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?
LONDON – This month, for only the second time in its history, the United Nations General Assembly will focus on international migration. The stakes are high. In the balance rests not only the well-being of the world’s 232 million migrants, but also the health of our societies and economies. So governments should come to New York to make commitments, not just statements.
The first such UN summit in 2006 led to the establishment of the Global Forum on Migration and Development. The Forum was fiercely opposed by some, but it has since proved invaluable in building trust among states and fostering a common understanding of migration.
This year’s summit, however, will be a failure if it produces only rhetoric and process.
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