Home Not all industrial policy is created equal Not all industrial policy is created equal There needs to be equal opportunities and the prioritising of investment to ensure a more resilient economy and society World Economy News 17 May 2021 • 5 min read I’ve been thinking a lot about our colleague Gideon Rachman’s recent piece on the revival of industrial policy, which looked at the way in which many of the world’s largest countries and regions, including the US, China, India, and the EU, are increasing state intervention in the economy, or least talking about it. His take is basically that this is an old and bad idea, one that will lead to geopolitical conflict.