{"product_id":"in-pursuit-of-prosperity-charles-r-hankla-9780472057467","title":"In Pursuit of Prosperity: Industrial Policy and the Politics of Economic Upgrading","description":"With so many states committed to economic transformation and experts ready to provide technical advice on how to accomplish it, why are outcomes so mixed? \u003ci\u003eIn Pursuit of Prosperity\u003c\/i\u003e examines the process of upgrading--moving to more valuable activities in production, improving technology, knowledge, and skills, and participating in global value chains--and develops a new theory to explain the form and success of national policies designed to promote it. \u003cp\u003e\u003c\/p\u003e With a mixed-methods approach, Charles R. Hankla draws upon archival research and interviews from postwar France and post-independence India as well as quantitative models of the outcomes in sixteen countries across six decades. He finds that the politics of a state affects its ability to improve their economy. When the state and private sectors are aligned in their institutional structures, which happens more commonly in corporatist and pluralist systems, industrial policy tends to be more effective. It is when the state or the private sector independently dominates industrial policy that poor outcomes are most likely. Rather than being fixed characteristics of countries, \u003ci\u003eIn Pursuit of Prosperity\u003c\/i\u003e shows that policymaking styles vary across time and across sectors of the economy, reflecting the changing power dynamics and organizational resources of state and private actors. In doing so, the book sheds light on how industrial policy--which is experiencing a comeback in the United States and beyond--can best be harnessed for upgrading. It offers a valuable contribution to our understanding of the complex relationship between state politics and economic performance in the modern globalized context.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Charles R. Hankla\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0472057464\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780472057467\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Michigan Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/09\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 248\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.00lbs","brand":"Charles R. Hankla","offers":[{"title":"Paperback","offer_id":48930233680127,"sku":"9780472057467","price":34.95,"currency_code":"USD","in_stock":false}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/in-pursuit-of-prosperity-charles-r-hankla-9780472057467","provider":"WR Book House","version":"1.0","type":"link"}