Artikel

Industrial policy in an interdependent world: Promoting national markets or global firms?

In Europe and North America there are increasing calls for an industrial policy that would foster innovation and technological development. The advocates of industrial policy warn that without active government support national firms will succumb to unfair foreign competition and that there will be an irreversible weakening of their technological capacity. OECD countries already spend 2–3% of their GDP on direct subsidies to industrial production, investment and R&D. Is more public spending justified especially now that capital is needed for the reconstruction of Eastern Europe?

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 0020-5346 ; Volume: 27 ; Year: 1992 ; Issue: 6 ; Pages: 269-273 ; Hamburg: Verlag Weltarchiv

Classification
Wirtschaft
Subject
Industrial Policy

Event
Geistige Schöpfung
(who)
Nicolaides, Phedon
Event
Veröffentlichung
(who)
Verlag Weltarchiv
Springer
(where)
Hamburg
(when)
1992

DOI
doi:10.1007/BF02928059
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Nicolaides, Phedon
  • Verlag Weltarchiv
  • Springer

Time of origin

  • 1992

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