Strategic Capitalism: Implementing Economic Security Through Industrial Policy

Jens Hillebrand Pohl; Mikael Wigell; Cordelia Buchanan Ponczek

doi:10.14672/56000449

Strategic Capitalism: Implementing Economic Security Through Industrial Policy

Jens Hillebrand Pohl
, Mikael Wigell
, Cordelia Buchanan Ponczek

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Academic

Abstract

We analyse the transformation of economic governance in the EU and the United States in response to accelerating strategic rivalry in the international system. First, we outline the contours of the transition from market to strategic capitalism. Second, we provide an overview of the geoeconomic instruments that are propelling this change, specifically industrial policy. Third, we consider the challenges that the emergence of strategic capitalism, epitomised by the new industrial policy, pose to the incumbent international economic order. We conclude with a brief reflection on the direction of future research on this topic.

Original language	English
Title of host publication	The Comeback of Industrial Policy
Subtitle of host publication	The Next Geopolitical Great Game
Editors	Alessandro Gili, Davide Tentori
Publisher	Ledizioni LediPublishing
Chapter	7
Pages	187-209
Number of pages	23
ISBN (Electronic)	9791256000531, 9791256000548
ISBN (Print)	9791256000449
DOIs	https://doi.org/10.14672/56000449
Publication status	Published - 6 Dec 2023

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10.14672/56000449

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title = "Strategic Capitalism: Implementing Economic Security Through Industrial Policy",

abstract = "We analyse the transformation of economic governance in the EU and the United States in response to accelerating strategic rivalry in the international system. First, we outline the contours of the transition from market to strategic capitalism. Second, we provide an overview of the geoeconomic instruments that are propelling this change, specifically industrial policy. Third, we consider the challenges that the emergence of strategic capitalism, epitomised by the new industrial policy, pose to the incumbent international economic order. We conclude with a brief reflection on the direction of future research on this topic.",

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Strategic Capitalism: Implementing Economic Security Through Industrial Policy. / Pohl, Jens Hillebrand; Wigell, Mikael; Buchanan Ponczek, Cordelia.
The Comeback of Industrial Policy: The Next Geopolitical Great Game. ed. / Alessandro Gili; Davide Tentori. Ledizioni LediPublishing, 2023. p. 187-209.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › Academic

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T1 - Strategic Capitalism: Implementing Economic Security Through Industrial Policy

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AU - Wigell, Mikael

AU - Buchanan Ponczek, Cordelia

PY - 2023/12/6

Y1 - 2023/12/6

N2 - We analyse the transformation of economic governance in the EU and the United States in response to accelerating strategic rivalry in the international system. First, we outline the contours of the transition from market to strategic capitalism. Second, we provide an overview of the geoeconomic instruments that are propelling this change, specifically industrial policy. Third, we consider the challenges that the emergence of strategic capitalism, epitomised by the new industrial policy, pose to the incumbent international economic order. We conclude with a brief reflection on the direction of future research on this topic.

AB - We analyse the transformation of economic governance in the EU and the United States in response to accelerating strategic rivalry in the international system. First, we outline the contours of the transition from market to strategic capitalism. Second, we provide an overview of the geoeconomic instruments that are propelling this change, specifically industrial policy. Third, we consider the challenges that the emergence of strategic capitalism, epitomised by the new industrial policy, pose to the incumbent international economic order. We conclude with a brief reflection on the direction of future research on this topic.

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BT - The Comeback of Industrial Policy

A2 - Gili, Alessandro

A2 - Tentori, Davide

PB - Ledizioni LediPublishing

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Strategic Capitalism: Implementing Economic Security Through Industrial Policy

Abstract

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