Godina završetka:

State intervention as an incentive for growth in market economies

  • For: Croatian Chamber of Economy

  • Performer :

  • Project leader:

    • Marina Kesner-Škreb, Institute of Public Finance


    Contributors:

    • Dubravka Jurlina-Alibegović, Institute of Economics Zagreb
    • Željka Kordej-De Villa, Institute of Economics Zagreb
    • Danijela Kuliš, Institute of Public Finance
    • Mia Mikić, University of New Zeland, Department of Economics, Auckland
    • Katarina Ott, Institute of Public Finance


  • Project description:

    The project sought to analyse how developed market economies used state intervention to achieve, increase and facilitate economic restructuring. Since state interventionism covers a wide scope of economic activities performed by the state, the scope was narrowed to include the study of industrial policies and how they were used as attempts at managing sectoral resource reallocation and with the hope of achieving high growth and employment rates. Some economies were more successful in this than others. Drawing both from individual country experience and from recent research results, the project attempted to define the necessary ingredients for an industrial policy.

     

    The project had three parts. The first provided a survey of the theoretical underpinning of industrial policies. This section dealt with the historical development of industrial policy, the criteria for choosing sectors to intervene in and surveyed the features of policy measures industrial policy usually relies on. The second part surveyed the industrial policy experience of Austria, Chile, European Union, Germany, Japan, New Zealand, South Korea and Taiwan. The third part surveyed industrial policies currently being implemented in Croatia.

  • Project duration: November 1995

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