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Ruchir Agarwal on Industrial Policy

IMF Podcasts

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Introduction

Industrial policy is a set of policies that government uses to target specific industries, firms or economic activities. China, the United States, Russia and many European countries through industrial policy over the years have helped create giants in the global economy. Richard Agarwal: We need to understand the full scope of why and when trying to play a more aggressive role in tinkering with how the economy works may work or not.

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