New Perspectives on Industrial Policy for a Modern Britain 1st Edition by David Bailey ,Keith Cowling ,Philip Tomlinson ISBN 0198706200 978-0198706205

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Product details: 

ISBN 10:0198706200 

ISBN 13:978-0198706205

Author:David Bailey ,Keith Cowling ,Philip Tomlinson

In the aftermath of the global financial crisis of 2008 and the ensuing Great Recession of 2008 to 2013, the economic debate has begun to shift towards ‘rebalancing’ the UK economy, away from an over-reliance upon consumerism and the financial sector to generate growth, towards more sustainable productive activities. The fallout from the financial crisis exposed the systemic failings of the dominant neo-liberal model to deliver balanced growth and there is now increasing recognition this ‘rebalancing’ might best be achieved through the state pursuing an active ‘industrial policy’. Thus, after a long hiatus, industrial policy is back in vogue at regional, national, and EU levels driven by concerns over competitiveness, globalisation, de-industrialisation, unemployment, and the comparatively slow growth of the British and EU economies especially in this post-recession phase. At the same time, industrial policy has been seen as a catalyst for designing economic recovery strategies at regional, national, and EU levels as well as being a concerted strategy to develop new ‘clean-tech’ industries to tackle environmental challenges.

Table of contents: 

Part 1. Perspectives on Industrial Policy
2:DIP-ly Speaking: Debunking 10 Myths and a Business Strategy-Informed Developmental Industrial Policy, Christos Pitelis
3:Industrial Policy: International Experiences, David Coates
4:Reframing Industrial Policy, Andrew Bowman, Julie Froud, Sukhdev Johal, Adam Leaver, and Karel Williams
5:The Role of Industrial Policy: Lessons from Asia, Mushtaq Khan
Part 2. Finance for Industry, Entrepreneurship, and Innovation
6:Finance and Industrial Strategy, Malcolm Sawyer
7:Financial Architecture and Industrial Policy: Alternative Ownership Structures and the Role of Mutuals, Jonathan Michie
8:Harnessing the Private Sector to Enhance Industrial Innovation, Gordon Murray, Weixi Liu, and Marc Cowling
9:How to Make ‘Smart’ Innovation-Led Growth also ‘Inclusive’ Growth, Mariana Mazzucato
Part 3. Employment Issues and Industrial Policy
10:Skills and Training for a more Innovation-Intensive Economy, Francis Green and Geoff Mason
11:Beyond a Human Capital Approach to Education and the Labour Market: The Case for Industrial Policy, Phillip Brown, Sin Yi Cheung, and Hugh Lauder
12:Workers’ Voice in Company Decision-Making, Janet Williamson and Tim Page
13:Employment Rights and Industrial Policy, Paul Latreille and Richard Saundry
Part 4. Industrial Policy and Regional Development
14:An Industrial Strategy for UK Cities, David Bailey, Keith Cowling, and Philip Tomlinson
15:Mind the Gap! What might a Place-Based Industrial and Regional Policy look like?, David Bailey, Paul Hildreth, and Lisa De Propis
Part 5. Regulation, FDI, and Industrial Policy
16:Regulation and Governance of the Public Utilities, Michael Waterson
17:Refining Inward Investment Policy: Maximising the Returns to Limited Funds, Nigel Driffield, Sandra Lancheros, and Yama Temouri
18:Takeovers and Takeover Policy, Ajit Singh, Gurmail Singh, David Bailey, and Helena Lenihan
Part 6. Industrial Policy and Sustainable Development
19:Industrial Policy for a Sustainable Growth Path, Karl Aiginger
20:Industrial Policy: A Green Agenda, Dan Coffey and Carole Thornley

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