Search results
Results from the WOW.Com Content Network
It’s clear that industrial policy is gaining acceptance across the political spectrum. Less clear is whether these investments will succeed where past attempts have struggled to make an impac t .
Under Biden, declared Sullivan, America is now “pursuing a modern industrial and innovation strategy” that would “forge a new consensus,” ensuring more plentiful jobs and greater ...
Recent data from the Institute for Supply Management (ISM) reveals the industry has been in contraction for the past eight consecutive months and 24 of the past 25 months. The prolonged slump has ...
Some criticize industrial policy based on the concept of government failure.Industrial policy is seen as harmful as governments lack the required information, capabilities, and incentives to successfully determine whether the benefits of promoting certain sectors above others exceeds the costs and in turn implement the policies. [29]
From the $73 billion, the IIJA will invest $45 billion in innovation and industrial policy for key emerging technologies in energy; $430 million [53] to $21 billion in new demonstration projects at the DOE; and nearly $24 billion in onshoring, supply chain resilience, and bolstering competitive advantages in energy, divided into an $8.6 billion ...
Creating products that could be replicated for multiple customers, adopting new business practices and labor policies, and new equipment made manufacturing more ultimately efficient. These changes, in tandem with new techniques and requirements defined by changing social standards, led to the introduction of new manufacturing techniques in ...
For premium support please call: 800-290-4726 more ways to reach us
Advocates of reindustrialization believe that manufacturing and other industrial jobs are more socially and economically desirable than jobs in the service sector or finance. Military or national security concerns motivate reindustrialization policies, reflecting a desire for self-sufficiency and fear for trade routes and supply lines in times ...