Government Intervention and Industrial Policy in Addressing Global Challenges

This chapter dives into the discussion around the limitations of market mechanisms in tackling long-term issues like climate change and the significance of government intervention through industrial policy. It compares industrial policies of different countries, emphasizing the need for good governance and resilience in the face of global challenges. The conversation also delves into the balance between private and public sector involvement, highlighting the importance of socially sustainable strategies in industrial policy.