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The 1990s, George H. W. Bush and Bill Clinton

Abstract Chapter 6 shows how Reagan’s industrial policy was succeeded by the administrations of the 1990s, George H.W. Bush (1989–1993) and Bill Clinton (1993–2001). Both administrations continued to use a horizontal industrial policy approach, particularly in high-technology sectors like semiconductors, biotechnology, and telecommunications. Further, the US government systematically expanded the economic “frontier” through multilateral and bilateral trade agreements. This dual approach sought t