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A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...
Despite decades of bipartisan attempts, industrial policy keeps failing to deliver on promises from both the left and the right.
The 1956 policy continued to constitute the basic economic policy for a long time. This fact has been confirmed in all the Five-Year Plans of India. According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of society. It provided more powers to the governmental machinery.
A close election reveals an underdiscussed flaw in policies designed to beat the free market.
Industrial democracy is an arrangement which involves workers making decisions, sharing responsibility and authority in the workplace. While in participative management organizational designs workers are listened to and take part in the decision-making process, in organizations employing industrial democracy they also have the final decisive ...
All those who are going to be crushed by the falling pieces will wish they had compromised earlier, worked toward a coherent industrial policy, and stopped believing in the myth of free trade.
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. [1] It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products.
Thus, the General Conference, the Industrial Development Board (IDB) and the Programme and Budget Committee (PBC) are anchored in the Constitution. Substantive decisions of the policy-making organs are generally taken by consensus. A vote takes place when no consensus can be reached or on specific request of a member of the policy-making organ [27]