Scoring 50 Years of US Industrial Policy, 1970–2020
Nob 2021 · Peterson Institute for International Economics
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Industrial policy is making a comeback in the United States. It is more urgent than ever to understand how and whether industrial policy has worked to strengthen the US economy. This study analyzes and scores 18 US industrial policy episodes implemented between 1970 and 2020, in an effort to assess what went right and what went wrong—and how the current initiatives might fare. The Peterson Institute for International Economics gratefully acknowledges the support of the Koch Foundation for this project.
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Gary Clyde Hufbauer is a Nonresident Senior Fellow at the Peterson Institute for International Economics.
Euijin Jung was a Research Fellow at the Peterson Institute for International Economics from 2015-2021.
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