Decoding Industrial Policy Complexity: How Income Levels and Geopolitical Blocs Shape Economic Strategies
ZEITGEIST SERIES BRIEFING #35
Industrial policy has seen a revival, with both advanced and emerging economies using targeted interventions to support specific local industries. This analysis examines the economic complexity of industrial policies by country. High-income and Western countries typically implement more complex industrial policies than low-income and non-Western countries. There is a notable alignment between high-income and Western countries and between developing and non-Western countries.
