It is widely admitted that markets are the main driving force of the economy but governments' intervention could, in some circumstances, improve on their outcom

The years since the global financial crisis have seen something of a renaissance in the manufacturing industry. The United States has launched its Advanced Manu

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competi

By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Swed

Japan achieved it's present economic position by rejecting free trade theory and instead mastering neomercantilist policies which target strategic industries fo