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…
August 2023, Paper: "There are few economic policies that generate more kneejerk opposition from economists than industrial policy. This has not stopped governments from making…
August 4, 2023, Opinion: "In the past, economists assessing the performance of industrial policies often focused on indicators such as import tariffs, capturing only limited…
The United Kingdom faces a good-jobs challenge. The British economy falls short on inequality metrics on the one hand, and average household disposable income levels on the other…
May 22, 2023, Paper: "We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other U.S. trade partners at the detailed…
