Developing industrial policy
- Updating industry policies
Description
Developing industrial policy involves formulating and implementing coordinated government actions to stimulate targeted sectors, enhance competitiveness, and foster sustainable economic growth. This strategy addresses issues such as market failures, unemployment, and technological gaps by providing incentives, infrastructure, and regulatory support. Its practical intent is to guide investment, encourage innovation, and build resilient industries, thereby remedying structural weaknesses and promoting balanced development within the national and global economy.
Broader
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Facilitates
Facilitated by
Problem
Reference
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
- Industry » Industry
- Development » Development
- Policy-making » Policy
Content quality
Yet to rate
Language
English
1A4N
U0499
DOCID
13104990
D7NID
194466
Editing link
Official link
Last update
Dec 3, 2024