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Industrial policy regains spotlight, design and governance to determine success: IMF

NEW DELHI, June 6: Governments across the world are increasingly turning to industrial policy to strengthen strategic sectors, secure supply chains and boost economic resilience in the face of geopolitical and economic shocks, but the success of such interventions remains far from guaranteed, according to the International Monetary Fund (IMF). In a recent analysis, the IMF noted that industrial policy – government measures aimed at supporting specific industries and firms – has witnessed a sharp resurgence since the COVID-19 pandemic […]

Verified ContextSource-linkedAtlasHour DeskUpdated06 Jun, 10:30 pmAI summary checked for clarity

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NEW DELHI, June 6: Governments across the world are increasingly turning to industrial policy to strengthen strategic sectors, secure supply chains and boost economic resilience in the face of geopolitical and economic shocks, but the success of such interventions remains far from guaranteed, according to the International Monetary Fund (IMF).

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