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Industrial policy

Index Industrial policy

The industrial policy of a country, sometimes denoted IP, is its official strategic effort to encourage the development and growth of part or all of the manufacturing sector as well as other sectors of the economy. [1]

70 relations: Agreement on Trade-Related Investment Measures, Albert O. Hirschman, Alexander Gerschenkron, Alexander Hamilton, Argentina, Brazil, Business cluster, Cambridge University Press, Chaebol, Commercial policy, David R. Henderson, Development economics, Developmental state, Economic interventionism, Energy industry, Externality, Financial crisis of 2007–2008, Fiscal policy, Four Asian Tigers, France, Free market, Free trade, Friedrich List, German Development Institute, Germany, Government failure, Green industrial policy, Harvard University Press, Heterodoxy, Import substitution industrialization, Infant industry argument, Information asymmetry, Infrastructure, Institute of Development Studies, Jimmy Carter, Journal of Development Economics, Korea under Japanese rule, Learning-by-doing, Liberty Fund, M. E. Sharpe, Manufacturing, Market failure, Mexico, Ministry of International Trade and Industry, Mixed economy, Natural monopoly, Newly industrialized country, Oxford University Press, Presidency of George H. W. Bush, Presidency of Ronald Reagan, ..., Princeton University, Princeton University Press, Project Socrates, Protectionism, Rent-seeking, Report on Manufactures, Research and development, Ronald Reagan, Stanford University Press, The New York Times, The Wealth of Nations, TRIPS Agreement, United Kingdom, United Nations, United Nations Industrial Development Organization, United States, University of Chicago Press, Value chain, World Bank, World Trade Organization. Expand index (20 more) »

Agreement on Trade-Related Investment Measures

The Agreement on Trade-Related Investment Measures (TRIMs) are rules that apply to the domestic regulations a country applies to foreign investors, often as part of an industrial policy.

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Albert O. Hirschman

Albert Otto Hirschman (born Otto-Albert Hirschmann; April 7, 1915 – December 10, 2012) was an influential economist and the author of several books on political economy and political ideology.

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Alexander Gerschenkron

Alexander Gerschenkron (Александр Гершенкрон; 1 October 1904 – 26 October 1978) was a Ukrainian-born American economic historian and professor at Harvard University, trained in the Austrian School of economics.

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Alexander Hamilton

Alexander Hamilton (January 11, 1755 or 1757July 12, 1804) was a statesman and one of the Founding Fathers of the United States.

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Argentina

Argentina, officially the Argentine Republic (República Argentina), is a federal republic located mostly in the southern half of South America.

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Brazil

Brazil (Brasil), officially the Federative Republic of Brazil (República Federativa do Brasil), is the largest country in both South America and Latin America.

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Business cluster

A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field.

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Cambridge University Press

Cambridge University Press (CUP) is the publishing business of the University of Cambridge.

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Chaebol

A chaebol is a large industrial conglomerate that is run and controlled by an owner or family in South Korea.

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Commercial policy

A commercial policy (also referred to as a trade policy or international trade policy) is a governmental policy governing economic transactions across international borders.

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David R. Henderson

David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984.

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Development economics

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries.

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Developmental state

Developmental state, or hard state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late twentieth century.

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Economic interventionism

Economic interventionism (sometimes state interventionism) is an economic policy perspective favoring government intervention in the market process to correct the market failures and promote the general welfare of the people.

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Energy industry

The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution.

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Externality

In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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Four Asian Tigers

The Four Asian Tigers, Four Asian Dragons or Four Little Dragons, are the economies of Hong Kong, Singapore, South Korea and Taiwan, which underwent rapid industrialization and maintained exceptionally high growth rates (in excess of 7 percent a year) between the early 1960s (mid-1950s for Hong Kong) and 1990s.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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Free market

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

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Free trade

Free trade is a free market policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

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Friedrich List

Georg Friedrich List (6 August 1789 – 30 November 1846) was a German economist with dual American citizenship who developed the "National System", also known as the National System of Innovation.

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German Development Institute

The German Development Institute / (DIE) is one of the leading think tanks for development policy worldwide.

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Government failure

Government failure, in the context of public economics, is an economic inefficiency caused by a government intervention, if the inefficiency would not exist in a true free market.

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Green industrial policy

Green industrial policy (GIP) is strategic government policy that attempts to accelerate the development and growth of green industries to transition towards a low-carbon economy.

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Harvard University Press

Harvard University Press (HUP) is a publishing house established on January 13, 1913, as a division of Harvard University, and focused on academic publishing.

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Heterodoxy

Heterodoxy in a religious sense means "any opinions or doctrines at variance with an official or orthodox position".

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Import substitution industrialization

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production.

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Infant industry argument

The infant industry argument is an economic rationale for trade protectionism.

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Information asymmetry

In contract theory and economics, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other.

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Infrastructure

Infrastructure is the fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function.

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Institute of Development Studies

The Institute of Development Studies (IDS) is an institution for development research, teaching and learning, and impact and communications, based at the University of Sussex.

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Jimmy Carter

James Earl Carter Jr. (born October 1, 1924) is an American politician who served as the 39th President of the United States from 1977 to 1981.

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Journal of Development Economics

The Journal of Development Economics is a bimonthly peer-reviewed academic journal published by Elsevier.

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Korea under Japanese rule

Korea under Japanese rule began with the end of the short-lived Korean Empire in 1910 and ended at the conclusion of World War II in 1945.

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Learning-by-doing

Learning by doing refers to a theory of education expounded by American philosopher John Dewey.

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Liberty Fund

Liberty Fund, Inc. is a nonprofit foundation headquartered in Indianapolis, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources.

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M. E. Sharpe

M.E. Sharpe, Inc., an academic publisher, was founded by Myron Sharpe in 1958 with the original purpose of publishing translations from Russian in the social sciences and humanities.

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Manufacturing

Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

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Market failure

In economics, market failure is a situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

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Mexico

Mexico (México; Mēxihco), officially called the United Mexican States (Estados Unidos Mexicanos) is a federal republic in the southern portion of North America.

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Ministry of International Trade and Industry

The Ministry of International Trade and Industry (通商産業省 Tsūshō-sangyō-shō or MITI) was one of the most powerful agencies of the Government of Japan.

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Mixed economy

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

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Natural monopoly

A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.

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Newly industrialized country

The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and economists.

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Oxford University Press

Oxford University Press (OUP) is the largest university press in the world, and the second oldest after Cambridge University Press.

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Presidency of George H. W. Bush

The presidency of George H. W. Bush began at noon EST on January 20, 1989, when George H. W. Bush was inaugurated as 41st President of the United States, and ended on January 20, 1993.

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Presidency of Ronald Reagan

The presidency of Ronald Reagan began at noon EST on January 20, 1981, when Ronald Reagan was inaugurated as 40th President of the United States, and ended on January 20, 1989.

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Princeton University

Princeton University is a private Ivy League research university in Princeton, New Jersey.

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Princeton University Press

Princeton University Press is an independent publisher with close connections to Princeton University.

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Project Socrates

Project Socrates was a classified U.S. Defense Intelligence Agency program established in 1983 within the Reagan administration.

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Protectionism

Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.

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Rent-seeking

In public choice theory and in economics, rent-seeking involves seeking to increase one's share of existing wealth without creating new wealth.

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Report on Manufactures

The Report on the Subject of Manufactures, generally referred to by its shortened title Report on Manufactures, is the third major report, and magnum opus, of American founding father and first U.S. Treasury Secretary Alexander Hamilton.

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Research and development

Research and development (R&D, R+D, or R'n'D), also known in Europe as research and technological development (RTD), refers to innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products.

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Ronald Reagan

Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th President of the United States from 1981 to 1989.

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Stanford University Press

The Stanford University Press (SUP) is the publishing house of Stanford University.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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The Wealth of Nations

An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.

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TRIPS Agreement

The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the World Trade Organization (WTO).

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United Nations

The United Nations (UN) is an intergovernmental organization tasked to promote international cooperation and to create and maintain international order.

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United Nations Industrial Development Organization

The United Nations Industrial Development Organization (UNIDO), French/Spanish acronym ONUDI, is a specialized agency in the United Nations system, headquartered in Vienna, Austria.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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University of Chicago Press

The University of Chicago Press is the largest and one of the oldest university presses in the United States.

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Value chain

A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Industrial Policies, Industrial Policy, Industrial policies, Industrial politics, Industry policy.

References

[1] https://en.wikipedia.org/wiki/Industrial_policy

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