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Industrial Policy
Industrial policy is proactive government-led encouragement and development of specific strategic industries for the growth of all or part of the economy, especially in absence of sufficient private sector investments and participation. Historically, it has often focused on the manufacturing sector, militarily important sectors, or on fostering an advantage in new technologies. In industrial policy, the government takes measures "aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation". A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. Industrial policies are economic interventionism, interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade policy. Industrial policy is usually seen as separate from broader Macroeconomic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Reagan
Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. He was a member of the Republican Party (United States), Republican Party and became an important figure in the American conservative movement. Presidency of Ronald Reagan, His presidency is known as the Reagan era. Born in Illinois, Reagan graduated from Eureka College in 1932 and was hired the next year as a sports broadcaster in Iowa. In 1937, he moved to California where he became a well-known film actor. During his acting career, Reagan was president of the Screen Actors Guild twice from 1947 to 1952 and from 1959 to 1960. In the 1950s, he hosted ''General Electric Theater'' and worked as a motivational speaker for General Electric. During the 1964 United States presidential election, 1964 presidential election, Reagan's "A Time for Choosing" speech launched his rise as a leading conservative figure. After b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reagan Administration
Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following his landslide victory over Democratic incumbent president Jimmy Carter and independent congressman John B. Anderson in the 1980 presidential election. Four years later in the 1984 presidential election, he defeated Democratic former vice president Walter Mondale to win re-election in a larger landslide. Reagan served two terms and was succeeded by his vice president, George H. W. Bush, who won the 1988 presidential election. Reagan's 1980 landslide election resulted from a dramatic conservative shift to the right in American politics, including a loss of confidence in liberal, New Deal, and Great Society programs and priorities that had dominated the national agenda since the 1930s. Domestically, the Reagan administration enacted a major tax cut, sought to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Chain
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of Value (economics), value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, ''Competitive Advantage: Creating and Sustaining Superior Performance''. According to the OECD Secretary-General , the emergence of global value chains (GVCs) in the late 1990s provided a catalyst for accelerated change in the landscape of international investment and trade, with major, far-reaching consequences on governments as well as enterprises . Role of the business unit According to Porter, the appropriate level for constructing a value chain is the business unit within a business,Michael E. Porter (1985) Competitive advantage: creating and sustaining superior performance. The Free Press not a division (business), business division or the company as a whole. Porter is concerned that analy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Cluster
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Accounting is a part of the business cluster. In urban studies, the term agglomeration is used.Porter, M. E. 1998Clusters and the New Economics of Competition ''Harvard Business Review'', Nov/Dec98, Vol. 76 Issue 6, p77, Clusters are also important aspects of strategic management. Concept The term business cluster, also known as an industry cluster, competitive cluster, or Porterian cluster, was introduced and popularized by Michael Porter in ''The Competitive Advantage of Nations'' (1990). The importance of economic geography, or more correctly geographical economics, was also brought to attention by Paul Krugman in ''Geography and Trade'' (1991). Cluster development relies on the underlying concepts established by Alfred Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TRIPS
Trip may refer to: Arts and entertainment Books Fictional characters * Trip (''Pokémon''), a ''Pokémon'' character * Trip (Power Rangers), in the American television series ''Time Force Power Rangers'' * Trip, in the 2013 film '' Metallica Through the Never'' * Trip the Sungazer, in the video game '' Sonic Superstars'' * Trip Fontaine, in the novel '' The Virgin Suicides'' * Trip Tucker, in the television series ''Star Trek: Enterprise'' Film and television Films * ''The Trip'' (1967 film), an American film directed by Roger Corman * ''The Trip'' (2002 film), an American gay romance film * '' A Trip'', a 2011 Slovenian film * ''Trip'' (film), a 2021 Indian Tamil-language film * ''The Trip'' (2021 film), a Norwegian action-comedy film * ''The Trip'' (upcoming film), an upcoming American psychological thriller film Television =Series= * ''The Trip'' (1999 TV series), a British documentary series * ''The Trip'' (2010 TV series), a British sitcom * ''Trip'', a comedy pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agreement On Trade-Related Investment Measures
The Agreement on Trade-Related Investment Measures (TRIMs) are rules that are applicable to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO's predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement was agreed upon by all members of the World Trade Organization. Trade-Related Investment Measures is one of the four principal legal agreements of the WTO trade treaty. TRIMs are rules that restrict preference of domestic firms and thereby enable international firms to operate more easily within foreign markets. Policies such as local content requirements and trade balancing rules that have traditionally been used to both promote the interests of domestic industries and combat restrictive business practices are now banned. Origin In the late 1980s, there was a significant increase in foreign direct investment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Under Japanese Rule
From 1910 to 1945, Korea was ruled by the Empire of Japan under the name Chōsen (), the Japanese reading of "Joseon". Japan first took Korea into its sphere of influence during the late 1800s. Both Korea (Joseon) and Japan had been under policies of isolationism, with Joseon being a Tributary system of China, tributary state of Qing China. However, in 1854, Perry Expedition, Japan was forcibly opened by the United States. It then rapidly modernized under the Meiji Restoration, while Joseon continued to resist foreign attempts to open it up. Japan eventually succeeded in opening Joseon with the unequal Japan–Korea Treaty of 1876. Afterwards, Japan embarked on a decades-long process of defeating its local rivals, securing alliances with Western powers, and asserting its influence in Korea. Japan Assassination of Empress Myeongseong, assassinated the defiant Korean queen and intervened in the Donghak Peasant Revolution.Donald Keene, ''Emperor of Japan: Meiji and his World, 1852 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atul Kohli
Atul Kohli is a professor of politics and international affairs at Woodrow Wilson School of Public and International Affairs, Princeton University. Education and career Kohli was promoted to full professor in 1991, and was also appointed as David K.E. Bruce Professor of International Affairs at Princeton in 2002. Kohli is also the Editor in Chief of the journal of World Politics. In addition, he served as the Vice President of the American Political Science Association from 2009 to 2010. Kohli completed his bachelor's in sociology and mathematics, and a master's in International Affairs from Carleton University. He went on to obtain his PhD in Political Science at University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after t ... in 1981. His principal resea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton University
Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The institution moved to Newark, New Jersey, Newark in 1747 and then to its Mercer County, New Jersey, Mercer County campus in Princeton nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate instruction in the hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of International Trade And Industry
The was a Ministry (government department), ministry of the Government of Japan from 1949 to 2001. The MITI was one of the most powerful government agencies in Japan and, at the height of its influence, effectively ran much of Japanese industrial policy, funding research and directing investment. In 2001, MITI was merged with other agencies during the 2001 Central Government Reform, Central Government Reform to form the newly created Ministry of Economy, Trade and Industry (METI). History MITI was created with the split of the Ministry of Commerce and Industry (Japan), Ministry of Commerce and Industry in May 1949 and given the mission for coordinating international trade policy with other groups, such as the Bank of Japan, the Economic Planning Agency, and the various commerce-related Cabinet (government), cabinet ministries. At the time it was created, Japan was still recovering from the economic disaster of World War II. With inflation rising and productivity failing to kee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Developmental State
Developmental state, hard state, State-led developmentalism or in some cases Neo-developmental state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century. In this model of capitalism (sometimes referred to as state-development capitalism), the state has more independent, or autonomous, political power, as well as more control over the economy. A developmental state is characterized by having strong state intervention, as well as extensive regulation and planning. The term has subsequently been used to describe countries outside East Asia that satisfy the criteria of a developmental state. The developmental state is sometimes contrasted with a predatory state or weak state. The first person to seriously conceptualize the developmental state was Chalmers Johnson.Leftwich, Adrian, "Bringing politics back in: Towards a model of the developmental state", ''Journal of Developme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
