By David Coates (eds.)
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Additional info for Industrial Policy in Britain
203). 4 Policy towards manufacturing, 1970-79 The 1970s saw the faltering performance of manufacturing industry in Britain reflected in a series of rescues of ailing manufacturers by both Labour and Conservative Governments. The Conservatives spent their years of opposition between 1964 and 1970 developing a programme for government which emphasised administrative reform of central government, limited disengagement of the state from industry, British membership of the EEC, and removal of the disruptive influence of trades unions on the management of British industry, as the keys to an improved industrial performance.
272). 1 Industrial policy and other policy areas (SOURCE: Thompson, 1989, p. 60) ~ Regional Policy INDUSTRIAL POLICY .............. 'New' links attempted in post-1980s Key Employment Policy Fiscal Policy Tax Policy 'Social' Welfare/ : : 'CompetitivenesslTrade Policy' -International Financial Policy I I ~~------------" Indigenous 'TastesIWants' .. - - - - - - - - - - - - - - 1 25 26 Introduction and procedures, governments invariably prioritise certain areas of action (any or all of competition policy at home, foreign trade policy, and direct regulation and industrial targeting) which they work on through the use of a number of policy instruments (any or all of procurement policy, administrative and legal regulations, the disbursement of public funds, and the direct or indirect supply of infrastructure and factors of production).
That broader dimension is the place occupied by industrial policy as a whole in the institutional arrangements and governing philosophies of different state systems. Industrial policy is not shaped just by the exigencies of particular industrial problems. It is also shaped by the persistence of more deeply entrenched and longer established habits of mind and ways of acting in the political system and industrial structures of which it is a part. Around the edge of the study of industrial policy therefore, we shall need to look for and identify these broader, more general characteristics of state-industry interaction.