Is State Capitalism Coming to AI?
U.S. government ownership of AI companies would trigger an industrial policy competition, and would be a bad idea in and of itself.
Topic
Industrial Policy
20 posts
The Japan-U.S. Investment MOU: Centrally Planned Foreign Investment?
In the last post, Mona set out the basics of the Japan-U.S. MOU on "Strategic Investments" in the U.S. – or at least, a version of the MOU that was posted by the Japanese government online, although we don't know for sure if this
Is Industrial Policy Undermining the Fight against Climate Change?
Todd Tucker has a new JIEL piece called "Towards a post-Trump order for the climate crisis." It has been a couple years since I've engaged with something from Todd, so I'm going to use this piece to try to revive our decades-long
Will "Post-Neoliberalism" Mean Unfettered Markets or Unfettered Industrial Policy? (Or Are We Post-"Post-Neoliberalism" Now?)
There has been a lot of talk over the past eight years about whether we are now in a period of "post-neoliberalism," with efforts to flesh out exactly what that means for economic policy. To some extent, it even seemed as though there was an alliance between
Risky Futures: Indonesia's Nickel and EV Production
Can governments future-proof their economic power in a green(er) global economy? This question seems to lie at the heart of many governments’ trade policies. It is not a new question per se. In 1974, many resource-rich countries resolved that it was time to create a new international
Overcapacity and future discussions in the SCM Committee.
Finbarr Bermingham reported on Wednesday, April 23, 2024, that in the recent SCM Committee meeting, there were ‘sharp’ exchanges between the US and China related to Chinese ‘overcapacity’ in key sectors owing to subsidies. China objects to the term ‘overcapacity,’ arguing that there is no clear definition within the WTO
Katherine Tai on Industrial Policy, the Global Steel and Aluminum Arrangement, and EU Digital Regulation
Last week, U.S. Trade Rep. Katherine Tai spoke at the Center for American Progress. You can watch the whole event here. As I try to do whenever I have time and she says something in the Q & A that intrigues me, I'm going to quote a
Biden’s ‘Do as I Say, Not as I Do’ Approach to Trade and Industrial Policy Could Harm America in the Future
On June 15, United States Trade Representative Katherine Tai delivered a major trade policy speech advocating for the development of “resilient supply chains” to promote greater national” and economic security. It is difficult to argue with such a goal; resilient supply chains are obviously beneficial for many U.S. businesses,
Jake Sullivan on International Economics and Industrial Policy
White House National Security Advisor Jake Sullivan gave a speech last week on the Biden Administration's international economic agenda, with follow-up questions from a Brookings senior fellow and the audience. The video and transcript of the whole event are here (a transcript of the opening remarks is
Katherine Tai on Protectionism, Free Trade, and Industrial Policy
At a recent press conference, U.S. Trade Rep. Katherine Tai offered a few thoughts on U.S. industrial policy.
First, in response to a question about how she would evaluate the criticism that the Inflation Reduction Act constitutes protectionism, Tai said the following (39:35 of the video):
I