Mission-Oriented Finance for Innovation New Ideas for Investment-Led Growth

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Free Download Mission-Oriented Finance for Innovation : New Ideas for Investment-Led Growth By Mariana Mazzucato; Caetano C. R. Penna
2015 | 175 Pages | ISBN: 1783484950 | EPUB | 1 MB
The role of the state in modern capitalism has gone beyond fixing market failures. Those regions and countries that have succeeded in achieving "smart" innovation-led growth have benefited from long-term visionary "mission-oriented" policies--from putting a man on the moon to tackling societal challenges such as climate change and the wellbeing of an ageing population. This book collects the experience of different types of mission-oriented public institutions around the world, together with thought-provoking chapters from leading economists. As the global debate on deficits and debt levels continues to roar, the book offers a challenge to the conventional narrative--asking what kinds of visionary fiscal policies we need to help promote "smart" innovation-led, inclusive, and sustainable growth.



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