Friday, April 17, 2026

Industrial Policy in the Twenty-First Century

A Pillar of the Economics Establishment Admits That It Was Wrong
https://www.theatlantic.com/ideas/2026/04/world-bank-industrial-policy/686820/
In a new report, the World Bank thinks better of its old free-market absolutism.


Beijing’s ‘Industrial Policy of Everything’ Leaves Rest of the World in the Dust
https://www.wsj.com/world/china/beijings-industrial-policy-of-everything-leaves-rest-of-the-world-in-the-dust-8b94a046
Government support encompasses the old, the new, goods and services, micro and macro. Nothing Trump elicits in China will alter this.


The Origins and Fate of Digital Sovereignty
https://www.project-syndicate.org/onpoint/why-digital-sovereignty-requires-some-degree-of-protectionism-by-robin-rivaton-2024-06
Among the world’s major economies, only China and Russia have managed to build digital industries that stand apart from American platforms. Once foreign incumbents reach critical mass, local firms have little room to scale, leaving most countries without a viable path to technological autonomy.