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The history of industrial policy for development
Manage episode 304747052 series 2914673
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Whether it's build back better, levelling up, or the climate transition, industrial policy is back in the news. Everyone wants to restructure their economies for geopolitical, equality, green, or good old fashion efficiency reasons, but how to do it? Nathan Lane from Oxford University joins host Mark Fabian from Cambridge University to discuss. Industrial policy has a mixed history, having been both the darling and the black sheep of the economics profession in less than 100 years, embroiled in some of the most high profile adventures and misadventures of the World Bank and International Monetary Fund, and gone from the centre to the periphery of development economics. If you've ever wanted to understand this complex policy domain and understand how economists think about it today, now's your chance - tune in!
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