Industries, Governments and Global Crises?
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Abstract
The crisis that the world is currently facing has induced many governments to promote policies in support of their industries. Policy makers - both in industrialised and new emerging countries - justify the promotion of a set of practices and measure such as nationalisation, incentives to firms, rescue policies and the like. This approach suggests the need for new analyses able to guide the new wave of "interventism" that we are nowadays witnessing. It seems to be particularly important to try to offer to this "neo-interventism" new grounds through the development of research lines that are at the same time rigorous from a descriptive point of view and ambitious in suggesting policy solutions.
Keywords
- Economic Crisis
- Neo-Interventism
- Industrial Policy
- State Intervention
- Market Failure