Industrial policy

Once deemed a costly failure, industrial policy is making a return – led by China

The Trump administration has targeted law firms, universities, think tanks, semiconductor and battery manufacturers, media companies, research, and more.
THE BROAD VIEW

Trump’s effort to pick America’s corporate winners will end badly

August polling showed that Kamala Harris has pulled ahead of Donald Trump in three key Midwestern swing states – Michigan, Wisconsin and Pennsylvania.
THE BOTTOM LINE

America needs someone to connect the economic dots

The Biden administration’s Inflation Reduction Act has multiple goals, from promoting place-based manufacturing to lowering emissions.

Getting industrial policy right is a tricky business

The nuclear option may become a necessity if Jurong Island is to continue playing a vital role in the global ecosystem of green fuels and green chemicals.
COMMENTARY

Nuclear power needed to transform Singapore’s industrial economy

America might be described as a large, bureaucratic corporation, a conglomerate that is so massive, complex, diversified and self-interested that it’s difficult for it to work effectively or productively.
THE BOTTOM LINE

America (still) has no industrial policy

Climate and industrial policy can become uncomfortable bedfellows, such as when German wind-turbine maker Siemens Gamesa gets a bail-out - is it throwing good money after bad or investing in the climate?

The false promise of green jobs

The European Union has never had an active industrial policy simply because it does not have a federal budget with which to provide large subsidies to specific sectors. But the EU does have the tools it needs to implement growth-enhancing measures of its own.

An industrial strategy for Europe

The US regulates the quantity of sugar imports, so Americans pay almost double the global average for sugar. This puts US producers of cakes and candy at a competitive disadvantage.

Boiling America’s economy

The shipping ports of Los Angeles and Long Beach. Corporations are responding to changing political winds, with executives mention “reshoring” production to their home country more frequently on earnings calls.

Governments are embracing a radical alternative to globalisation