Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/336189 
Year of Publication: 
2026
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 27 [Issue:] 1 [Year:] 2026 [Pages:] 4-8
Publisher: 
CESifo GmbH, Munich
Abstract: 
Industrial policy interventions have surged since 2020, increasingly driven by geopolitical concerns. The New Industrial Policy Observatory reveals over 36,000 interventions globally since 2009, enabling a systematic analysis of patterns and impacts. Industrial policies can improve products' competitiveness in some cases, but the impact is short-lived and there is no evidence of self-sustaining virtuous cycles. Effective industrial policy requires careful design, strong governance, and multilateral cooperation to manage spillover effects.
Document Type: 
Article

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