| Abstrakt: |
The article discusses the importance of a long-term industrial strategy for attracting investment, improving productivity, and fostering innovation. It highlights the success of countries like Germany, Israel, Singapore, and South Korea, which have stable and dependable industrial policies. The article criticizes the intermittent approach to industrial strategy in the UK and emphasizes the growing importance of national security in shaping economic and business policies. It also mentions the impact of the Covid-19 pandemic on supply chain resilience and the need for strategic choices in areas such as AI and decarbonization. The article concludes by suggesting that a cross-party consensus on industrial strategy is possible, but fiscal responsibility may be a point of contention. [Extracted from the article] |
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