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Full Description
This incisive book provides key interdisciplinary perspectives on the current challenges faced by EU policymakers in framing and implementing a coherent European industrial policy, employing specific case studies from the digital, automotive, steel and defence industries as well as concrete examples of EU policies.
Comprehensive and analytical, the book investigates the long-term structural causes of the absence of a strong industrial policy at Union level. Examining the tensions that exist between member states and EU institutions regarding industrial and competition policies, expert contributions assess the conditions for an integrated EU industrial policy to emerge. A comparative analysis between the industrial policies of the EU, US and China is developed as chapters explore how the EU maintains its position in global value chains while other major partners are forced to pursue strategic trade and industrial policies to retain their dominant position. The book concludes with a presentation of prospective scenarios to assess the future technological evolution of the EU.
EU Industrial Policy in the Multipolar Economy will be an essential resource for academics and practitioners concerned with EU current affairs, global governance, industrial economics and international trade. Its use of case studies and original data will allow governments, EU institutions, NGOs and EU public affairs consultants and analysts to assess their policymaking options in the fields of research, industrial policy and sustainable development.
Contents
Contents:
1 Introduction to EU Industrial Policy in the Multipolar
Economy: past lessons, current challenges and future scenarios 1
Jean-Christophe Defraigne, Edoardo Traversa, Jan
Wouters and Dimitri Zurstrassen
2 Industrial policy and EU state aid rules 45
Edoardo Traversa and Pierre M. Sabbadini
3 Industrial policy, competition policy and strategic autonomy 80
Pim Jansen and Wouter Devroe
4 The international legal framework for industrial policy:
World Trade Organization disciplines and rules 122
Jan Wouters and Julia Marssola
5 EU industrial policy: lessons from the experience of the
1960s to the 1990s 159
Eric Bussière
6 European industrial policy from 2000 to 2020 173
Franco Mosconi
7 US industrial policy: the not-so-visible hand of the state
and securing the dominance of US prime movers 210
Jean-Christophe Defraigne
8 China's industrial policy: the visible hand of the party-state
to catch up by any means necessary 242
Jean-Christophe Defraigne
9 EU industrial policy in the steel industry: historical
background and current challenges 270
Dimitri Zurstrassen
10 The European automotive industry: a strategic sector in
search of a new industrial policy 304
Samuel Klebaner and Sigfrido Ramírez Pérez
11 Falling behind and in between the United States and China:
can the European Union drive its digital transformation
away from industrial path dependency? 332
Patricia Nouveau
12 EU defence industrial policy: from market-making to
market-correcting 382
Samuel B. H. Faure
13 Conclusion: a European industrial policy for the
twenty-first century 407
Riccardo Perissich
Index
