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Titlebook: Industrial Policy in Europe, Japan and the USA; Amounts, Mechanisms Pierre-André Buigues,Khalid Sekkat Book 2009 Palgrave Macmillan, a div

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Argument Against Public Support: Government Failuresg by government officials. While the first two arguments are inherent in many public policies (including public support to business) the third is more likely with public support to business. Since government officials have the power to grant concrete benefits to specific actors in the economy, they may be prone to corruption.
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Public Support in Franceand it was produced in the perspective of the main Lisbon Summit resolution, to make Europe ‘the most competitive and dynamic knowledge economy in the world’. This report highlighted, within a historical perspective, certain specificities of French industrial policy.
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Argument Against Public Support: Government Failuresent failures may occur because of information imperfection. They may also occur because of conflict with other public policies or self-interest seeking by government officials. While the first two arguments are inherent in many public policies (including public support to business) the third is more
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