Together with the growing urgency of industrial development in the developing countries, the United Nations Industrial Development Organisation (UNIDO) is also more and more in the focus of interest. This young organisation, which two and a half years ago with much ambition assumed a huge...

The pros and cons of direct investment are attracting more and more attention in public discussion. In the following article, Dr Pohle, who was not only a highly successful businessman but also an influential and much respected Member of Federal Parliament, examined the possible positive and...

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...

The period from 1950 to 1974 was one of exceptional economic progress, particularly in manufacturing. This article examines how some of these developments have altered the objectives and methods of formulating industrial policy in western countries. Following a brief discussion of sector-wide...

In the aftermath of the crisis, Europe is becoming more polarised in terms of employment, competitiveness and industrial specialisation. A 'German-centred core' which maintained employment and production – has emerged, contrasted by a 'Southern periphery', where major economic losses have...