Shaping tomorrow's industry: The new era of industrial policy
Industrial policy has resurged in importance on government agendas, propelled by global events like the COVID-19 pandemic and megatrends such as Industry 4.0 and climate change. The pandemic laid bare supply chain vulnerabilities, underscoring the pivotal role of industrial development in economic growth and addressing climate change. As nations strive to fortify economic resilience and competitive edges amidst financial, climate, and health crises, understanding global industrial policies becomes increasingly critical.
The Industrial Development Report 2024 contributes to this discussion by providing a valuable guide for developing countries in forging impactful and future-oriented industrial policy. It calls for bold actions to channel investments into sustainable industrial development to accelerate progress towards the achievement of the Sustainable Development Goals (SDGs). The report describes the current industrial policy landscape in different regions of the world and provides actionable strategies that focus on digitalization, job creation and industrial decarbonization, guiding these regions towards sustainable and inclusive industrial growth.
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Trends in Global Industrial Policy Trends in Global Industrial Policy
A novel approach to policy classification yields new insights.
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Mission-oriented industrial strategies for achieving the SDGs Mission-oriented industrial strategies for achieving the SDGs
Industrial strategies can steer the direction of growth towards well-defined goals.
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Development finance institutions are key to sustainable industrial development Development finance institutions are key to sustainable industrial development
An analysis of DFIs policy flow from the decision to implementation level.
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Aligning digital and industrial policy to foster future industrialization Aligning digital and industrial policy to foster future industrialization
Four emerging approaches to national data policies, as data is becoming a key component of the digital economy.
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Who is at the forefront of the green technology frontier? Who is at the forefront of the green technology frontier?
The manufacturing sector emerges as the dominant force in driving the green technological revolution.
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Green industrial policy: How can we align consumption, production and innovation? Green industrial policy: How can we align consumption, production and innovation?
A three-dimensional taxonomy for designing and assessing green industrial policies for sustainable development.
