IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/20357_5.html
   My bibliography  Save this book chapter

Industrialization, economic and political power

In: Handbook of Industrial Development

Author

Listed:
  • Graham Brownlow

Abstract

The mixed historical fortunes of industrial development strategies globally are connected to the persistence of inefficient institutions. In other words, "big bills" have remained on some sidewalks. The persistence of inefficient institutions reinforces the arguments of those economic historians that have highlighted the existence of multiple possible industrialization paths rather than those that have presented history as following a single predetermined path (or set of stages) leading towards modernity. Britain's role as the first industrial nation, its later early onset of deindustrialization and the role of institutional legacies in these processes have all been much debated. Evidence from India, based on its historical record, is also used to discuss these issues. More generally, economic historians have suggested that successful experiences of industrial policy may relate to specific institutional-historical circumstances rather than offering any easily imitated policy menu. Inefficiency cannot be simply assumed away in attempts at climbing the industrial ladder.

Suggested Citation

  • Graham Brownlow, 2023. "Industrialization, economic and political power," Chapters, in: Patrizio Bianchi & Sandrine Labory & Philip R. Tomlinson (ed.), Handbook of Industrial Development, chapter 5, pages 75-89, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20357_5
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/edcoll/9781800379091/9781800379091.00013.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:20357_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.