Trends in Global Industrial Policy
A novel approach to policy classification yields new insights.
A novel approach to policy classification yields new insights.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
Policy reforms need to address low financial returns which hamper the contribution of FDI to sustainable development.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.