'We are witnessing the return of industrial policy now — unlike the past, this is shaped by a globalised world, climate change and AI'

"Right now, in the post-global financial crisis era, and particularly post-Covid, we are seeing the return of industrial policy but its taking a different form from the past — it is far more financialised now, it tries to work within the parameters and institutions of a globalised world and it is much more outward-oriented."

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