Industrial Policy: The Changing Agenda

Mark Baimbridge, Jeffrey Harrop and George Philippidis
Additional contact information
Jeffrey Harrop: University of Bradford
George Philippidis: University of Bradford

Chapter 4 in Current Economic Issues in EU Integration, 2004, pp 57-76 from Palgrave Macmillan

Abstract: Abstract Whilst industrial policy may be considered to include all aspects of governmental policy which affect microeconomic activity, this chapter is using the term specifically in relation to its positive aspects. This is partly because the more negative elements of creating conditions in which the private sector can flourish through the Single European Market (SEM) and competition policy have been covered already in the previous chapter. Whilst the European Union (EU) has generally favoured a free market philosophy, policy increasingly has incorporated elements of more positive intervention to deal with problems of both declining industries and high technology sectors. The changing agenda involves not just reactive but also proactive policies to deal with the pattem of industrial change from older industries towards sunrise industries and services. It is insufficient to rely on the different policies of member states alone and it is recognised increasingly that the EU needs to develop new approaches to deal with greater international competition in both downmarket and upmarket economic sectors.

Keywords: European Union; Foreign Direct Investment; Venture Capital; Industrial Policy; Competition Policy (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-59816-4_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230598164

DOI: 10.1057/9780230598164_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().