The New Industrial Policy of the European Union

Editors: Adam A. Ambroziak



Presents a combination of theory, analysis of relevant experiences and best practice in regard to changes in EU industrial policies

Offers valuable insights for countries, such as Moldova, Georgia and Ukraine, that are starting down the path to closer cooperation with the EU

Represents an informative guide for decision-makers and businesses to the kind of instruments that should be applied to improve the competitiveness of EU industry

The main objective of this book has been to carry out research into the definition of industrial policy and its goals; to evaluate previously-introduced policies and instruments; and to identify the future challenges for and features of a modern EU industrial policy. A modern industrial policy is seen as a non-traditional policy towards the industrial sector, based not necessarily on only the elimination of market failures (within the sectoral and/or horizontal approaches), but rather on the expanding the scope of industrial economic activities within the framework of both the pre- and post-fabrication stages.

The book targets three market segments: academics; policy and decision-makers at the EU, national and regional level, as well as business practitioners. It includes a wide-ranging analysis of different spheres of industrial policies conducted within the European Union, making it of interest to an international audience. Each chapter also offers detailed and valuable comments, as well as conclusions that can be generally applied, ensuring the book’s universality. The book presents the results of a research project conducted in the Collegium of World Economy at the Warsaw School of Economics.

Table of contents (12 chapters)

Review of the Literature on the Theory of Industrial Policy

The Industrial Sector in the European Union

Offshoring and Outsourcing as New Challenges for Industry in the EU

State Aid Policy and Industrial Policy of the European Union

The Relationship Between Public Support and the Industrial Sector in the European Union

The Common Commercial Policy and the Competitiveness of EU Industry

A Theoretical Concept of a Modern Industrial Policy

Research and Development Policy, Innovation Policy, and Industrial Policy: An Interface

The Role of the Human Capital Quality in the European Union’s Industrial Policy

Energy and Climate Policy and the EU’s Industrial Policy

Coordination of EU Member States’ Economic Policies and the Industrial Development Environment

Conclusions: Towards a Modern Industrial Policy of the European Union