Industrial Policy

Antitrust and Competition

Data Suggests Not All Industrial Policy Sacrifices Competition by Design

Petros Boulieris

In new research, Petros Boulieris, Bruno Carballa-Smichowski, Maria Niki Fourka and Ioannis Lianos analyze industrial policy from around the world to understand how policymakers are rethinking policy goals. The authors create a set of metrics to measure how different policy orientations improve or sacrifice competition.

Antitrust and Competition

Creating a Robust Economy Requires a Corporate-Governance Policy Response

William Lazonick

William Lazonick writes that recent United States industrial policy initiatives miss the centrality of corporate resource allocation for creating a robust economy, characterized by...

Commentary

America’s Advantage in Clean Production Can Make Manufacturing Great Again

Karthik Ramanna

Karthik Ramanna writes that if the United States adopts a trade policy based on a dynamic emissions accounting method, it can achieve President Donald Trump’s goal of leveling the manufacturing playing field for American companies by penalizing foreign “dirty” producers, while also mitigating inflation and the risk of a trade war.

Commentary

What’s Ahead For The U.K.’s Industrial Policy Under Labour

Diane Coyle

The United Kingdom has struggled to implement long-term industrial policies in recent decades, writes Diane Coyle, a trend the new Labour Party promises to...

Fiscal Policy

Biden’s Second-Best Economic Agenda

Walter Frick

Efficiency is out and political economy is in. But what does that imply about making good policy? When Barack Obama was asked about carbon pricing...

Development