Rethinking industrial policy

Philippe Aghion, Julian Boulanger and Elie Cohen

Policy Briefs from Bruegel

Abstract: Industrial policy has a bad name- ‘picking winners’ and thus distorting competition, while exposing government to capture by vested interests. But there are reasons for a rethink. First, climate change- without government intervention to jump-start massive private investment in clean technologies, governments, by default, encourage investment in dirtier technologies. Second, a new post-crisis realism- laissez-faire complacency by many governments has led to mis-investment in the non-tradable sector at the expense...

Date: 2011-06
New Economics Papers: this item is included in nep-ene, nep-ind, nep-pke and nep-reg
References: Add references at CitEc
Citations: View citations in EconPapers (51) Track citations by RSS feed

Downloads: (external link)
https://www.bruegel.org/wp-content/uploads/importe ... b_2011-04__final.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bre:polbrf:566

Access Statistics for this paper

More papers in Policy Briefs from Bruegel Contact information at EDIRC.
Bibliographic data for series maintained by Bruegel ().