Industrial policy has recently seen a renewed interest at both the political and the theoretical level, and has been much debated. This paper argues that an important research issue to address now is what industrial policy should be implemented, namely what set of instruments are to be applied...

In this paper, we discuss the implications of the financial crisis for industrial policy. We show that despite official discourse, industrial policy has continued to exist during the liberal years of essentially the 1990s, in order to accompany important structural changes firms had to face. The...