000 02289nam a22003617u 4500
001 pwiiw7342
003 OSt
005 20260518120035.0
008 250612t2025 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aF02
_aF42
_aF51
_aF6
_aL5
_aL16
_aL52
_aO25
_aO31
_aO33
_2jelc
100 1 _aLandesmann, Michael
245 1 0 _aEU industrial policy in the evolving geo-political and geo-economic environment
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2025.
300 _a42 S.,
_b2 Tables and 4 Figures,
_c30cm.
490 1 _awiiw Policy Notes and Reports
_v96
520 _aIndustrial policy has become a core item in the policy agenda of many governments as well as of the EU which has come up with many policy initiatives over the past two decades. This paper emphasises the important shifts taking place in the global economy with the rise of China but also of other emerging/ed economies that affect the competitiveness of the European economy and challenges its traditional comparative advantages. The challenge to the European economy is compounded by having been left behind in some of the most innovative areas and branches of economic activity (IT, most recently AI, quantum and cloud computing) and also lagging behind in important technological shifts in more traditional industries (such as EVs in the transport equipment industry). On top of this – but also linked to global economic developments – have come rather big ruptures in geo-political relationships such as the decline of multilateral institutions and increasing conflictual relationships amongst the major acting powers on the global political stage. We discuss in this paper the challenges that EU industrial policy has to meet given the trends in geo-politics and geo-economics.
650 _aEU
650 _aindustrial policy
650 _ageo-economics
650 _ageo-politics
650 _aindustrial restructuring
651 _aChina
651 _aEast Asia
651 _aEuropean Union
651 _aUS
651 _aWider Europe
690 _aInternational Trade, Competitiveness and FDI
830 0 _v96
_wWIIW0000092
_twiiw Policy Notes and Reports
856 4 0 _uhttps://wiiw.ac.at/p-7342.html
942 _cP
999 _c9137
_d9137