Download or read book Industrial Policies for Growth and Competitiveness: An economic perspective written by Francis Gerard Adams and published by Lexington, Mass. : LexingtonBooks. This book was released on 1983 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on studies of industrial policy carried out at the University of Pennsylvania Economics Research Unit, this volume presents an overview of the issues of industrial policy. The authors discuss the various meanings of industrial policy; explain the types of market-failure that would prompt most economists to accept governmental intervention at the industry level; chronicle selective intervention in developed and developing countries since World War II; and mull over the policy available to the United States. They seek to set the stage for further studies of general and industry specific incentives in the framework of models of the macro-economy and with respect to particular industries. ISBN 0-669-05412-7 : $25.95.