"The government takes measures 'aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation'."
This policy aims to promote industrial development and competitiveness, including subsidies, tariffs, and trade regulations.
Introduction to Industrial Policy: An overview of industrial policy, its objectives, instruments, and the role of the government in promoting industrial development.
Industrial Policy in Developing Countries: A study of the challenges faced by developing countries in formulating and implementing industrial policy, and the role of international organizations in supporting their efforts.
Sectoral Analysis: An analysis of the strengths and weaknesses of different industrial sectors in the economy, and the potential for their development through targeted policies and investments.
Innovation and Technology Policy: The role of government in promoting innovation and technology development through research and development, intellectual property rights, and other policies.
Trade and Investment Policy: Policies aimed at promoting trade and investment flows in the economy, including export promotion, foreign direct investment attraction, and trade agreements.
Human Capital Development: Policies aimed at developing and enhancing the skills and knowledge of the workforce, including education and training programs, and migration policies.
Infrastructure Development: Investments in infrastructure such as transportation, energy, and communications, which are vital for industrial development and economic growth.
Environmental and Social Policy: Policies aimed at promoting sustainable industrial development through measures such as environmental regulations, social protection, and corporate social responsibility.
Monitoring and Evaluation of Industrial Policy: The importance of monitoring and evaluating industrial policies to assess their impact and effectiveness, and to improve policy design and implementation.
"...often focused on all or part of the manufacturing sector."
"A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of the wider economy and so often has a key role in IP."
"Industrial policies are interventionist measures typical of mixed economy countries."
"Many types of industrial policies contain common elements with other types of interventionist practices such as trade policy."
"Industrial policy is usually seen as separate from broader macroeconomic policies, such as tightening credit and taxing capital gains."
"Traditional examples of industrial policy include subsidizing export industries and import-substitution-industrialization (ISI), where trade barriers are temporarily imposed on some key sectors, such as manufacturing."
"By selectively protecting certain industries, these industries are given time to learn (learning by doing) and upgrade."
"Once competitive enough, these restrictions are lifted to expose the selected industries to the international market."
"More contemporary industrial policies include measures such as support for linkages between firms and support for upstream technologies."
"Industrial policy takes measures aimed at improving the competitiveness and capabilities of domestic firms..."
"The government takes measures aimed at... promoting structural transformation."
"...including transportation, telecommunications and energy industry..."
"Industrial policies are interventionist measures typical of mixed economy countries."
"...subsidizing export industries and import-substitution-industrialization (ISI), where trade barriers are temporarily imposed on some key sectors..."
"...these industries are given time to learn (learning by doing) and upgrade."
"Once competitive enough, these restrictions are lifted to expose the selected industries to the international market."
"...support for linkages between firms and support for upstream technologies."
"A country's infrastructure is a major enabler of the wider economy and so often has a key role in IP."
"Industrial policy is usually seen as separate from broader macroeconomic policies, such as tightening credit and taxing capital gains."