The Political Economy of Industrial Strategy in the UK

In the wake of the 2008 global financial crisis, departure from the EU and the Covid-19 pandemic shocks, this book is one of the most impressive and convincing attempts to demonstrate how industrial policy can help deal with the enormous challenges facing the UK – from reducing social, economic and geographical inequalities, to decarbonising the economy and creating high-quality employment opportunities – and also clearly shows the necessity of a new economic imaginary in which a progressive industrial policy can succeed. -- Valbona Muzaka, King's College London
This is an excellent and wide-ranging look at the problems and possibilities of Britain’s approach to industrial policy. The post-Covid recovery makes it especially relevant. -- Duncan Weldon, Britain Economics Correspondent, The Economist
The industrial strategy debate in the UK tends to be framed narrowly in terms of finding solutions to the 'productivity puzzle'. But this book offers a breath of fresh air and a compelling case for framing the debate in far more capacious terms. In short, it demonstrates how a progressive industrial strategy can help to fashion an inclusive well-being economy. -- Kevin Morgan, Professor of Governance and Development, Cardiff University
An important contribution to the academic literature on UK industrial policy, and more broadly, to discussions on change and continuity in economic policy ... this book will appeal to a broad audience. Researchers and students interested in economic policy and the persistence of neoliberalism will find it useful. Moreover, policy makers, international organizations and NGOs will find important insights for future policy designs. -- Competition and Change