Industrial Policy
Coverage of Industrial Policy in the Nexus archive.
- What Biden Changed About American Foreign Policy
The article discusses the debate within the Democratic Party over Biden's foreign policy legacy, contrasting views between strategic competition and restraint. It highlights Biden's shift from neoliberal globalization to domestic industrial strength and confrontational approaches toward China and Russia, as outlined by National Security Adviser Jake Sullivan.
- Brazil Adds $25.6 Billion to Its Industrial Policy in an Election Year
Brazil has allocated $25.6 billion (140 billion reais) to its industrial policy through BNDES and Finep by December, part of an election-year initiative to boost factories and technology.
- EU leaders ask Brussels to come up with new trade weapons to counter China shock
European Union national leaders requested Brussels to develop new trade instruments to address economic threats from China, following a summit debate. The EU's executive was instructed to engage with China to resolve trade issues and enhance trade defense and industrial policy tools.
- How Pakistan stabilised its way into poverty in 21 graphs
Pakistan's Economic Survey highlights a hard-won stabilization in economic conditions but underscores unresolved root issues: an underperforming tax system, uncompetitive exchange rate, flawed industrial policy, and a broken fiscal federalism model. The government achieved back-to-back primary surpluses in FY2024 and FY2025, marking the first such streak in two decades, while inflation has decreased.
- Europe’s fears about China trade threat miss the point
Europe’s leaders view China’s economic dominance as a threat, citing subsidies, technology theft, state-owned enterprises, and industrial policy. Cecilia Malmstrom, a European Parliament member, highlights China’s aggressive industrial policy as a growing concern.
- China’s comparative advantage is industrial policy
China's industrial policy is highlighted as a comparative advantage, with the article stating that Western attempts to replicate Beijing's state-funded model are unwise.
- The World Bank defends its controversial report on industrial policy
The World Bank has defended its controversial report on industrial policy, with chief economist Indermit Gill stating the bank did not reverse its stance but acknowledged that global circumstances have shifted.
- Has the World Bank performed a U-turn on industrial policy?
The article questions whether the World Bank has reversed its stance on industrial policy, suggesting that those who believe so should closely examine its new report. It highlights the need for careful analysis of the report to determine any policy shifts.