This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...

This paper draws on both successful and failing cases of industrialization in China to analyse the role of local governments in fostering the growth of light manufacturing. The broad spectrum of support types and the intimate knowledge of enterprise conditions by these local governments make...

Downward trend in demand curbs growth of industrial output. At the same time, plans and projections of enterprises still remain optimistic. In the context of personnel shortage businesses put out considerable efforts aimed at keeping their workers and plan to increase employment

This appendix provides the complete list of sample firms and the robustness checks results discussed in the paper, Industrial Policy and Asset Prices: Stock Market Reactions to Made In China 2025 Policy Announcements, found here:"https://ssrn.com/abstract=3521006" https://ssrn.com/abstract=3521006

Appendix available here:"https://ssrn.com/abstract=3525571" https://ssrn.com/abstract=3525571.We study the link between industrial policy and asset prices by using the Made in China 2025 industrial policy, announced in May 2015, as an external shock. We track Chinese firms and U.S. firms in ten...

This paper assesses the effectiveness of vertical industrial policies within the EU. Vertical industrial policy is defined as government support for specific firms or industries (picking winners or supporting losers) and measured by state aid granted by Member States to the manufacturing...

Negative demand dynamics registered in early 2019 has not so far told on the output, estimates of finished products stocks and industrial enterprises forecasts. The industrial sector preserves optimism of expectations regarding demand, output and employment. However, the investment plans began...

Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability. The manufacturing industries and firms that make...

The aim of this paper is to describe the recent evolution of the Apulian aerospace cluster and critically analyze the role of regional industrial policies in a "global" industry. Industrial policy at the regional level shows some shortcomings, and could serve for a second-best solution in the...

The aim of this paper is to describe the structure and the main competitive dynamics of the Aerospace productive system in Campania. After a preliminarily on-desk analysis, on-deep interviews were held with qualified regional stakeholders in order to analyze relations among enterprises and their...