Whatever Happened to Industry Policy in Australia?

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Title Whatever Happened to Industry Policy in Australia?
Author Conley, Tom James; van Acker, Elizabeth Hubertina
Journal Name Australian Journal of Political Science
Editor Geoffrey Stokes and Marian Simms
Year Published 2011
Place of publication Australia
Publisher Routledge
Abstract Since the 1980s and early 1990s, there have been few constructive developments towards a comprehensive and coherent productivity-enhancing agenda. Labor governments have often provided rhetorical support but have fought over whether industry policy represents a new protectionism or market-enhancing development policy. The Coalition in opposition and in office has generally opposed the idea of industry policy, but has continued to support ad hoc and costly policy interventions. Australia's 20 years without a recession has disguised the need to reconsider industry policy and questions of economic diversity. This article argues that dealing with problems of economic structure – particularly resource dependence and climate change adaptation – requires a revitalisation of the industry policy debate. It tracks the theory and practice of industry policy in Australia and concludes that advocates for industry policy must formulate new policy ideas outside the framework of the traditional divide between intervention and free markets.
Peer Reviewed Yes
Published Yes
Alternative URI http://dx.doi.org/10.1080/10361146.2011.596522
Volume 46
Issue Number 3
Page from 503
Page to 517
ISSN 1036-1146
Date Accessioned 2012-01-10; 2012-02-14T04:05:35Z
Research Centre Centre for Governance and Public Policy
Faculty Griffith Business School
Subject Australian Government and Politics; Political Science
URI http://hdl.handle.net/10072/42535
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1

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