Tag Archives for industrial policy

Revisiting the developmental state 8: the new challenges of Asia’s latecomer industrialisation

Industrial policy needs to be rethought if it is to remain effective in promoting economic development in a highly globalised world economy When South Korea, Taiwan, and Singapore were ‘catching up’ through state-led industrialisation in the 1960s and the 1970s, their only benchmark was the first movers in the existing advanced industrialised economies.  However, in the context of today’s intensified … Continue reading

14 November 2017 by
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How to fund a state development bank: a two-stage proposal

Our proposal shows how to fund a new state bank that would harness the money creation power of the Bank of England for the public good Industrial policy is back on the agenda in UK politics. Central to the policy debates is the idea of a state bank that can underpin the broad objectives of industrial strategy.  Indeed, the global … Continue reading

6 July 2017 by
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Manufacturing decline and Britain’s ‘radically redundant’ industrial policy

Craig Berry

Industrial policy is being rediscovered, again, but the incompleteness of the policy-making environment means it will fail to halt the ongoing decline of manufacturing Gordon Brown in 2008. David Cameron in 2010.  And now Theresa May in 2016. Since the financial crisis, Britain has had three prime ministers, and each one has promised a manufacturing renaissance based on a more … Continue reading

9 November 2016 by
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