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.
A sociotechnical approach offers a framework for understanding the various facets and interactions of the industry.
Identifying and leveraging trade, investment and industrial policies that can attract and retain intangible capital.
Policy reforms need to address low financial returns which hamper the contribution of FDI to sustainable development.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.