Trends in Global Industrial Policy
A novel approach to policy classification yields new insights.
A novel approach to policy classification yields new insights.
A sociotechnical approach offers a framework for understanding the various facets and interactions of the industry.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.