The Global Battle for Industrial Dominance: China, America, and Europe in the 21st Century
Download This Chapter Mosaic Main Page Chapter Sixteen Srini Sitaraman The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic. – Peter Drucker, Managing in Turbulent Times, 1980 Abstract The resurgence of industrial policy is reshaping the global economic landscape. Driven by geopolitical competition, technological disruption, and the need for national resilience, countries are adopting diverse strategies to secure their economic futures. This chapter examines the evolving industrial policies of China, the United States, and Europe, highlighting their distinct approaches and the implications for global trade, innovation, and [...]