The growing complexity of the overall picture in global politics, the accumulation of macro-level statistics, and the broadening of data assessment methods have been shattering one stereotype of mainstream economists and political scientists after another.
Kursiv.media recently reported that in just the past few years, economists’ views on industrial policy have undergone a complete reversal. Once condemned, then rationalized, industrial policy has ultimately emerged as a tool more actively used by developed countries than developing ones in recent decades. The paradox is that it was precisely the developing countries pursuing catch-up development models that faced the harshest criticism, even...
