Industrial Policy
9 Threads
In 2015, China announced the Made in China 2025 industrial policy. In 2024, China have became the leader or major player in all sectors targeted by the policy. The last bastion,...
1/12 "The new elite project is industrial policy, with a focus on creating national champions," Raghuram Rajan says, adding that "countries will have to relearn the lesson that gov...
How China is reshaping global value chains in 3 charts. First, a decent chunk of the decline in its imports this year is due to a decline in the processing trade. Final assembly of...
There’s a massive boom in US manufacturing 🏭 thanks to the Chips Act, the IRA and the Infrastructure Bill 💥 Short 🧵 below on industrial policy, trade, clean energy, globalization...
Most economists are using the wrong objectives to evaluate China’s industrial policy. It’s not about picking winners but about dramatically lowering prices for strategic goods that...
I argue that industrial and economic growth strategies cannot be uniform across regions in a vast and diverse country like India in this published in @IsleTweets @SpringerNature ‘E...
This “India needs Free Trade and lower tariffs” is one of the most egregiously misinformed screeds that ignorant western commentators subject us to with nauseating regularity. Her...
Was looking to buy a new watch when I stumbled upon this fascinating history of Japanese watchmaking and how they unseated the Swiss. Many lessons in Industrial policy for us here....
Here’s what happened in India this week. We're focusing on manufacturing incentives and growth. A 🧵1/13:
