-the role of the State that affect the development of the industry.
● Policies and measures of the Government in the development of the industry.
● Money market and capital market to the development of the industry.
● The laws that affect the development of the industry.
● State institutions with the development of the industry.
The impact from industrial
to developing countries would not deny that the investment in the industrial sector, which is. Helping the domestic economy and better results in public works revenue. For use in living However, developing countries will be stable, it must have a policy to develop industry in Thailand. The ability of the population in the country. Currently, the operators in the industry that has been popular enough. The yield reasonably well. Which are invested in the industry that are both useful and it goes together. If you look on the positive side, the investment industry has benefited thousands. Such as in the fields of economy, the economy of the country for better results. The population has more income also lead to the development of the country. But the industry is not just useful. If we look at the negative aspects of the industry already. Industry has taken no less than the benefits of it.
The strategy in the development of the industry.
● Industrial policies (industrial policy), refer to the operation guidelines to make any one industry or industry sectors within the country. There is a growing (growth) and development (development)
● The strategy of industry (industrial strategy) refers to a target audience that will be developed into a policy.
1) The role of the State that affect the development of the industry.
● Policies and measures of the Government in the development of the industry.
● Money market and capital market to the development of the industry.
● The laws that affect the development of the industry.
● State institutions with the development of the industry.
2) The role of the State in the development of the industry.
● Emphasis on State intervention in the market system, to change the structure of production quickly.
● Believes that free trade and market systems are unable to allocate resources effectively and achieving maximum people because there is competition in the market is not complete is not a result from the size (Economies of scale of Absence), and there are no external feature of the result (the Absence of Externalities).
3) Traditional industrial development policy
● policy production to replace imports. Which imports goods industries from developed countries
● Reason for policy makers to replace imports
- reducing dependence on imported industrial goods
- agricultural products with low prices and declining
- agricultural unemployment. Latency
- the free markets and free trade are unfavorable to the development of the industry ● Measures of manufacturing policy for import substitution measure is to reduce imports of industrial goods such as tariffs and quantitative restrictions or import quotas.