search query: @author Healey, N. / total: 8
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| Author: | Healey, N. |
| Title: | De-industrialisation: made in Britain |
| Journal: | Management Today
1994 : JAN, p. 36-40 |
| Index terms: | UNITED KINGDOM INDUSTRIAL POLICY GROWTH MANUFACTURING |
| Language: | eng |
| Abstract: | Britain's shrinking industrial base and stagnating output poses a long-term threat to economic growth. A different approach to industrial policy is needed to strengthen the incentive to research, invest and train. Deepening and enlarging Britain's manufacturing base is essential to the country's long-term economic success. Cloying state intervention has been tried and discredited. Free market liberalism has failed to reverse the trend. The past experiences, and the lessons from more successful manufacturing nations, suggest a new approach to industrial policy which eschews direct state involvement, but splices together various trends of public policy to strengthen the incentives for the private sector to research competitive advantage in the international marketplace. |
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