dunnettreader + industrial_policy   8

Joseph Adelson, review essay - What Caused Capitalism? | Foreign Affairs - May 2015
Once upon a time, smart people thought the world was flat. As globalization took off, economists pointed to spreading market forces that… Includes new Cambridge History of Capitalism, Mokyr Enlightened Economy, Acemoglu and Robinson Why Nations Fail, and Beckert Empire of Cotton -- contrasts tales that are, in broad brush, optimistic and internalist re origins (especially Mokyr) vs pessimistic and externalist (especially Cotton) -- copied to Instapaper
books  reviews  bookshelf  economic_history  capitalism  Great_Divergence  ancient_history  global_economy  global_history  global_system  Europe-Early_Modern  city_states  Italy  Spain  France  British_history  India  US_history  colonialism  imperialism  empires  institutional_economics  technology  development  Scientific_Revolution  Industrial_Revolution  industrialization  industrial_policy  US_Civil_War  slavery  property  property_rights  mercantilism  mercantilism-violence  Instapaper  markets  political_economy  economic_culture  economic_growth  from instapaper
may 2015 by dunnettreader
Stanley Fischer - Socialist Economy Reform: Lessons of the First Three Years (May, 1993) | JSTOR - The American Economic Review
Stanley Fischer, The American Economic Review, Vol. 83, No. 2, Papers and Proceedings of the Hundred and Fifth Annual Meeting of the American Economic Association (May, 1993), pp. 390-395 -- snapshot of 1st stage of transition economics and state of debates -- downloaded pdf to Note
paper  jstor  economic_history  post-Cold_War  transition_economies  political_economy  economic_theory  economic_culture  economic_reform  institutional_economics  institutional_change  industrial_policy  privatization  trade-policy  downloaded 
april 2015 by dunnettreader
Geoffrey Jones - Entrepreneurs, Firms and Global Wealth Since 1850 - March 2013 | SSRN
Modern economic growth diffused from its origins in the North Sea region to elsewhere in western and northern Europe, across the Atlantic, and later to Japan, but struggled to get traction elsewhere. The societal and cultural embeddedness of the new technologies posed significant entrepreneurial challenges. The best equipped to overcome these challenges were often entrepreneurs based in minorities who held significant advantages in capital-raising and trust levels. By the interwar years productive modern business enterprise was emerging across the non-Western world. Often local and Western managerial practices were combined to produce hybrid forms of business enterprise. After 1945 many governmental policies designed to facilitate catch-up ended up crippling these emergent business enterprises without putting effective alternatives in place. The second global economy has provided more opportunities for catch up from the Rest, and has seen the rapid growth of globally competitive businesses in Asia, Latin America and Africa. This is explained not only by institutional reforms, but by new ways for business in the Rest to access knowledge and capital, including returning diaspora, business schools and management consultancies. Smarter state capitalism was also a greater source of international competitive advantage than the state intervention often seen in the past. -- downloaded pdf to Note
economic_history  development  industrialization  institutional_economics  19thC  20thC  21stC  post-WWII  competition-interstate  globalization  industrial_policy  emtrepreneurs  diaspora  SMEs  technology_transfer  trust  access_to_finance  modernization_theory  business_history  firms-organization  downloaded  SSRN  Industrial_Revolution 
april 2015 by dunnettreader
Dani Rodrik - Premature deindustrialisation in the developing world | voxeu 12 February 2015
As developed economies have substituted away from manufacturing towards services, so too have developing countries – to an even greater extent. Such sectoral change may be premature for economies that never fully industrialised in the first place. This column presents evidence that countries with smaller manufacturing sectors substitute away from manufacturing to a larger extent, suggesting a trade channel through which falling international relative prices of manufacturing lead price-taking developing economies to substitute accordingly.
development  industrialization  industrial_policy  productivity  deindustrialisation  LDCs  OECD_economies  democratization  globalization  import_substitution  free_trade 
march 2015 by dunnettreader
Rasmus Karlsson and Jonathan Symons - Making Climate Leadership Meaningful: Energy Research as a Key to Global Decarbonisation - Feb 2015 | Global Policy Journal- Wiley Online Library
This article revisits a number of familiar debates about climate change mitigation yet draws some unorthodox conclusions. First, that progress towards a renewable small-scale energy future in environmentally conscious countries such as Germany and Sweden may take the world as a whole further away from climate stability by reducing the political pressure to finance breakthrough innovation. Second, that without such game-changing innovations, developing countries will continue to deploy whatever technologies are domestically available, scalable and affordable, including thermal coal power in most instances. Third and finally, that as any realistic hope of achieving climate stability hinges on the innovation of breakthrough technologies, the urgency of climate change calls not so much for the domestic deployment of existing energy technologies but rather a concentrated effort to develop technologies that will be adopted globally. These arguments imply that national innovation policy, and an international treaty establishing a ‘Low-Emissions Technology Commitment’ should be the central focus of climate policy. -- added to Wiley profile
article  paywall  Wiley  global_governance  energy  climate  technology  Innovation  technology-adoption  technology_transfer  green_finance  development  IR  IR-domestic_politics  economic_growth  IP-global_governance  innovation-government_policy  industrial_policy  industrialization 
march 2015 by dunnettreader
Rajiv Sethi: Innovation, Scaling, and the Industrial Commons - July 2010
When Yves Smith makes a strong reading recommendation, I usually take notice. Today she directed her readers to an article by Andy Grove calling for drastic changes in American policy towards innovation, scaling, and job creation in manufacturing. The piece is long, detailed and worth reading in full, but the central point is this: an economy that innovates prolifically but consistently exports its jobs to lower cost overseas locations will eventually lose not only its capacity for mass production, but eventually also its capacity for innovation: - interesting discussion in updates and comments
US_economy  US_politics  Labor_markets  unemployment  trade-policy  trade-theory  off-shoring  manufacturing  Innovation  technology  technology_transfer  industrial_policy 
march 2015 by dunnettreader
Jeff Horn - Economic Development in Early Modern France: The Privilege of Liberty, 1650–1820 (release date for hardback mid-Feb 2015) | European history after 1450 | Cambridge University Press
Privilege has long been understood as the constitutional basis of Ancien Régime France, legalising the provision of a variety of rights, powers and exemptions to some, whilst denying them to others. In this fascinating new study however, Jeff Horn reveals that Bourbon officials utilized privilege as an instrument of economic development, freeing some sectors of the economy from pre-existing privileges and regulations, while protecting others. He explores both government policies and the innovations of entrepreneurs, workers, inventors and customers to uncover the lived experience of economic development from the Fronde to the Restoration. He shows how, influenced by Enlightenment thought, the regime increasingly resorted to concepts of liberty to defend privilege as a policy tool. The book offers important new insights into debates about the impact of privilege on early industrialisation, comparative economic development and the outbreak of the French Revolution. **--** 1. Introduction: profits and economic development during the Old Régime *--* 2. Privileged enclaves and the guilds: liberty and regulation *--* 3. The privilege of liberty put to the test: industrial development in Normandy *--* 4. Companies, colonies, and contraband: commercial privileges under the Old Régime *--* 5. Privilege, liberty, and managing the market: trading with the Levant *--* 6. Outside the body politic, essential to the body economic: the privileges of Jews, Protestants and foreign residents *--* 7. Privilege, innovation, and the state: entrepreneurialism and the lessons of the Old Régime *--* 8. The reign of liberty? Privilege after 1789 -- look for pdf of Intro once released
books  find  political_economy  economic_history  political_history  17thC  18thC  19thC  France  privileges-corporate  economic_culture  economic_policy  development  monarchy  profit  entrepreneurs  guilds  trading_companies  trade-policy  regulation  industrialization  industrial_policy  Colbert  Colbertism  urban_development  urban_elites  commerce  commercial_interest  French_government  Huguenots  Jews  colonialism  French_Empire  colonies  corporate_finance  monopolies  Levant  MENA  Ottomans  liberties  liberty  Ancien_régime  Louis_XIV  Louis_XV  Louis_XVI  French_Revolution  French_Revolutionary_Wars  Napoleonic_Wars  Restoration-France  bourgeoisie  haute_bourgeoisie  markets  markets-structure  foreign_trade  foreign_policy  foreigners-resident 
february 2015 by dunnettreader
Sunanda Sen - International Trade Theory and Policy: A Review of the Literature - Working Paper No. 635 | Levy Economics Institute - November 2010
This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to the New Trade theories currently used by many advanced countries to direct industrial policy and trade. An account is provided of the neo-classical brand of reciprocal demand and resource endowment theories, along with their usual empirical verifications and logical critiques. A useful supplement is provided in terms of Staffan Linder’s theory of “overlapping demand,” which provides an explanation of trade structure in terms of aggregate demand. Attention is drawn to new developments in trade theory, with strategic trade providing inputs to industrial policy. Issues relating to trade, growth, and development are dealt with separately, supplemented by an account of the neo-Marxist versions of trade and underdevelopment. -- Associated Program: The State of the US and World Economies -- Related Topic(s):Comparative costs New theories of trade Overlapping demand Resource pattern and trade Strategic trade Trade and development -- downloaded pdf to Note
paper  lit_survey  economic_theory  intellectual_history  18thC  19thC  20thC  21stC  trade-theory  trade-policy  industrial_policy  economic_growth  development  comparative_advantage  demand-side  supply-side  natural_resources  commodities  industrialization  exports  import_substitution  imports  export-led  neoclassical_economics  neo-Marxist  trade-strategic  underdevelopment  inequality  labor  downloaded 
october 2014 by dunnettreader

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