(AGENPARL) - Roma, 21 Marzo 2023 - (AGENPARL) – mar 21 marzo 2023 Is it time to strike a new balance between state intervention and market forces? []
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Dear Colleague,
People are questioning whether we can trust the free market, and there are concerns that countries are losing their innovation edge. National security hawks worry about relying on adversaries for critical resources such as semiconductors and pharmaceuticals. Although the use of industrial policy to establish national champions has been successful in some cases, it remains controversial, Agarwal writes.
“Just like salt in cooking, a pinch of industrial policy can be helpful, but too much can overpower, and prolonged excess can harm.”
(Credit: March Cover Pete Reynolds)
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Nick Owen
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F&D Magazine
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