Whatever Happened to Industry Policy in Australia

Bibliographic Data

ID6234078
AuthorsTerri Conley (0000-0003-1592-8779, Griffith University), Tom Conley (0000-0002-3246-7524), Elizabeth Van Acker (Griffith University)
Year2011
Volume46
Issue3
Pages503-517
Publication date2011-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAustralian Journal of Political Science (JOURNAL)
Journal identifiersISSN: 1036-1146 • E-ISSN: 1363-030X
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/10361146.2011.596522
OpenAlexW1996598109
LanguageEN
Citations received10
References cited8

Since the 1980s and early 1990s, there have been few constructive developments towards a comprehensive and coherent productivity-enhancing agenda. Labor governments have often provided rhetorical support but have fought over whether industry policy represents a new protectionism or market-enhancing development policy. The Coalition in opposition and in office has generally opposed the idea of industry policy, but has continued to support ad hoc and costly policy interventions. Australia's 20 years without a recession has disguised the need to reconsider industry policy and questions of economic diversity. This article argues that dealing with problems of economic structure - particularly resource dependence and climate change adaptation - requires a revitalisation of the industry policy debate. It tracks the theory and practice of industry policy in Australia and concludes that advocates for industry policy must formulate new policy ideas outside the framework of the traditional divide between intervention and free markets

Constructive · Economic growth · Economic policy · Economic system · Economics · Market economy · Opposition (politics · Political economy · Political science · Productivity · Protectionism · Rhetorical question · Labor Movements and Unions · Law · Public Administration · Regional Development and Policy · Rural development and sustainability

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