Industrial Policy between Rentierisation and Retaliation (opens in new tab)

Industrial policy, once a taboo in mainstream economics, is being mainstreamed by the very institutions that spent four decades stigmatising it. In March 2026, the World Bank published Industrial Policy for Development: Approaches in the 21st Century, co-authored by Ana Margarida Fernandes and Tristan Reed. The IMF, has done a similar volte face, first in […]