In Pursuit of Prosperity
With so many states committed to economic transformation, and so many experts ready to provide technical advice on how to achieve it, why does progress so often remain elusive? In Pursuit of Prosperity examines the process of economic upgrading—moving to more valuable activities in production, impro...
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| Tác giả chính: | |
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| Định dạng: | Online |
| Ngôn ngữ: | Tiếng Anh |
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University of Michigan Press
2025
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| Những chủ đề: | |
| Truy cập trực tuyến: | https://library.oapen.org/handle/20.500.12657/103835 |
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| _version_ | 1869530268582281216 |
|---|---|
| author | Hankla, Charles R |
| author_browse | Hankla, Charles R |
| author_facet | Hankla, Charles R |
| author_sort | Hankla, Charles R |
| collection | Directory of Open Access Books |
| description | With so many states committed to economic transformation, and so many experts ready to provide technical advice on how to achieve it, why does progress so often remain elusive? In Pursuit of Prosperity examines the process of economic upgrading—moving to more valuable activities in production, improving technology, knowledge, and skills, and participating in global value chains—and develops a new theory to explain the form and success of national policies designed to promote it.
Using a mixed-methods approach, Charles R. Hankla draws upon archival research and interviews from France and India as well as quantitative models of sixteen countries across six decades. He finds that when state and private actors are aligned in their institutional structures, which can happen in both corporatist and pluralist systems, industrial policy tends to be more effective. It is when the state or the private sector independently dominates industrial policy that poor outcomes are most likely. As In Pursuit of Prosperity shows, rather than being fixed characteristics of countries, policymaking styles vary across time and across sectors of the economy, reflecting the changing power dynamics and organizational resources of stakeholders. The book sheds light on how industrial policy—which is experiencing a comeback in the United States and beyond—can best be harnessed for upgrading. It offers a valuable contribution to our understanding of the complex relationship between state politics and economic performance in the modern globalized world. |
| format | Online |
| id | doab-20.500.12854ir-161793 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | University of Michigan Press |
| publisherStr | University of Michigan Press |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1617932025-07-09T05:31:45Z In Pursuit of Prosperity Hankla, Charles R industrial policy, upgrading, political economy, institutions, coalitions, France, India, panel corrected standard errors, political fragmentation, political cohesion, CHIPs, Inflation Reduction Act, middle income trap, planning, planning commission, Make in India, global value chain, French Planning, Indian Planning thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPB Comparative politics With so many states committed to economic transformation, and so many experts ready to provide technical advice on how to achieve it, why does progress so often remain elusive? In Pursuit of Prosperity examines the process of economic upgrading—moving to more valuable activities in production, improving technology, knowledge, and skills, and participating in global value chains—and develops a new theory to explain the form and success of national policies designed to promote it. Using a mixed-methods approach, Charles R. Hankla draws upon archival research and interviews from France and India as well as quantitative models of sixteen countries across six decades. He finds that when state and private actors are aligned in their institutional structures, which can happen in both corporatist and pluralist systems, industrial policy tends to be more effective. It is when the state or the private sector independently dominates industrial policy that poor outcomes are most likely. As In Pursuit of Prosperity shows, rather than being fixed characteristics of countries, policymaking styles vary across time and across sectors of the economy, reflecting the changing power dynamics and organizational resources of stakeholders. The book sheds light on how industrial policy—which is experiencing a comeback in the United States and beyond—can best be harnessed for upgrading. It offers a valuable contribution to our understanding of the complex relationship between state politics and economic performance in the modern globalized world. 2025-06-26T05:15:07Z 2025-06-26T05:15:07Z 2025-06-25T12:17:25Z 2025 book https://library.oapen.org/handle/20.500.12657/103835 9780472077465 9780472057467 https://directory.doabooks.org/handle/20.500.12854/161793 eng open access image/jpeg image/jpeg Attribution-NonCommercial 4.0 International Attribution-NonCommercial 4.0 International https://library.oapen.org/bitstream/20.500.12657/103835/1/9780472905058.pdf https://library.oapen.org/bitstream/20.500.12657/103835/1/9780472905058.pdf University of Michigan Press 10.3998/mpub.12122865 10.3998/mpub.12122865 b7359529-e5f7-4510-a59f-d7dafa1d4d17 9780472077465 9780472057467 249 open access |
| spellingShingle | industrial policy, upgrading, political economy, institutions, coalitions, France, India, panel corrected standard errors, political fragmentation, political cohesion, CHIPs, Inflation Reduction Act, middle income trap, planning, planning commission, Make in India, global value chain, French Planning, Indian Planning thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPB Comparative politics Hankla, Charles R In Pursuit of Prosperity |
| title | In Pursuit of Prosperity |
| title_full | In Pursuit of Prosperity |
| title_fullStr | In Pursuit of Prosperity |
| title_full_unstemmed | In Pursuit of Prosperity |
| title_short | In Pursuit of Prosperity |
| title_sort | in pursuit of prosperity |
| topic | industrial policy, upgrading, political economy, institutions, coalitions, France, India, panel corrected standard errors, political fragmentation, political cohesion, CHIPs, Inflation Reduction Act, middle income trap, planning, planning commission, Make in India, global value chain, French Planning, Indian Planning thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPB Comparative politics |
| topic_facet | industrial policy, upgrading, political economy, institutions, coalitions, France, India, panel corrected standard errors, political fragmentation, political cohesion, CHIPs, Inflation Reduction Act, middle income trap, planning, planning commission, Make in India, global value chain, French Planning, Indian Planning thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPB Comparative politics |
| url | https://library.oapen.org/handle/20.500.12657/103835 |
| work_keys_str_mv | AT hanklacharlesr inpursuitofprosperity |