good table. Govts deploy an array of policy levers to boost productivity, which could be categorized as Macro, Meso (vertical sectors), and Micro (firm-level). This diagram zooms in on innovation policy instruments (source: 2017 WB's 'innovation paradox' publication).

Industrial policy is receiving more attention than ever. There are three major reasons for this: (1) more state intervention after the 07/08 crisis, (2) growing geopolitical tensions, and (3) efforts to strengthen domestic manufacturing in the wake of supply chain disruptions.

nytimes.com/2024/08/13/bus… via @NYTimes cc ⁦Xavier Ferràs⁩

Firm Adaptation to Climate Change NBER paper from Arti Grover & Matthew E. Kahn with support from Somik Lall and others nber.org/papers/w32848?…

I totally recommend Avner Offer's "Understanding the Private-Public Divide," which reflects on the limits of private sector and competition, the impact of corruption, and how governments must look after the long-terms interests of the public. Cc Xavier Ferràs

Just when I started reading "How the World Became Rich" from Mark Koyama and Jared Rubin, an NBER review comes out #luckyme cc Michael Thrower Chowdhury nber.org/papers/w32873?…

New industrial strategy for Europe? ft.com/content/92f7ae… via @ft Mario Draghi calls for €800bn EU investment boost

Export-Led Industrial Policy for Developing Countries. World Bank Research paper from @TristanReed_ documents.worldbank.org/en/publication… To achieve productive diversification, developing countries need targeted policies that resolve market failures specific to certain export sectors

We have an exciting lineup of experts in Economics & Education speaking this afternoon at the launch of the 23rd edition of the #RwandaEconomicUpdate. Join us as we discuss "Accelerating #Rwanda's skill development to drive private sector growth" Watch➡️:wrld.bg/lesV50Tp0GI

Helpful review of the state-of-the-art evidence on how to connect firms in low- and middle-income countries to markets (from David Atkin and Jing Cai). See links below: voxdev.org/topic/firms/ho… povertyactionlab.org/policy-insight… VoxDev J-PAL

How can poor countries become rich? Focus on firms. Interesting article by Karthik Tadepalli via Asterisk asteriskmag.com/issues/07/want…

Two recent World Bank reports from Tatiana Didier et al tackle the crucial issue of SME Finance; one focuses on Productivity openknowledge.worldbank.org/server/api/cor… the other one on Support Policies documents1.worldbank.org/curated/en/099… cc Jean Pesme

What is behind Europe's productivity problem? A large productivity gap relative to the US in the tech sector & low business dynamism. Two factors driving this: smaller market size and lower access to finance relative to the US. The fix: Deepen the EU single market. Read more

Industrial Policies (IPs) and Innovation: Evidence from the Global Automobile Industry nber.org/system/files/w… The analysis finds a positive relationship between policy support and innovation, and suggests that the effects of IPs will be self-reinforcing and grow over time

'A Vision for Barcelona's Future': you can now download the Report presenting the urban design and economic strategy vision, goals, and recommendations for the metropolitan region, whilst including benchmarks with Amsterdam 🇳🇱, Boston 🇺🇸, Munich 🇩🇪, and Stockholm 🇸🇪.

AI Playbook for small states imda.gov.sg/-/media/imda... Good summary of efforts from small states to boost AI literacy #AI #development #Rwanda Ministry of ICT and Innovation | Rwanda

Industrial Policy in Europe: A Single Market Perspective imf.org/en/Publication… IMF

Yesterday, the World Bank Board approved the "Boosting Green Finance, Investment and Trade in Rwanda" to support the Govt of Rwanda in driving private sector investments, especially in green projects. documentsinternal.worldbank.org/search/34429458 Sahr Kpundeh World Bank Rwanda #GreenFinance

nber.org/papers/w33442?… Institutions, Technology and Prosperity Daron Acemoglu PAPER

Max Weber’s Lessons for Democracies Under Siege by Enrique Krauze Project Syndicate?referral=d1d732 prosyn.org/OlvPcKF