The Efficientness of Industrial Policy in China

The title of this gives away some o the ultimate thesis, how career incentives undermine industrial policy in chinese cities. But can you talk about where is the discussion on the efficacy or efficiency of industrial policy, and where this paper slides into that debate? i think this is a big and and still growing debate. And right now there's a sense that china's industrial policy is what we need to follow. In thet we see, of course, that ships act right now. The us. Needs to engage in its own industrial policy to compete.