Center for Economic Policy (MEP).
    12. John Weiss & Adnan Seric, 2021. "Industrial policy: Clarifying options through taxonomy and decision trees," Development Policy Review, Overseas Development Institute, vol. 39(5), pages 773-788, September.
    13. Olimpia Fontana & Simone Vannuccini, 2024. "How to Institutionalise European Industrial Policy (for Strategic Autonomy and the Green Transition)," Journal of Industry, Competition and Trade, Springer, vol. 24(1), pages 1-30, December.
    14. Petre Prisecaru, 2015. "New Steps and Initiatives for a Rapid Reindustrialization in EU," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 95-102, March.
    15. Baniyelme D. Zoogah & William Y. Degbey & Maria Elo, 2023. "Industrial policy environments and the flourishing of African multinational enterprises," Journal of International Business Policy, Palgrave Macmillan, vol. 6(4), pages 408-431, December.

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