INDUSTRIAL STRATEGY: A MISSING LINK IN BRITISH ECONOMIC POLICY

INDUSTRIAL STRATEGY: A MISSING LINK IN BRITISH ECONOMIC POLICY

It is argued that British economic policy in the Twentieth century has been characterised by the absence of a coherent industrial strategy. Public investment in an extended infrastructure fuelling endogenous development via supportive services for systems of relatively small firms is advocated.

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Veröffentlicht in:Oxford review of economic policy 1993-10, Vol.9 (3), p.83-100
Hauptverfasser: COWLING, KEITH, SUGDEN, ROGER
Format: Artikel
Sprache:eng
Schlagworte:
Business structures
Communities
Economic aspects
Economic development
Economic policy
Economic relations
Economic systems
Economic theory
European Union
Free market economies
Great Britain
Industrial economics
Industrial policy
Investment policy
Regionalism
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Zusammenfassung:It is argued that British economic policy in the Twentieth century has been characterised by the absence of a coherent industrial strategy. Public investment in an extended infrastructure fuelling endogenous development via supportive services for systems of relatively small firms is advocated.
ISSN:0266-903X
1460-2121
DOI:10.1093/oxrep/9.3.83