Industrial Policy after the Crisis - Seizing the Future (Hardcover)

'This timely new book offers fresh insights into the scope and direction of industrial policy. With industrial policy 'back on the agenda' in the wake of the crisis, this is a must-read for anyone interested in this important area of policy.' - David Bailey, Coventry University Business School, UKIndustrial Policy after the Crisis provides a fresh and insightful study on the lessons that can be drawn from the global financial crisis for the analysis, definition and implementation of industrial policy. The authors utilize a political economy framework for the analysis of industrial development post-crisis, centered on the organization of production and stressing its importance for the wealth of nations, meaning not only rising income but also 'justice and happiness'. Examining industrial policy as a long-term vision of development, this insightful study will appeal to students in industrial and business economics, political economy and development studies, as well as policy-makers. Offering a reflection on the theoretical basis of policy decision making and recommendation, it will also be beneficial to scholars in the field of economics and politics. Contents: Introduction; 1. The 2008 Financial Crisis; 2. Globalisation and the Organisation of Production; 3. Division of Labour and Industrial Development; 4. A Framework for Defining Industrial Policy; 5. Industrial Policies as Long-Term Strategies: Some Examples; 6. The European Experience; Conclusions; References; Index