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Topic: Industrial policy

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In the News (Mon 25 Mar 19)

  Industrial policy - Wikipedia, the free encyclopedia
As such, the development of infant industries does not simply involve protectionism as the infant industry argument suggests, but is dependent on a country's ability to learn directly from foreign direct investment.
Despite the claim that policy was aimed at developing world-class competitors, this is difficult to reconcile with the minimal impact that an active industrial policy has had on immigration policy.
Today most industrial policy is subordinated to tax, tariff and trade rules of the General Agreement on Tariffs and Trade (GATT) and various trade pacts promising various degrees of "free trade", which in practice means limited subsidy and no protectionism of any one industry.
en.wikipedia.org /wiki/Industrial_policy   (529 words)

 Industrial Policy, by Richard B. McKenzie: The Concise Encyclopedia of Economics: Library of Economics and Liberty
National industrial policy is a rubric for a broad range of proposed economic reforms that emerged as a unified political program in the early eighties.
Although the industrial policy movement created a major policy stir in the early and mideighties, it faded in the late eighties as quickly as it had emerged.
The likely outcome of an industrial policy that encompassed some elements of both "protecting the losers" and "picking the winners" is that the losers would back the subsidies for the winners in return for the latter's support on issues of trade protection.
www.econlib.org /library/Enc/IndustrialPolicy.html   (2477 words)

The Industrial Policy reforms have reduced the industrial licensing requirements to a select list of hazardous and environmentally sensitive industries (Annex II), abolished restrictions on investment and expansion by MRTP Houses, reduced the number of industries reserved from Public sector from 17 to 6 (Annex I) and facilitated easy access to foreign technology.
Small scale/ancillary industrial undertakings which are engaged in the manufacture of items exempted from compulsory industrial licensing of items not reserved for SSI are not required to obtain a COB license on crossing the investment limits prescribed for them.
Tourism related industry falls in the list of highpriority industries (Annex III), this is a sector with immense possibilities for foreign investment 100% foreign equity is permissible in the sector and automatic approvals are also granted by the Reserve Bank of India for foreign equity upto 51% and subject to specified parameters.
www.indiaprofile.com /policy/pol09.htm   (7130 words)

 UNI : Fostering structural change: an industrial policy for an enlarged Europe - IBITS position
The first type of action, of the proposed industrial policy, is the creation of a regulatory framework that is favourable to industry.
The third type of action in the new approach to industrial policy is the development of a sectoral dimension, which will be tailor-made for the needs of each specific sector.
Even if it is not primarily a challenge of industrial policy, the ageing of the population and consequent decline of labour market participation are industrial problems.
www.union-network.org /uniibits.nsf/0/A16B06D7A4A90EE5C1256ED3002908A5?OpenDocument   (2122 words)

 Export & Import - Exim Policy- Industrial Policy, India Finance & Investment Guide
Policy Resolution of 1956 and the Statement on Industrial Policy of 1991 provide the basic framework for the overall industrial policy of the Government in regard to the manufacturing industries.
In the initial stages of the country's development, growth of industry was regulated through the granting of industrial licenses and other industrial approvals.
The industrial policy announced on 24th July, 1991 substantially dispensed with industrial licensing, announced measures facilitating foreign investment and technology transfers, and threw open the areas hitherto reserved for the public sector.
finance.indiamart.com /exports_imports/industrial_policy   (318 words)

 Industrial policy -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-05)
Despite the claim that policy was aimed at developing world-class competitors, this is difficult to reconcile with the minimal impact that an active industrial policy has had on (Click link for more info and facts about immigration policy) immigration policy.
Presumably, the nation that seeks to become the global leader in a particular industry must attract many of the most qualified talents in that field, to apply and to improve their own particular (Click link for more info and facts about individual capital) individual capital to that problem in that country.
This suggests strongly that the real purpose of industrial policy was always and only (The policy of imposing duties or quotas on imports in order to protect home industries from overseas competition) protectionism, the protection of existing jobs for political gain.
www.absoluteastronomy.com /encyclopedia/i/in/industrial_policy.htm   (326 words)

 Easy Encyclopedia - Online Encyclopedia. Knowledge is Power
A notable initiative in industrial policy was the Microelectronics and Computing Consortium, MCC, located in Austin, Texas.
Today most industrial policy is subordinated to tax, tariff and trade rules of the General Agreement on Trade and Tariff (or "GATT") and various trade pacts promising various degrees of "free trade", which in practice means limited subsidy and no protectionism of any one industry.
However, notable exceptions including agricultural subsidy in both Europe and the US, and cultural subsidy in Canada, prove that the principle of industrial policy is alive and well, and merely retreating into the shadows.
www.easyencyclopedia.com /encyclopedia/i/in/industrial_policy.html   (390 words)

 Industrial Policy   (Site not responding. Last check: 2007-11-05)
Industrial development will be sustainable from the point of view of environmental concerns and resource availability.
Industrial Policy 1999 aims at addressing these concerns building on earlier efforts and gains towards industrialization of Bangladesh economy.
If the industrial undertaking is set up elsewhere in the country, accelerated depreciation is allowed at the rate of 80% in the first year and 20% in the second year.
epb.gov.bd /industrial_policy.htm   (2885 words)

 Jharkhand : Governance   (Site not responding. Last check: 2007-11-05)
An eligible industrial unit irrespective of its location will be entitled to exemption from payment of 50% of Stamp Duty and registration fee paid for registration of documents within the State relating to purchase/acquisition of land and buildings for setting up of a new unit.
The annual inspection of the industrial premises shall be carried out strictly in accordance with law on camp basis under the direct control and supervision of the senior district level statutory authority in consonance with the Directorate of Industries for which, wherever possible, specific dates for a specific area shall be announced in advance.
In case of an industrial unit is found violating any rule or procedure, and it becomes necessary to file criminal prosecution under relevent act/rules against such industrial unit, then the competent authority shall seek prior permission from the Labour, Employment and Training Department before initiating such action.
jharkhand.nic.in /governance/indpolicy.htm   (11061 words)

 EUROPEAN PARLIAMENT FACT SHEETS 4.7.1. General principles of EU industrial policy
An industrial policy may be construed as the overall application to industry or to certain sectors of industry of all the general Treaty provisions with a view to accelerating the process of resource allocation among and within the various sectors.
It showed that action taken by the Community on industrial policy contributes to a general improvement in competitiveness by means of measures under all the relevant Community policies.
This policy should be based on a mix between incentives to encourage investments, loans or direct financial aid to help old industries modernise and the use of venture capital.
www.europarl.eu.int /factsheets/4_7_1_en.htm   (1252 words)

 officialwebsite of kerala.gov.in
In pursuit, therefore, of uniform and consensual policy initiatives in related areas, this policy is being announced in conjunction with a progressive labour policy.
The non-availability of industrial land due to the high population density of Kerala and the necessity for fostering a new work culture within the Zones, are the prime considerations for establishing such Zones as in China which has thereby successfully attracted international capital investment.
Industrial zone, park and estate authorities will be empowered by the Kerala State Electricity Board to distribute power as licensees to units set up within their respective areas.
www.kerala.gov.in /annualprofile/ind.htm   (4313 words)

 Read about Industrial policy at WorldVillage Encyclopedia. Research Industrial policy and learn about Industrial policy ...   (Site not responding. Last check: 2007-11-05)
industrial subsidy by a competing nation to make products for export.
Despite the claim that policy was aimed at developing world-class competitors, this is difficult to reconcile with the minimal impact that an active industrial policy has had on
cultural subsidies in Canada, prove that the principle of industrial policy is alive and well, and merely retreating into the shadows.
encyclopedia.worldvillage.com /s/b/Industrial_policy   (328 words)

 Laos - Industrial Policy   (Site not responding. Last check: 2007-11-05)
The organization of the industrial sector prior to 1986 was centered on the state.
At the same time, gross industrial production began to shift slightly, to the private sector: private industrial output as a percentage of gross industrial output doubled to 8 percent between 1980 and 1983, whereas state output decreased slightly from 93 percent to 89 percent.
In the early 1980s, a slow increase in the number of private enterprises began, reflecting both the government's newly relaxed policy on the private sector and the private sector's greater efficiency and profitability compared to that of the state sector.
countrystudies.us /laos/81.htm   (368 words)

While the past industrial policies starting from 1980 have created a favorable industrial climate in the State with many new industries coming up, the State has to take full advantage of the liberalized economic and industrial regime to attract substantial private investment for infrastructure and industrial development of the State.
Industrial unrest is minimal.The State Government has issued strict instructions to law and order and labour authorities to ensure peaceful conditions in industries and to strive for a harmonious relationship between management and labour in industrial establishment.
Provided that where an industrial unit makes financial contribution for creation/completion of the irrigation source, no water charge will be payable at the rates stipulated in sub-para (i) and (ii) till full adjustment of the amount contributed by the industrial unit in question for creation/completion of the irrigation source.
www.idcoindia.com /ipfull.htm   (8701 words)

 Industrial Policy   (Site not responding. Last check: 2007-11-05)
Industrial sickness is an inherent part of the process of development.
Minister, Industries held a series of consultative meetings with the members of trade and industry and experts in the field to understand the reasons for sickness and policy that needs to be adopted for addressing these concerns.
Gujarat Board for Industrial and Financial Reconstruction (GBIFR): Means the board appointed by the State Government for the implementation of this scheme.
www.gujaratindia.com /Policies/policy3.htm   (2100 words)

 Govt asked to address major issues first: Industrial policy -DAWN - Business; 11 September, 2004
KARACHI, Sept 10: As the government is in the process of preparing a draft for Industrial Policy 2005-2015 -- many stakeholders think that a lot of issues need to be addressed before its announcement in order to achieve goals and objectives and to meet future challenges of the WTO.
The government machinery involved in the preparation of the new policy claimed that the policy would provide a roadmap for industrialization in the country and help develop local and technical manpower resources through skill upgradation to meet challenges of the WTO regime.
Chairman, taxation committee of the Towel Manufacturers Association, M. Muzamil Hussain, said the new industrial policy was aimed at removing bottlenecks being faced by the exporters, enhancing exports, meeting challenges of the WTO, grooming technical labour force, adopting modern manufacturing techniques and opening more job avenues for the youth.
www.dawn.com /2004/09/11/ebr6.htm   (651 words)

 News Release: "Asian Model" Of Industrial Policy Unlikely To Drive Growth In Other Developing Countries   (Site not responding. Last check: 2007-11-05)
In Industrial Policy in the Era of Globalization: Lessons from Asia, Senior Fellow Marcus Noland and Wharton School professor Howard Pack address the key issues for policymakers considering these alternative paths.
Indeed, it appears that the impact of public policy during the heyday of Japanese industrial policy was on balance a tax on industrial output rather than a subsidy.
Given the politicized nature of this decision-making, it is not surprising that evidence of the benefits of industrial policy intervention is elusive.
www.iie.com /publications/newsreleases/noland-pack.htm   (1719 words)

 AllRefer.com - industrial policy (Economics: Terms And Concepts) - Encyclopedia   (Site not responding. Last check: 2007-11-05)
industrial policy, government-sponsored economic program in which the public and private sectors coordinate their efforts to develop new technologies and industries.
Industrial policy emphasizes cooperation between government, banks, private enterprise, and employees to strengthen the national economy.
In the 1980s and 90s, industrial policies enjoyed some success in Germany and Japan.
reference.allrefer.com /encyclopedia/I/indust-pol.html   (250 words)

 BIS Economic Papers - The implementation of monetary policy in industrial countries: a survey
In recent years monetary policy operating procedures have continued to evolve in the light of changes in the structure and workings of financial markets as well as in the broader economic and political environment.
Moreover, the way in which policy is implemented can have significant implications for the organisation and functioning of money and even capital markets as well as for asset price volatility.
In particular, since the 1980s to varying degrees central banks in industrial countries have sharpened the focus on interest rates as operating objectives, shortened the maturity of interest rates serving as the fulcrum of policy, strengthened the market orientation of policy implementation, increased the flexibility of liquidity management and improved the transparency of policy signals.
www.bis.org /publ/econ47.htm   (1036 words)

 pogo.org The Wrong Defense Industrial Policy 9/1996 Project On Government Oversight
The costly merger policy is the result of a spectacular display of influence by corporate CEOs
policy pushed private companies to do things they had concluded were not in their financial
The merger subsidies are the worst kind of industrial policy - they are unneeded, unlikely to
www.pogo.org /p/contracts/co-960901-reform.html   (747 words)

 Industrial policy at opensource encyclopedia   (Site not responding. Last check: 2007-11-05)
An '''industrial policy''' is any government regulation or law that encourages the ongoing operation of...
Industrial policy and implementation of Uruguay Round commitments...
countries is not to rediscover industrial policy, but to redeploy it in...
springknow.com /Industrial_policy.html   (861 words)

 Institute of Policy Studies of Sri Lanka (IPS)
IPS is the apex economic policy research institute in Sri Lanka, recognized as a regional centre of excellence offering an authoritative and independent voice on economic policy analysis.
The report provides a rigorous assessment of Sri Lanka's economic performance in light of policy developments in both the domestic and external environment.
IPS organized a presentation and discussion on “Post-Tsunami Recovery: Status, Issues and Challenges” as part of the consultation process for its on-going study on “Policy Issues, Lessons and Challenges for Post-Tsunami Sri Lanka” on 22 August, 2005 at the IPS Conference Room.
www.ips.lk   (269 words)

 EU plans more efficient industrial policy   (Site not responding. Last check: 2007-11-05)
Industry and business group UNICE, which represents 20 million small, medium and large companies in Europe said the EU plans go "a step further toward the goal of strengthening Europe's competitiveness," and urged EU nations to adopt them "without delay."
The EU's manufacturing industry, which employs over 34 million people and accounts for three quarters of EU exports, has in recent years faced increasing competition from the new economic powers, especially China.
Europe's textile industry called on the EU to help prevent cheaper textiles from flooding EU markets this year, after the EU dropped most quotas on Chinese imports in January.
www.businessweek.com /ap/financialnews/D8D1SO1O0.htm   (831 words)

 industrial policy on Encyclopedia.com   (Site not responding. Last check: 2007-11-05)
Investigating the integration of acquired firms in high-technology industries: implications for industrial policy.(Opinion)
Japan's dual industrial structure as a welfare system: "the Lexus and the Olive Tree"-and "the Vulture".
Monetary policy alternatives at the zero bound: an empirical assessment.
www.encyclopedia.com /html/i1/indust-pol.asp   (838 words)

 OUP: European Industrial Policy: Foreman-Peck
Interventionist industrial policies thus find new popularity after the gentle flirtation with liberalization in the early 1990s.
The present study aims to contribute to an understanding of European industrial policy by introducing an historical perspective.
National policy continuities and the considerable time over which industrial performance responds to changed environments emerge with greater clarity in the long run.
www.oup.co.uk /isbn/0-19-828998-7   (535 words)

 Industrial Development Policy Discussion Papers   (Site not responding. Last check: 2007-11-05)
Discussion Paper 5: The industrial policy implications of the heterogeneity of subsidiaries' roles in a multinational network.
Some empirical evidence and implications for the design of industrial policy.
Discussion Paper 13: The heterogeneity of small enterprises: a key for industrial policies in Nicaragua.
www.linstitute.org /papers   (715 words)

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