The Political Economy of Industrial Strategy in the UK

Download or read book The Political Economy of Industrial Strategy in the UK written by Froud BERRY and published by Building Progressive Alternatives. This book was released on 2021-02-28 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial strategy has been back on the agenda of UK policy elites since the 2008 financial crisis. How should we understand this shift? This collection of essays 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.