Description: Does the UK still have an industrial strategy? How should we understand the renewed interest within government in industrial policy - and now its apparent reversal - in recent years? This collection of essay by leading academics and practitioners including Victoria Chick, Kate Bell, Simon Lee, Karel Williams, Susan Himmelweit, Laurie Macfarlane and Ron Martin - among many others- considers the effectiveness of recent industrial policies in addressing the UK's economic malaise. In offering a broad political economy perspective on economic statecraft and development in the UK, the book focuses on the political and institutional foundations of industrial policy, the value of "foundational" economic practices, the challenge of greening capitalism and addressing regional inequalities, and the new financial and corporate governance structures required to radicalize industrial strategy.
Brief description: Craig Berry is Reader in Political Economy at Manchester Metropolitan University.
Review Quotes: The industrial strategy debate in the UK tends to be framed narrowly in terms of finding solutions to the 'productivity puzzle'. But this book offers a breath of fresh air and a compelling case for framing the debate in far more capacious terms. In short, it demonstrates how a progressive industrial strategy can help to fashion an inclusive well-being economy.--Kevin Morgan, Professor of Governance and Development, Cardiff University