Political Economy of Industrial Strategy in the UK

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competitiveness
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industry
manufacturing
market failures
nationalization
productivity
public goods
public sector intervention
R&D
state aid
supply-side policies

Product details

  • ISBN 9781788213394
  • Dimensions: 156 x 234mm
  • Publication Date: 25 Mar 2021
  • Publisher: Edinburgh University Press
  • Publication City/Country: GB
  • Product Form: Hardback
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Does the UK still have an industrial strategy? How should we understand the renewed interest within government in industrial policy – and now its apparent reversal – in recent years? This collection of essay by leading academics and practitioners including Victoria Chick, Kate Bell, Simon Lee, Karel Williams, Susan Himmelweit, Laurie Macfarlane and Ron Martin – among many others– considers the effectiveness of recent industrial policies in addressing the UK’s economic malaise. In offering a broad political economy perspective on economic statecraft and development in the UK, the book focuses on the political and institutional foundations of industrial policy, the value of "foundational" economic practices, the challenge of greening capitalism and addressing regional inequalities, and the new financial and corporate governance structures required to radicalize industrial strategy.
Craig Berry is Reader in Political Economy at Manchester Metropolitan University. Julie Froud is Professor of Financial Innovation in the Alliance Manchester Business School at the University of Manchester. Tom Barker has worked as a teaching associate and/or research assistant at the University of Sheffield, Sheffield Hallam University and Manchester Metropolitan University.