02302nam a22003737u 4500 pwiiw4525 OSt 20260516120039.0 180514t2018 au ||||| |||| 00| ||eng d OSt eng L16 L52 F15 F14 F63 jelc Landesmann, Michael Structural Change, Trade and Global Production Networks Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2018. 33 S., 1 Table and 10 Figures, 30cm. wiiw Policy Notes and Reports 21 An ‘Appropriate Industrial Policy’ for Peripheral and Catching-up Economies The global economy has been undergoing rapid structural change: the impressive development processes in a range of emerging economies have induced strong shifts in global trade shares; international production networks (IPNs) are characterising regional and global trading relationships and we observe also persistent changes in the positions of countries in global value chains due to rather rapid technological and human capital upgrading. The aim of this paper is to assess these developments, but also discuss the importance of – what we call – ‘appropriate industrial policy’ (AIP) for countries at different developmental stages to support their position in the current global context. We emphasise in particular the role of AIP for European low- and medium-income economies (LMIEs) as the recent financial and economic crisis has shown that they are particularly vulnerable with respect to ‘structural external imbalances’ and thus policies to support their tradable sectors are of great importance. appropriate industrial policy structural change structural upgrading Emerging Europe emerging economies international production networks global value chains catching up industrial policy and industrial organisation European Union International Trade, Competitiveness and FDI Stöllinger, Roman 21 WIIW0000092 wiiw Policy Notes and Reports https://wiiw.ac.at/p-4525.html P 8510 8510 0 0 0 0 BIB BIB 1 2018-05-14 pwiiw4525 0 /21 1000010004525 2018-05-14 00:00:00 2018-07-19 P