Can industrial policy spur national resilience?

The third edition of the Hinrich-IMD Sustainable Trade Index 2024, launched on 22 October, poses a fundamental question for the future of trade: As nations race to achieve resilience, how will the opposing demands of geopolitical security and global economic integration meet? Industrial policy – the collective term for a broad range of government support – is centuries old and has returned in full force as superpower competition, war, and COVID-19 stir governments to seek geoeconomic independence. But the new fragmentation carries old warnings: it is not the failure to achieve industrial policy, but its success that may be the undoing of global development.

Tune in here for a pre-panel briefing on industrial policy, published by the Hinrich Foundation in an experimental 'podcast' created with Google's AI research assistant NotebookLM:

Join IMD’s Christos Cabolis, Simon Evenett, and the Hinrich Foundation’s Deborah Elms in a panel moderated by the Foundation’s Chuin Wei Yap, as they plumb the sustainability of trade in a waning era of comparative advantage.

Speakers:

Christos Cabolis: Chief Economist, IMD World Competitiveness Center
Deborah Elms: Head of Trade Policy, Hinrich Foundation
Simon Evenett: Professor of Geopolitics and Strategy, IMD

Moderator:

Chuin Wei Yap: Program Director, International Trade Research, Hinrich Foundation

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