DEMO — development content for layout testing. Not real editorial reporting.
DEMO content for development and layout testing — not real editorial reporting.
Industrial policy covers measures that favour particular sectors or technologies — grants, tax credits, public procurement and research funding.
How it works
Supporters cite security, climate goals and market failures that leave strategic investment underprovided.
Governments are again using targeted support to build domestic industries. The tools are old; the debate is lively.
What to watch
Critics warn of picking losers, subsidy races between countries and capture by special interests. Design and evaluation are key.
Key concepts
- Industrial policy
- Manufacturing
