The scope for industrial policy in a free trade environment

José Tavares de Araujo ()

Brazilian Journal of Political Economy, 1993, vol. 13, issue 3, 441-453

Abstract: The article discusses the contemporary dilemma of industrial policy, which consistsof defining national growth strategies consistent with the dynamics of a globalizedeconomy. The argument consists of three parts. The first suggests that the concept of firmproposed by Coase in 1937 is a fundamental instrument for analyzing the changes that occurredin the 1980s in international competition standards. The second describes the domesticdimension of the industrial policy dilemma, showing the macroeconomic restrictions andthe role of the institutions that regulate economic power. The third considers the internationaldimension, highlighting the importance of GATT as a forum for negotiating conflictsbetween domestic policies and international interests. JEL classification: F13; F68.

Keywords: Industrial policy; globalization; trade (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1337/1323 (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:ekm:repojs:v:13:y:1993:i:3:p:441-453:id:1337

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().