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Industrial waste: the world’s misguided manufacturing policies

The Intelligence from The Economist

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Reassessing Domestic Manufacturing Subsidies

This chapter analyzes the global shift towards enhancing domestic manufacturing, especially in high-tech and green sectors, driven by government subsidies. It discusses the potential economic pitfalls and inefficiencies stemming from aggressive subsidy strategies, emphasizing their limited effectiveness. Additionally, the chapter advocates for a reevaluation of policies, suggesting diversification of supply chains and targeted approaches for sustainable growth.

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