Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/311574 
Year of Publication: 
2024
Series/Report no.: 
LEM Working Paper Series No. 2024/32
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
This paper posits that what has been currently understood as a new return of industrial policies is actually a vague and rhetorical usage of the notion, as the current framework lacks the proper understanding of industrial policies as instruments to firstly, orient the rate and direction of technical change; secondly, govern and shape the direction of collective answers to challenges; thirdly, promote alliances beyond different and possibly conflicting interests, bringing together actors and institutions with the ability to undertake social coordination at the benefit of society. Overall, this contribution advocates a new political economy of industrial policies, going beyond simple and mostly ineffective "incentives" such as tax deductions.
Subjects: 
Industrial policies
global commons
decarbonization
social planning
JEL: 
L52
Q58
D63
Document Type: 
Working Paper

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