Zones as industrial policy: Lessons for U.S. policymakers from experiments in East Asia
2 minutos In recent years, U.S. policymakers have forged an emerging new consensus around the economic, social, and security perils of offshored manufacturing capacity – and a renewed commitment to policy-driven reindustrialization. While these interests are motivated by different policy objectives, both Republican- and Democratic-controlled Congresses and administrations have deployed industrial policy to promote domestic production in strategic sectors. These measures include a mix of broad-based trade measures (e.g., tariffs), sector-specific incentives (e.g., semiconductor or battery manufacturing grants and tax credits), and place-based regional Continue lendo→