Making industrial policy work in democratic contexts: balancing quick wins with long-term objectives and addressing the threats of populism

Industrial development and transformations are long-term processes. They are thus highly dependent on the ability of countries to build institutional capacity capable of guaranteeing continuity at the institutional level, in the allocation of resources, or in the definition of priorities. For this reason, many historical experiences of rapid industrial development have taken place under authoritarian regimes or in times of war. How, however, can governments pursue successful industrial policy with a long-term horizon in a democratic context, where there is also pressure to deliver in the short term? Our programme aims to understand the sequencing process of successful industrial policy experiences and its political implications, especially in terms of the rise of populist narratives across the world.

Researchers

Nick Khaw

Tin Hinane el Kadi

Amir Lebdioui

Baptiste Albertone

Diego Sanchez-Ancochea

Carlota Perez