Samuel Pienknagura (International Monetary Fund) will be presenting his work on “Industrial Policies: Handle with Care”.
About this session: Industrial policies have returned to the centre of economic and geopolitical debates. This paper reassesses their effectiveness, examining when and how they generate economic gains. While impacts are generally modest and uneven, industrial policies perform best when targeting highly distorted upstream sectors with carefully chosen instruments. By contrast, broad-based interventions risk high fiscal costs, unintended spillovers, and increased economic fragmentation. The findings emphasise that structural reforms often dominate industrial policy in terms of efficiency and long-run performance.
When: Thursday 19th of February
12.30-12.45 Light lunch and networking
12.45-13.45 Talk and Q&A.
Where: CRASSH meeting room (Alison Richards Building) on the Sidgwick site.
Lunch: A light lunch will be provided, but bring along your drink of choice!
Zoom: You can also join us virtually on Zoom.
The weekly climaTRACES workshops, organised by Kamiar Mohaddes and Henning Zschietzschmann, are attended by a diverse group of people from economics, geography, politics, engineering, business, earth sciences, natural sciences, and history, generating interdisciplinary discussion. One person leads the session, on either a paper they have written, a work in progress, or just an idea they have and would like feedback on. This is also an opportunity for people to find our more about the team on what climaTRACES have been up to and what future events and research projects are being developed.