EU Policy Watch
OECD Minister Returns to Industrial Policy: A New Paradigm Seeking Balance Between Open Markets and Growth
The OECD ministerial meeting focused on "formulating correct industrial policies for an open market, growth, and prosperity," marking the confirmation of the strategic position of governments in various countries regarding targeted industrial intervention under the trend of trade liberalization. This foreshadows that Europe will place greater emphasis on the sophistication and balance of policy tools in terms of economic security and industrial upgrading pathways.
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