https://www.weforum.org/agenda/2023/05/growth-summit-industrial-policy-officially-comeback-chief-economists/
The pursuit of industrial policy is increasing across governments and international blocs—especially among advanced economies. As the World Economic Forum's latest Chief Economists Outlook notes, there is a "growing prevalence of industrial policies that seek to give the state a renewed prominence in national and global economic

https://www.imf.org/en/Blogs/Articles/2024/04/12/industrial-policy-is-back-but-the-bar-to-get-it-right-is-high
April 12, 2024. Governments have traditionally used targeted interventions known as industrial policy to make domestic producers more competitive or promote growth in selected industries. While some developing countries continued to use it, industrial policy fell out of favor across most of the world for years, because of its complexity and

https://carnegieendowment.org/2023/05/22/biden-administration-s-new-vision-for-global-trade-and-investment-pub-89791
In two landmark speeches in recent weeks, Treasury Secretary Janet Yellen and National Security Advisor Jake Sullivan articulated the core principles of a new international economic order centered on industrial policy. In this vision, the U.S. government will take an active role in reshaping supply chains to ensure its national security, fight climate change, and reduce inequality.

https://hbr.org/2023/09/the-new-era-of-industrial-policy-is-here
The New World. A new age of industrial policy is at hand. Governments have been increasingly intervening in the private sector as they have struggled to cope with the pandemic, rising geopolitical

https://link.springer.com/article/10.1007/s10842-024-00419-4
In 2022, two major industrial policy-related events took place in the United States (US). First, adoption of the Creating Helpful Incentives to Produce Semiconductors and Science Act (CHIPS and Science Act) (The White House 2022), as a multi-billion initiative to make the US a leader in new technologies, particularly by boosting semiconductors research, development, and production.

https://www.economist.com/briefing/2024/05/09/the-worlds-economic-order-is-breaking-down
The EU, for its part, wants the WTO to allow space for industrial policy in future trade deals. At the same time tensions between the West and China make economic warfare ever more likely, even as

https://www.economist.com/special-report/2022/01/10/many-countries-are-seeing-a-revival-of-industrial-policy
It sounds remarkably, well, French. Western leaders justify this revived industrial policy in two ways. One is to do with preserving countries' rightful place in the global pecking order. The

https://link.springer.com/content/pdf/10.1007/s10842-024-00419-4.pdf
In the case of China, as one of the fastest industrializing countries in the world, the explicit embrace of industrial policies has been known for years. Large scale initiatives under the Made in China 2025 framework constitute some of the most recent manifestation of systematic subsidies to targeted industries.

https://www.economist.com/finance-and-economics/2023/05/11/a-new-world-order-seeks-to-prioritise-security-and-climate-change
A fter the cold war, America and Europe established an economic order based upon open markets, global trade and limited state meddling in the economy. Climate change was a distant threat. Allowing

https://www.weforum.org/events/world-economic-forum-annual-meeting-2022/sessions/a-new-era-of-industrial-policy/
A pre-pandemic movement for more directed economic growth has merged with the urgent national interests arising from the pandemic, conflict and supply chain crises. How will bigger, bolder government shape a new era of industrial policy, guide ambitious public-private co-innovation and reshape capitalism? This session was developed in partnership with France 24. This is a live-streamed session

https://growthlab.hks.harvard.edu/publications/policy-area/industrial-policy
This paper constructed a simple model to illustrate the global supply chain profit sharing and industrial upgrading mechanism, from which it was found that the average profitability distribution in the different supply chain stages was determined by two main factors: (1) the average product of the labor in the firms at each production stage; and (2) the ratio of the output elasticity of

https://www.ft.com/content/a1a99a43-eca1-42ac-942b-30351daba248
A paper on "The New Economics of Industrial Policy", published by the National Bureau of Economic Research and co-authored by Réka Juhász, Nathan Lane and Dani Rodrik, shows a steep increase

https://www.weforum.org/agenda/2018/01/five-facts-you-need-to-understand-the-new-global-order/
To get to grips with the seismic shifts taking place, consider these five facts. 1)China is in the process of surpassing the US economically. By one measure, 35% of world growth from 2017 to 2019 will come from China, 18% from the US, 9% from India, and 8% from Europe. By 2050, the top five largest global economiesare most likely to be China

https://www.cfr.org/article/curse-nostalgia-industrial-policy-united-states
The new industrial policy is about saving the environment, creating jobs, and competing with China. ... Organization for Economic Cooperation and Development, World Bank, ... Asian Economic Policy

https://blogs.worldbank.org/en/psd/industrial-policy-new-global-reality-towards-more-location-and-sector-driven-approach
At the intersection of sector, SMEs, and location, this new approach to drive structural transformation can build on a significant history of research, conceptual thinking, and policy practice in cluster-based economic development. Cluster-based approaches are no simple panacea: a lot depends on how these programs are structured.

https://www.unido.org/sites/default/files/files/2023-03/IID%20Policy%20Brief%201%20-%20Global%20Industrial%20Policy%20-%20Measurment%20and%20Results%20-%20FINAL.pdf
ity, however, and evade global surveillance more easily. Key Findings1.The amount of industrial policy globally has doubled over the past 10 years, wit. h. gh-income economies leading the race in terms of industrial policy use.2.Both industrialized and developing countries tend to ta. ge. similarly broad industries and use a common se.

https://www.economist.com/special-report/2023/10/02/new-industrial-policies-will-make-the-world-more-unequal
In 1990 about 30% of workers in the rich world were in industrial jobs, broadly defined. Now about 20% are. Over the same period, pre-tax income inequality rose sharply. Especially from the 1990s

https://www.vox.com/policy/2023/4/5/23668755/industrial-policy-biden-chips
Biden's industrial policy is both a sharp break from neoliberalism and a rediscovery of an old American idea. by Alex Yablon. Apr 5, 2023, 5:00 AM PDT. President Joe Biden visits the

https://drodrik.scholar.harvard.edu/links/industrial-policies-old-and-new
Industrial Policies: The Old and the New ReSES - Rethinking the Serviceability of Economics, March 6, 2024 ... The Climate and Debt Crises Must Be Solved Together: The World Needs to Connect Green Investments, Loan Relief and Growth. Prospect, June 10, 2024. Don't Fret About Green Subsidies ... How Productivism Can Build a New Economic

https://hbr.org/1994/11/power-and-policy-the-new-economic-world-order
Power and Policy: The New Economic World Order. In the last three years, we have been told again and again that the industrialized world is undergoing a crisis—its worst one since 1945

https://drodrik.scholar.harvard.edu/sites/scholar.harvard.edu/files/dani-rodrik/files/the_new_economics_of_ip_081423.pdf
Industrial policy is much discussed but rarely explicitly defined. We define industrial policies as those government policies that explicitly target the transforma on of the structure of economic ac vity in pursuit of some public goal. The goal is typically to s mulate innova on, produc vity, and economic growth.

https://en.wikipedia.org/wiki/New_Economic_Policy
The New Economic Policy (NEP) (Russian: Новая экономическая политика (НЭП), romanized: Novaja ekonomičeskaja politika) was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would include "a free market and capitalism, both subject to state control

https://www.euractiv.com/section/economy-jobs/news/eu-pushes-back-on-imf-criticism-of-inward-looking-industrial-policies/
A senior EU official pushed back on the IMF's recommendation that countries should pursue policies that encourage the diffusion of new technologies, arguing that the EU must sometimes introduce

https://www.economist.com/special-report/2023/10/02/new-industrial-policies-will-not-help-economic-stability
Under the neoliberal global order, the rate of fatal occupational injuries outside the rich world fell from over ten per 100,000 in the year 2000 to a little over three.

https://www.bloomberg.com/news/articles/2024-06-18/us-industrial-output-rises-more-than-forecast-in-broad-advance
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

https://cepr.org/voxeu/columns/new-economics-industrial-policy
Industrial policy is at the heart of the current economic discourse, propelled by major legislative acts from the Biden administration. This column presents an analysis of the 'New Economics of Industrial Policy', synthesising emerging literature to understand these complex policies. It highlights the broader objectives of modern industrial policy, extending beyond traditional sectoral

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/
Key Finding. The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products valued at approximately $380 billion in 2018 and 2019, amounting to one of the largest taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government