The scope for industrial policy in a free trade environment

Datos Bibliográficos

ID5091111
AutoresJosé Tavares De Araújo (0000-0002-0878-4036, Inter-American Development Bank, autor de correspondencia), José Tavares De Araujo Jr (Interamerican Development Bank, United States)
Año1993
Volumen13
Número3
Páginas441-453
Fecha de publicación1993-09-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaBrazilian Journal of Political Economy (JOURNAL)
Identificadores de la revistaISSN: 0101-3157 • E-ISSN: 1809-4538
EditorialFapUNIFESP (SciELO) (PUBLISHER)
DOI10.1590/0101-31571993-0747
OpenAlexW4379231755
SCIELO_PIDS0101-31571993000300441
IdiomaEN
Citas recibidas2
Referencias citadas2

The article discusses the contemporary dilemma of industrial policy, which consists of defining national growth strategies consistent with the dynamics of a globalized economy. The argument consists of three parts. The first suggests that the concept of firm proposed by Coase in 1937 is a fundamental instrument for analyzing the changes that occurred in the 1980s in international competition standards. The second describes the domestic dimension of the industrial policy dilemma, showing the macroeconomic restrictions and the role of the institutions that regulate economic power. The third considers the international dimension, highlighting the importance of GATT as a forum for negotiating conflicts between domestic policies and international interests

Argument (complex analysis · Competition (biology · Competition policy · Dilemma · Dimension (graph theory · Economic system · Economics · European union · Industrial policy · International trade · Law and economics · Negotiation · Political science · Power (physics · Scope (computer science · Global Trade and Competitiveness · Global trade and economics · Law