The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it. For the full story, visit the source.
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Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear
The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it.
By Niranjan Rajadhyaksha· Livemint· 1 day ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint