Think dänk!
Debate between think tankers Sylvie Matelly, Karel Lannoo, and Lukas Schmid
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Marc Lehmann,
Lukas Schmid
Is Industrial Policy an Answer?
Think dänk!Debate between think tankers Sylvie Matelly, Karel Lannoo, and Lukas Schmid
Industrial policy is making a comeback: supporting individual companies or entire industries has once again become acceptable around the world. Whether the aim is to strengthen security of supply, safeguard jobs, or fight climate change: The idea is to steer the economy in the desired direction. Globally, subsidies for this purpose amounted to a staggering $1,700 billion last year alone.
But can industrial policy deliver on all these political promises? Karel Lannoo, CEO of the Center for European Policy Studies in Brussels, Sylvie Matelly, Director of the Jacques Delor Institute in Paris, and Avenir Suisse Senior Fellow Lukas Schmid, author of our latest study on industrial policy, discuss this topic in our new podcast episode.
