2min chapter

Pekingology cover image

Picking Losers

Pekingology

CHAPTER

What's the Purpose of Industrial Policy?

One of the reasons that so much capital is being channelled into critical and emerging technologies, robotics a i is precisely because they are trying to find ways to address some of these productivity challenges. How do you think about that t f p problem in industrial policy? Is it to booth tofactor productivity? Or is it to replicate what's being done abroad? So you ohat to rely on foreigners. Ah, but i think those are intention i me,. A lot of a lot of what china is doing now, in some way, seems to be wasteful, i inters of replication.

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