Industrial Policy and Imperial Realignment
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Industrial Policy and Imperial Realignment
More than 2500 industrial policies were recorded in 2023—more than half of them from the US, Europe, and China. Advanced economies and developing countries alike are embracing more interventionist policies and engaging in policy experimentation. Across the former, industrial policy now drives advances in artificial intelligence (AI), semiconductors, quantum computing, and clean energy; strengthens supply chain resilience; and “reshores” critica…
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