April 11, 2024
AnalysisThe Electric Vehicle Developmental State
BYD exemplifies transformations in Chinese industrial policy
The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…
December 5, 2023
AnalysisSectoral Strategy
Free trade and the resurgence of industrial policy in Africa
Industrial policy in Africa is back. Beginning last January, Nigeria moved forward with the second phase of its “Sugar Master Plan,” a flagship industrial policy that began in 2013 to stimulate domestic production. It does this by offering numerous incentives…