Ilias Alami is an Assistant Professor in Political Economy at the University of Cambridge. He is the author of Money Power and Financial Capital in Emerging Markets: Facing the Liquidity Tsunami (Routledge, 2019) and (with Adam Dixon) The Spectre of State Capitalism (Oxford University Press, 2024).

June 14, 2025

Analysis

Industrial Policy and Imperial Realignment

Growing asymmetries in global development

, Tom Chodor, Jack Taggart

More than 2500 industrial policies were recorded in 2023, but they are being deployed asymmetrically across the global economy. The pace at which advanced economies and less-developed countries are adopting industrial policies is diverging, with the former better positioned to…