Amidst slower global growth, a shifting labor market, and rising protectionism, governments around the world are increasingly turning to a once controversial policy. Industrial policy—the range of ...
Industrial policy has become a central focus of economic strategy as governments seek to rebuild supply chains, foster innovation and strengthen resilience. Novel industrial strategies go beyond ...
China has long identified specific sectors as future engines of growth and recipients of expansive state subsidies. Despite charges of economy-wide imbalance, overcapacity, and, most recently, ...