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Subsidizing Unprofitable Industries: The Political Determinants of Agro‐Industrial Policy in French Overseas Departments

Regulation & Governance
ABSTRACTWhy do states subsidize unprofitable industries? This paper applies the Programmatic Action Framework and adapts it to neocorporatist settings to uncover the political determinants of industrial policies. Empirically, it explores how a longstanding coalition of economic, administrative and political actors has maintained public funding for the ...
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