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ECA Talk: Industrial Policy in the 21st Century

January 30, 2025
Virtual
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Join the discussion on Youtube on January 30, 2025 at 10:00 AM EST

Industrial policies – strategic interventions designed to reshape an economy’s production structure – have experienced a remarkable global resurgence. Some claim that these policies can be effective and justified when addressing clear and pressing market failures, such as climate change and environmental degradation. However, their overall track record is mixed. Their growing popularity is shaped primarily by domestic political economy considerations and rising geopolitical tensions. While industrial policies are typically employed by higher-income economies, they are also now used more frequently in economies with less administrative and fiscal capacity to implement them.

Join this ECA Talk to discuss the EBRD Transition Report 2024-25 and learn more about industrial policies.

DETAILS

  • DATE: January 30, 2025
  • TIME: 10:00 - 11:30 AM EST
  • CHAIR: Ivailo Izvorski, Chief Economist for Europe and Central Asia at the World Bank
  • CONTACT: Office of the Chief Economist Office in Europe and Central Asia 
  • ECACEoffice@worldbank.org
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