Trends in 21st Century Industrial Policy Development

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This analysis delves into the current trends of 21st-century industrial policy, exploring global practices and the common misapplication of such policies. It aims to provide a framework comprising 15 distinct instruments, tailored to fit the unique context of individual countries. Emphasis is placed on the integration of public input, market incentives, and strategic industry targeting, supported by robust institutional designs. The study advocates for evidence-based policies that align with...