Industrial policy – Asia Times https://asiatimes.com/category/world/industrial-policy/ Covering geo-political news and current affairs across Asia Mon, 29 Jan 2024 06:07:59 +0000 en-US hourly 1 https://asiatimes.com/wp-content/uploads/2020/02/ATLogo-192px.png Industrial policy – Asia Times https://asiatimes.com/category/world/industrial-policy/ 32 32 173017365 Chinese and American cadres in a second-best world https://asiatimes.com/2024/01/__trashed-21/ https://asiatimes.com/2024/01/__trashed-21/#respond Wed, 24 Jan 2024 22:38:13 +0000 https://asiatimes.com/?p=756253

You’re simply the bestBetter than all the restBetter than anyoneAnyone I’ve ever met     Tina Turner The free market is falling apart. That we all know. Lamentations on the current state of affairs abound. The free market has immiserated the middle class. The free market has created oligarchs. The free market has de-industrialized the Western world. […]

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]]> https://asiatimes.com/2024/01/__trashed-21/feed/ 0 756253 Time once again to make superhero of China economy https://asiatimes.com/2023/12/time-once-again-to-make-superhero-of-china-economy/ https://asiatimes.com/2023/12/time-once-again-to-make-superhero-of-china-economy/#comments Tue, 26 Dec 2023 17:26:14 +0000 https://asiatimes.com/?p=753931

The order is rapidly fadin’ And the first one now Will later be last For the times they are a-changin’. – Bob Dylan China’s economy is currently on the operating table, hunched over by surgeons, chest cavity splayed open, hooked up to a cardiopulmonary machine, surrounded by nurses staring at monitors flashing vital signs. It […]

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]]> https://asiatimes.com/2023/12/time-once-again-to-make-superhero-of-china-economy/feed/ 9 753931 East Asia rolling the die on new-age industrial policies https://asiatimes.com/2023/12/east-asia-rolling-the-die-on-new-age-industrial-policies/ https://asiatimes.com/2023/12/east-asia-rolling-the-die-on-new-age-industrial-policies/#comments Fri, 22 Dec 2023 05:17:26 +0000 https://asiatimes.com/?p=753764

Since the World Bank published “The East Asian Miracle“ report in 1993, a myriad of studies debating the merits of industrial policy have appeared. Proponents argue that the success of Hong Kong, South Korea, Singapore and Taiwan was due to selective industrial policies, including trade and protection policy, capital controls and labor market restrictions.  Critics argue […]

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]]> https://asiatimes.com/2023/12/east-asia-rolling-the-die-on-new-age-industrial-policies/feed/ 39 753764 Return of the ‘Big State’ will be short-lived https://asiatimes.com/2023/08/return-of-the-big-state-will-be-short-lived/ Tue, 15 Aug 2023 05:58:18 +0000 https://asiatimes.com/?p=744384

Economists usually find plenty of ways to disagree about the true meaning of government economic policies. The big innovation of the past 10-15 years was monetary, with the Bank of Japan at the forefront of what became a worldwide practice of money-creation and the mass-purchase of government securities by central banks. Economists debated the ultimate […]

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