Industrial policy is the tool nations use to define their place in the world. A country’s industrial strategy coordinates a wide range of economic policies to achieve particular objectives, which need not be purely economic at all. Industrial strategy is how nations develop. In the light of the changes to global tax mooted this week, let’s ask what’s next for Ireland’s industrial policy. I’m going to suggest the real change has to be a refocusing of the key target for government: from jobs to enterprises. Before we get there, let’s think about Chinese and US industrial policy over the medium…
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