The industry's lack of competitiveness, absence of economies of scale and a weak supply base are the fundamental issues that must be addressed in order to strengthen the industry and integrate it with regional production networks of foreign automakers. The entry of cheap, smuggled second-hand...

The experience of the Philippines shows that FDI spillover effects are not automatically generated. Opening up the economy to FDI has contributed to the country's exports of high-technology products and overall economic growth. However, the spillover effects of FDI to domestic firms have...

This paper examines the microeconomic interventions used to complement Washington Consensus reforms in Latin America. It maintains that the kind of interventions currently in vogue in most countries lack a sound theoretical and empirical foundation or are applied in a manner likely to prove...

The government has implemented substantial trade and investment policy reforms during the last two decades following a three-track approach involving unilateral, regional and multilateral modalities towards freer trade and investment. The reforms resulted to improvements in domestic resource...

Industriepolitik ist ein umstrittener, aber notwendiger Teil der Wirtschaftspolitik. Sie entwickelte sich von sektoralen Eingriffen über eine Förderung der Wettbewerbsfähigkeit durch breite, horizontale Politiken schließlich zu einer Kombination von primär horizontalen und ergänzend...

The importance of manufacturing for industrialised countries has been reappraised, specifically in the wake of the financial crisis and of China's rise to world no. 1 in manufacturing. A "new industrial policy" should bolster reindustrialisation, different from the old selective and...

There are competing theories to explain the reasons behind the international competitiveness of manufacturing in Asia. Analysing these different theories will bring important lessons, not just for Asia, but for developing economies the world over. This lucid book studies industries and firms in...

Along with the Green Deal, the von der Leyen Commission immediately started to look at how to adopt an industrial strategy that would promote EU competitiveness and support the Commission's self-assigned "geopolitical" role by boosting strategic autonomy.