Spotlight on Public Support to Industry [electronic resource] /
Pretschker, UdoAuthor
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and DevelopmentContributor
Murphy, MarianContributor
Organisation for Economic Co-operation and DevelopmentContent Provider
Organisation for Economic Co operation and DevelopmentContent Provider
Paris : OECD Publishing,
1998.
Every year, up to US$45 billion are transferred from public budgets to manufacturing industry through support programmes in OECD countries. It is essential to perceive the significance of such support if we are to understand the role it plays in structural adjustment strategies and the side-effects it can have on trade, competitiveness and investment. In a globalising economy characterised by greater international competitiveness, the need for transparency is becoming increasingly apparent.This study provides the first comprehensive review of public support to industry. It makes use of a unique set of data covering 25 countries to monitor, analyse and evaluate support policies at both the international and the national level. A more in-depth analysis of support programmes is provided through 17 case studies focusing on individual countries. Special attention is also given to support for industrial R&amp;D and for physical and intangible investment. This study shows that, in nearly all OECD countries, efforts must be made to limit the trade distortions that subsidies can produce and to contain public spending on industry support programmes, given the need for fiscal consolidation. This unique study is an invaluable analytical tool that will help us to meet these challenges.
Summary -- Part I: Scope, Methodology, and Procedures -- Part II: Overall Trends -- Chapter 1. Overall Trends of Public Support -- Chapter 2. Support by Policy Objective -- Chapter 3. The Monitoring of Financial Issues -- Chapter 4. Public and Defence-Related Procurement -- Part III: Country-Specific Analysis of the Database -- Chapter 5. Austria -- Chapter 6. Belgium -- Chapter 7. Czech Republic -- Chapter 8. Denmark -- Chapter 9. Finland -- Chapter 10. France -- Chapter 11. Germany -- Chapter 12. Hungary -- Chapter 13. Iceland -- Chapter 14. Japan -- Chapter 15. Norway -- Chapter 16. Portugal -- Chapter 17. Spain -- Chapter 18. Sweden -- Chapter 19. Switzerland -- Chapter 20. Turkey -- Chapter 21. United Kingdom -- Chapter 22. Commission of the European Communities -- Part IV: Public Support to Industrial R&amp;D Efforts -- -Chapter 23. General Features of Industrial R&amp;D in the OECD Area -- Chapter 24. Overall Analysis of Public Support to Industrial R&amp;D Efforts -- Chapter 25. The Globalisation of R&amp;D Support -- Chapter 26. Country Specific Features of Public Support to Industrial R&amp;D -- Part V: Public Support to Physical and Intangible Investment -- -Chapter 27. Introduction -- Chapter 28. Public Support to Physical and Intangible Investment from 1986 to 1989 -- Chapter 29. Public Support to Physical and Intangible Investment 1989-93 -- Chapter 30. Recent Developments in Selected Countries -- Part VI. Conclusions
Every year, up to US$45 billion are transferred from public budgets to manufacturing industry through support programmes in OECD countries. It is essential to perceive the significance of such support if we are to understand the role it plays in structural adjustment strategies and the side-effects it can have on trade, competitiveness and investment. In a globalising economy characterised by greater international competitiveness, the need for transparency is becoming increasingly apparent.This study provides the first comprehensive review of public support to industry. It makes use of a unique set of data covering 25 countries to monitor, analyse and evaluate support policies at both the international and the national level. A more in-depth analysis of support programmes is provided through 17 case studies focusing on individual countries. Special attention is also given to support for industrial R&amp;D and for physical and intangible investment. This study shows that, in nearly all OECD countries, efforts must be made to limit the trade distortions that subsidies can produce and to contain public spending on industry support programmes, given the need for fiscal consolidation. This unique study is an invaluable analytical tool that will help us to meet these challenges.
Bibliographic Level Mode of Issuance: Monograph
Industry and Services
Subsidies
Industrial policy
Business & Economics
Economic History