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Political leaders all over the world are calling for strategic autonomy. The removal of critical trade dependencies has become a guiding principle in most policy proposals, including the EU's new industrial strategy. In making these decisions, it is important for policymakers to understand the...
Persistent link: https://www.econbiz.de/10013175554
After the failed merger of Alstom and Siemens - the two giants of Europe's railway manufacturing sector - the French and the German governments presented a manifesto with a set of radical proposals designed to reshape EU industrial and competition policy. In an article addressed to all European...
Persistent link: https://www.econbiz.de/10011987039
Europe's approach to industrial policy has undergone a dramatic transformation in recent years, with state aid reaching 1.4 per cent of GDP in 2022, levels unseen since the early 1990s. While advocates of substantial state aid argue that this intervention is necessary to maintain competitiveness...
Persistent link: https://www.econbiz.de/10015396203