By Keith Cowling
After a decade or extra of privatisation and deregulation there's a starting to be consensus that executive may have a good function in selling commercial improvement. This e-book explores quite a few ways that this could be made to occur. a standard subject matter is the necessity for participation on the acceptable point: too usually commercial coverage has been hampered by way of overcentralised decision-making. Containing contributions by means of a few of Europe's prime business economists, commercial coverage for Europe covers topics from small enterprise to macroeconomics.
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Extra resources for Industrial Policy in Europe: Theoretical Perspectives and Practical Proposals
Example text
It has to be clear that a policy exists which is appropriate to the rapid evolution of suitable webs within which small firms can flourish by retaining a relative anatomy. Anything less is simply giving a small-firm label to a policy which at best serves the large firms by supplying a dependent periphery, a small-firm fringe. We would argue that it is crucial in Europe that initiatives be pursued simultaneously at local, regional, national and pan-European levels to Page 6 develop webs, multinational webs and democratic strategic decision-making structures and processes more generally.
It is shown that both samples were drawn during similar (prosperous) phases of the macro-economic cycle. Further evidence is advanced which indicates that grant and subsidy regimes have not been major determinants of survival and performance. However, the performance of small firms is shown to be better in the second sample period than in the first. If macroeconomic effects are neutral and grant/subsidy regimes are insignificant, then reasons for performance differences, it is argued, must lie elsewhere.
To provide further, quick insight into all the papers included in the volume we allow the authors to speak for themselves: their abstracts follow. Chapter 2: A reorientation of industrial policy? Horizontal policies and targeting, by Keith Cowling, Christine Oughton and Roger Sugden Recent industrial policy debate argues that there has been a reorientation of industrial policy away from sectoral measures towards horizontal policies. This paper assesses the extent and the basis of this shift and argues that popular perception of recent industrial policies is based on a false dichotomy between horizontal and sectoral initiatives.
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