About Industrial Policy Guidelines

V. Dementyev
Additional contact information
V. Dementyev: CEMI RAS, Moscow, Russia

Journal of the New Economic Association, 2014, vol. 22, issue 2, 201-205

Abstract: Industrial policy should vary with the specific conditions of the various phases of a long wave of economic development. At considerable lag from world technological leaders the economy can get to "a structural trap". To escape this trap, the active state economic policy has to be based on the combined strategy of development providing synergy effect from modernization of lagging behind branches and formation of new productions. Effectiveness of industrial policy largely depends on the extent to which it relies on the exchange of information between government and business, on the one hand, and between firms, on the other.

Keywords: industrial policy; strategic planning; coordination; innovations; long waves (search for similar items in EconPapers)
JEL-codes: L52 O11 O14 O21 O38 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econorus.org/repec/journl/2014-22-201-205r.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2014:i:22:p:201-205

Access Statistics for this article

Journal of the New Economic Association is currently edited by Victor Polterovich and Aleksandr Rubinshtein

More articles in Journal of the New Economic Association from New Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Alexey Tcharykov ().