New Perspectives on Industrial Policy for a Modern Britain (by David Bailey, Keith Cowling, Philip Tomlinson)


Author(s): David Bailey, Keith Cowling, Philip Tomlinson

Publisher: Oxford University Press
Publish date: 2015-06-23
ISBN-10: 0198706200
ISBN-13: 9780198706205
Language: English
Description: In the aftermath of the global financial crisis of 2008 and the
ensuing Great Recession of 2008 to 2013, the economic debate has
begun to shift towards 'rebalancing' the UK economy, away from an
over-reliance upon consumerism and the financial sector to generate
growth, towards more sustainable productive activities. The fallout
from the financial crisis exposed the systemic failings of the
dominant neo-liberal model to deliver balanced growth and there is
now increasing recognition this 'rebalancing' might best be
achieved through the state pursuing an active 'industrial policy'.
Thus, after a long hiatus, industrial policy is back in vogue at… more…

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