National policy for internationalized industries : neo-liberal interventionism and the UK aerospace industry
By: MCGUIRE, Steven
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ArticlePublisher: London : Routledge, June 1997Journal of European Public Policy 4, 2, p. 190-205Abstract: The article examines the current reassessment of British policy for the aerospace industry in terms of new theoretical work on state-firm relations. This new work suggests that globalization is affecting traditional patterns of industrial policy-making. Firms are now the dominant actors in the market-place and the role of government is defined by two goals: supporting home firms in international competition, and making the domestic economy an attractive place for foreign firms to do business. The article seeks to examine these arguments via a consideration of UK aerospace policy.
The article examines the current reassessment of British policy for the aerospace industry in terms of new theoretical work on state-firm relations. This new work suggests that globalization is affecting traditional patterns of industrial policy-making. Firms are now the dominant actors in the market-place and the role of government is defined by two goals: supporting home firms in international competition, and making the domestic economy an attractive place for foreign firms to do business. The article seeks to examine these arguments via a consideration of UK aerospace policy.
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