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  Industrial Policy and Comparative Political Economy: A Literature Review and Research Agenda

Bulfone, F. (2022). Industrial Policy and Comparative Political Economy: A Literature Review and Research Agenda. Competition & Change, (published online March 25). doi:10.1177/10245294221076225.

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https://doi.org/10.1177/10245294221076225 (Publisher version)
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 Creators:
Bulfone, Fabio1, Author              
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1Politische Ökonomie der europäischen Integration, MPI for the Study of Societies, Max Planck Society, ou_1856345              

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Free keywords: industrial policy, comparative political economy, state-business relations, European union, multinational corporations
 Abstract: The Great Recession renewed calls for a return of state activism in support of the European economy. The widespread nationalizations of ailing companies and the growing activism of national development banks led many to celebrate the re-appearance of industrial policy. Despite this reappraisal, however, comparative political economy (CPE) contributions to the study of industrial policy are still scarce. This review article critically overviews the existing literature linking CPE and industrial policy meeting three goals. First, to trace the evolution of the goals, protagonists, and policy instruments of industrial policy in the European Union (EU) since the post-war period. Second, to provide a periodization of the evolution of industrial policy based on the distinction between the inward-looking forms of state intervention prevalent until the late 1970s and the open-market industrial policy of later decades. Third, to outline future research pathways based on the integration between CPE, heterodox economics, and economic geography.

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Language(s): eng - English
 Dates: 2022-03-25
 Publication Status: Published online
 Pages: 22
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 Table of Contents: Introduction
Industrial policy: What it is and why it was marginalized within the CPE debate?
Inward-looking industrial policy: From the post-war period to the demise of fordism
Open-market industrial policy and its main features
Pathways for future research: Integrating CPE, heterodox economics, and economic geography
Acknowledgments
Notes
References
 Rev. Type: Peer
 Identifiers: DOI: 10.1177/10245294221076225
 Degree: -

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Title: Competition & Change
Source Genre: Journal
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Pages: - Volume / Issue: (published online March 25) Sequence Number: - Start / End Page: - Identifier: ISSN: 1024-5294
ISSN: 1477-2221