Progressive Industrial Policy In Europe

Amid accelerating global warming, the digital revolution and rising geopolitical tensions, industrial policy has taken centre-stage in EU policymaking. Consequently, initiatives such as the Green Deal Industrial Plan, the CHIPS & Science Act, the Important Projects of Common European Interest (IPCEIs) and the InvestAI initiative have been developed or proposed recently. Meanwhile, by reintroducing competitiveness and security as primary objectives for industrial policy, European policymakers appear to backtrack on the social and environmental agenda, while not effectively addressing critical governance deficits and financing gaps. European industrial policy is thus at a critical juncture, and its strategic trajectory is currently under discussion. The volume intervenes into current industrial policy debates from a critical perspective. Achieving sustainable, inclusive and effective industrial policy depends on embracing a progressive approach that prioritises broad stakeholder...