Discover and read the best of Twitter Threads about #IndustrialPolicy

Most recents (5)

Around the world #IndustrialPolicy is back on policy agendas, but analysis of these policies is limited by a lack of cross-comparable data. We're looking to address this gap through our #OECD Quantifying Industrial Strategies (QuIS) project. A short 🧵on what we're doing 👇 1/7
The QuIS project defines Industrial Policy as direct support extended by the public sector to businesses & aimed at 1⃣ promoting investment, 2⃣ improving competitiveness, or 3⃣ structurally increasing economic development. 2/7
Our methodology to measure & categorise industrial policy expenditures is based on this definition. This is a crucial step towards our goal of gathering and providing the data necessary to compare Industrial Strategies across but also within countries. 3/7
Read 7 tweets
Where does the New Whole State System 新举国体制come from? To what extent does it help advance China's innovation in strategic sectors like semiconductors? How does it inform about the global concurrent expansion of state capitalism? Here's our new article
journals.sagepub.com/doi/full/10.11… Image
Instead of perpetuating the geo-imaginary of Western liberal democracy vs. Chinese authoritarianism, we situate the p-2008 expansion of state capitalism in China as part of the worldwide response to the crisis of global capitalism (over-production, excess liquidity, slow growth) Image
Focusing on the NWSS as an assemblage of discourses, policies, and practices, we show how it builds on/departs from the old socialist whole state system. We argue that the Chinese state is not monolithic, unchanging, and culturally essentialist. Image
Read 10 tweets
Excellent piece in @ForeignAffairs by @jessejenkins etal #decarbonization. Succinct tech summary of progress toward 1.5C. But I respectfully disagree w/ subhead “Technology can save the planet.” Here’s some politics to add to their great analysis. foreignaffairs.com/articles/2020-… THREAD
Tech progress CAN create a virtuous cycle. See work by @thomasnhale, @HoffmannMatt, eg. But #climatechange is largely a problem of inequality. An emphasis on technology overlooks this fact. 1/n nature.com/articles/s4156…
It glosses over the power of vested interests. I argue w/ @JeffDColgan and @thomasnhale that the existential politics of climate change mean that asset owners who face the loss of value of their assets will fight like hell to maintain that value. 2/n globalpolicyjournal.com/blog/21/02/201…
Read 10 tweets
Some people have asked for our comment on the #Treasury #EconomicStrategy document
There are two major issues: process and content.
I deal with these in turn.Note: these are not the official views of the @IEJ_SA 👇
Firstly on *process*
National Treasury has gone rogue...again
They have unilaterally published a policy document without engaging
👉government structures
👉ANC structures or
👉civil society (unless you count financial sector economists present at their colloquia).
Given that we are in a deep economic crisis, this Treasury unilateralism is highly irresponsible, as broad engagement on the *nature of the problem* is critical to coming up with *appropriate solutions*. But it now emerges that such engagement was totally absent.
Read 18 tweets

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