With the advent of Thatcherism in the UK and Reaganomics in the
USA, 'industrial policy' had become something of a discredited
notion in the 1980s. The emphasis had shifted to programmes of
deregulation, de-nationalization, and tax reform. The essays in
this challenging and vigorous collection, first published in 1989,
sprung from work that had been conducted in the USA, notably at the
Harvard Business School, on reappraising the role of the public
sector in industrial management. This American work suggested ways
in which public sector and other bodies might have revitalized
industrial life. This book is ideal for students of business and
economics.
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