China Shock 2.0, the one that’s fast approaching, is where China goes from underdog to favorite. Today, it is aggressively contesting the innovative sectors where the United…
July 2025, Paper: Place-based policy in the United States comprises a wide range of government programs that are spread across federal, state, and local agencies and that rely on…
April 6, 2025, Opinion: "From the White House Rose Garden, President Trump called it “Liberation Day” for the United States, but in garment factories in Hanoi and Phnom Penh, the…
The future of developing countries is in services as that is where the jobs will be. Enhancing productivity in labor-absorbing services must be an essential priority, for reasons…
To promote economic growth and inclusion, the tools of industrial policy must be oriented towards micro-, small- and medium-sized enterprises by targeting firms with high-…
June 10, 2024, Opinion: "Today’s developing economies are in a bind, because innovation in manufacturing has taken a predominantly skill-biased form, reducing demand for workers…
Critics of industrial policy claim that state interventions into the market lead to inefficient subsidies, protectionism, or the “picking of winners.” Kartik Akileswaran and Rohan…
December 8, 2023, Opinion: "Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies…
For much of the past few months, President Joe Biden’s administration has been trying to drum up public enthusiasm around “Bidenomics”—an economic agenda formed around the logic…
September 2023, Paper: "Industrial policy is experiencing a global resurgence. The governments of Brazil, the European Union, South Africa, and the United States are just a few of…