Economics Talk: Selective Industrial Policy

Past event

LOCATION: Sturm 235

Selective Industrial Policy: Theoretical Issues and Methodological Tools

The economic crisis has pushed several countries to adopt selective industrial policies to promote manufacturing and some selected strategic sectors. Despite this new activism, the process of defining strategic targets risks being carried out with poor rigor on a political level, setting governments up for failure. This paper discusses the notion of strategic sector and proposes a new methodology to increase transparency and effectiveness in the identification of what can be defined as "strategic."