From semiconductors to electric vehicles, governments are identifying the strategic industries of the future and intervening to support them – abandoning decades of neoliberal orthodoxy in the process. Are industrial policies the key to tackling twenty-first-century economic challenges or a recipe for market distortions and lower efficiency?
Missile defense has suddenly emerged as a divisive issue in Europe. Rather than enhancing European security, the Bush administration’s plan to deploy elements of a missile defense system in Poland and the Czech Republic threatens to increase strains with Russia and deepen divisions with America’s European allies, particularly those in Eastern Europe, where support for US polices has been strongest.
The growing opposition to the US missile defense deployment is rooted in the way in which America has managed – or rather mismanaged – the presentation of its deployment plans.
First, US officials did not lay the political and psychological groundwork for deployment. They assumed that Czech and Polish leaders – who were strongly pro-American – would willingly agree to deployment, and that public opinion in both countries would go along with whatever the governments decided.
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