KEY OBJECTIVES OF INDUSTRIAL RECOVERY IN A POST WAR PERIOD: LESSONS FROM GLOBAL EXPERIENCE
KEY OBJECTIVES OF INDUSTRIAL RECOVERY IN A POST WAR PERIOD: LESSONS FROM GLOBAL EXPERIENCE

Summary/Abstract: The paper performs a multi-dimensional analysis the international experience of post war reconstruction of industrial sector. Economic recovery policies after World War II and other wars in the Western and Eastern Europe are considered, as well as those in Balkan, Asian countries, Egypt, and Israel. The research methodology includes the comparison of the initial state of industrial development and the results of industrial strategies applied to it, and allows to identify the social, political, economic, and institutional specificities of the relevant policies in the mentioned countries. Positive and negative practices of industrial reconstruction strategies and policies and their reasons are determined and summarized. Recommendations regarding avoiding counterproductive solutions and implementing successful industrial policy instruments in post war market economies are developed.

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