A Southern Europe strategy based on vision and industrial policy

Karl Aiginger

EKONOMIAZ. Revista vasca de Economía, 2013, vol. 82, issue 01, 127-168

Abstract: This paper argues that an industrial policy strategy is needed for the southern European countries for regaining competitiveness and stability. That strategie need to be different from the past industrial policy, more systemic, and should include innovation strategies and ways to upgrade education. They should embrace competition on national and international markets as driver of change. They should create and support clusters and industrial zones, which could then be the basis for technology transfers, foreign direct investment and for making use of globalisation. New industrial policies should emphasise on sectors where society has a long term interest, e.g. alternative energies or health tourism. In short, industrial policy is a necessary strategy element in times of budget consolidation especially for the southern European periphery.

Keywords: Competitiveness of Southern Europe; European periphery; new industrial policy; growth oriented consolidation; socioeconomic systems (search for similar items in EconPapers)
JEL-codes: F4 F6 H6 L52 O25 P52 R11 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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