industrial-policy   9

Was the WTO a mistake? - The Washington Post
I am in favor of allowing countries much greater latitude in the conduct of industrial policies. When they succeed, this is good not only for the countries themselves but also for other nations because it enables economic growth and hence, greater trade opportunities. When they fail, the costs are borne primarily by domestic consumers and taxpayers. I think the case for international rules and disciplines to limit the use of industrial policies is a lot weaker than people realize.
industrial-policy  wto 
12 weeks ago by elrob
AI Nationalism — Ian Hogarth
The Chinese state appears to have recognised the importance of data to its AI nationalism efforts. China’s latest cybersecurity law mandates that data being exported out of China have to be reviewed.

China’s annual imports of semiconductor-related products are now $260 billion and have recently risen above spending on oil.

[2017] AlphaGo defeated world No.1 Kie Jie 3-0 in Wuzhen, China. Live video coverage of AlphaGo vs. Ke Jie was blocked in China.

This kind of dependency would be tantamount to a new kind of colonialism.

We can see small examples of new geopolitical relationships emerging. In March, Zimbabwe’s government signed a strategic cooperation framework agreement with a Guangzhou-based startup, CloudWalk Technology for a large-scale facial recognition program where Zimbabwe will export a database of their citizens’ faces to China, allowing CloudWalk to improve their underlying algorithms with more data and Zimbabwe to get access to CloudWalk’s computer vision technology. This is part of the much broader Belt and Road initiative of the Chinese Government.
ai-policy  industrial-policy  best-of-2018 
12 weeks ago by elrob
How the World Works - The Atlantic
The tree which bears the fruit is of greater value than the fruit itself.... The prosperity of a nation is not ... greater in the proportion in which it has amassed more wealth (ie, values of exchange), but in the proportion in which it has more developed its powers of production.
econ  industrial-policy 
august 2018 by elrob
Manufacturing revolutions: The role of industrial policy in South Korea’s industrialisation
What were the big push policies? Before turning to the main results, I show that the HCI relied heavily on capital subsidies and exemptions from import tariffs, rather than explicitly protecting output markets. My estimates show that this policy packed a punch – on average, treated industries accumulated nearly twice the value of capital than other manufacturing industries. Contrary to popular wisdom, I find no significant difference in the output tariffs across treated and non-treated industries.
korea  industrial-policy 
april 2018 by elrob
Industrial Policy: Love it or Hate it? - YouTube
Industrial policy as creation of institutions for discovering feasible activities

Productivity over profitability

Private sector requests based on productivity - make the requests public
industrial-policy  best-of-2018 
april 2018 by elrob
Open Left:: Drilling down into the manufacturing consensus
All the above shows strong and broad support for reviatilizing American manufacturing. And this support exists despite virtually no discussion of these issues in the Versailles media. The political potential for a pro-active manufacturing agenda is huge. The example of Germany shows how much there is to be gained economically. We call ourselves the "reality-based community". Will we live up to our name?
polls  economics  opinion  manufacturing  industrial-policy 
august 2010 by tsuomela
Economist Debates: Industrial policy
A debate on industrial policy: Dani Rodrik and Josh Lerner.
economics  industry  industrial-policy  policy  free-trade 
july 2010 by tsuomela
How to Make an American Job Before It's Too Late: Andy Grove - Bloomberg
Andy Grove, from Intel, deviates from the free trade party line to suggest that America might need a job creation or industrial policy.
economics  industry  policy  job  industrial-policy 
july 2010 by tsuomela

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