Alexander Plekhanov, Koczan Zsoka and Victoria Marino of European Bank for Reconstruction and Development (EBRD) in this research paper look at moving goalposts of industrial policy:
This paper relies on a novel dataset of more than 31,000 industrial policies in 150 economies over the period 2009-2022 to codify and examine the stated objectives of these policies and their characteristics. We find…
A large team of IMF economists track industrial policy since 2008 financial crisis: This paper extends the New Industrial Policy Observatory (NIPO) dataset from 2009 to 2023 by employing large language model techniques to identify policy motivations. We document widespread industrial policy adoption across advanced and emerging market economies since the Great Financial Crisis, which […]
Moritz Hennicke, Moritz Lubczyk and Lukas Mergele draw industrial policy lessons from East Germany: There has been renewed interest in industrial policy as a tool to reshape the structure of economic activity, but little evidence exists on the successful design and implementation of these policies. This column examines the transformation of East Germany’s state-controlled economy […]
