Industrial policy redux: will it work?

You are warmly invited to the final NZIIA event in Auckland for 2024.

Industrial policy, including import substitution, has long been criticised by economists for excessive protectionism, which often led to inefficient and uncompetitive firms and stifled export growth. But pressures for protectionism in wealthy countries are growing, and developed countries themselves are now aggressively pursuing industrial policy as part of new economic statecraft.  Will this new tilt to industrial policy work? By focusing on key international drivers and constraints, domestic state-society relations, and elite ideological commitments, this talk evaluates the prospects for the successful pursuit of industrial policy, and what it might mean for New Zealand and global trade.

Attendance is free. Pre-registration is required.