Designing industrial policy in Latin America : business-state relations and the new developmentalism / Ben Ross Schneider.

What makes for effective cooperation between government and business in designing industrial policy? Core research questions on the institutional design of optimal arrangements focus on three main functions: 1) maximizing the benefits of information exchange; 2) motivating participation through auth...

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Bibliographic Details
Main Author: Schneider, Ben Ross (Author)
Format: eBook
Language:English
Published: [Basingstoke] : Palgrave Pivot, 2015.
Series:Latin American political economy.
Subjects:
Online Access:Click for online access

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520 |a What makes for effective cooperation between government and business in designing industrial policy? Core research questions on the institutional design of optimal arrangements focus on three main functions: 1) maximizing the benefits of information exchange; 2) motivating participation through authoritative allocation; and 3) minimizing unproductive rent seeking. The book analyses these functions theoretically and empirically in a range of recent experiences in Latin America. Across the region, countries with more positive experiences of public-private collaboration tend to have more pragmatic governments and better organized and informally networked private sectors. Effective cooperation also depends on the macro context, in particular the nature of the political system and the alternative avenues it provides for business influence, especially through parties, networks and appointments, the media, and campaign finance. Lastly, the structure and strategies of big domestic businesses - mostly diversified, family-owned business groups - affects their preferences and interest in collaborating in industrial policy. 
505 0 |a 1. Introduction: Institutional Dynamics of Industrial Policy -- 2. Principles of Institutional Design in Business-Government Councils -- I. Introduction -- II. What happens in Councils: Disaggregating Interactions -- III. The Korean Model in Export and Technology Councils -- IV. Conclusion -- 3. Ongoing Experimentation with Business-Government Councils in Latin America -- I. Introduction -- II. Disaggregating Councils by Scope and Function -- III. Beyond Councils: Formal and Informal Business Representation -- IV. Conclusions -- 4. Putting Councils and Industrial Policy in Context: Political Systems and Big Business -- I. Introduction -- II. Political Institutions and Privileged Access for Big Business -- III. Structure and Preferences of Business Groups -- IV. Business groups, MNCs, and Possibilities for Industrial Policy -- V. Conclusion -- 5. Conclusions -- Appendices -- A. Interviews -- B. Abbreviations. 
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830 0 |a Latin American political economy. 
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