Industrial Policy for Southern Europe
Antigone Lyberaki
Chapter 6 in Economic Transformation, Democratization and Integration into the European Union, 2001, pp 193-230 from Palgrave Macmillan
Abstract:
Abstract The debate about industrial policy has always been charged, while the pendulum concerning the desired amount of state intervention and free market forces has been swinging to and fro, reflecting ideological (and balance of power) shifts as much as changing economic circumstances in the world scene. The careful wording chosen in the above European Commission quotation testifies to the charged nature of the debate. This intellectual ambivalence notwithstanding, governments have always intervened (by design or by default) in the shaping of their country’s productive structures. Directed public interventions at the sectoral and firm level (often complemented by horizontal actions) seeking to stimulate particular lines of economic activity can be taken as a definition of what constitutes industrial policy in the broad sense (Shapiro and Taylor, 1992, p. 433).
Keywords: European Union; Small Firm; Industrial Policy; Industrial District; Economic Transformation (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97761-3_6
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DOI: 10.1057/9780333977613_6
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