Industrial policy in a new global reality
A new location- and sector-focused approach to drive structural transformation.
A new location- and sector-focused approach to drive structural transformation.
The coronavirus pandemic has highlighted the importance of international cooperation for better future pandemic preparedness.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.