In the context of escalating geopolitical tensions, environmental challenges and rapid technological change, industrial policies – state-led strategic interventions designed to reshape an economy’s production structure – have made a comeback in both advanced economies and emerging markets. These policies seek to address global market failures such as climate change, foster economic growth, boost innovation and improve competitiveness. However, they have a mixed track record and pose complex challenges, which this panel will explore.
Tis discussion examined whether and how emerging markets can use industrial policy to drive sustainable economic growth, diversify economies and enhance competitiveness while navigating global geopolitical uncertainty and avoiding the mistakes of the past. It also explored how these economies can manage the delicate balance between national competitiveness and international cooperation.
Speakers:
Richard Porter, MD, Communications, EBRD
Beata Javorcik, Chief Economist, EBRD
Jeromin Zettelmeyer, Director, Bruegel
Bernardo Sestini, Chairman and Chief Executive Officer, SIAD Group
Leslie Maasdorp, CEO of British International Investment
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In the context of escalating geopolitical tensions, environmental challenges and rapid technological change, industrial policies – state-led strategic interventions designed to reshape an economy’s production structure – have made a comeback in both advanced economies and emerging markets. These policies seek to address global market failures such as climate change, foster economic growth, boost innovation and improve competitiveness. However, they have a mixed track record and pose complex challenges, which this panel will explore.
Tis discussion examined whether and how emerging markets can use industrial policy to drive sustainable economic growth, diversify economies and enhance competitiveness while navigating global geopolitical uncertainty and avoiding the mistakes of the past. It also explored how these economies can manage the delicate balance between national competitiveness and international cooperation.
Speakers:
Richard Porter, MD, Communications, EBRD
Beata Javorcik, Chief Economist, EBRD
Jeromin Zettelmeyer, Director, Bruegel
Bernardo Sestini, Chairman and Chief Executive Officer, SIAD Group
Leslie Maasdorp, CEO of British International Investment
Fearonomics: will the global energy crisis end the shift to green?
EBRD podcasts
38 minutes 7 seconds
3 years ago
Fearonomics: will the global energy crisis end the shift to green?
Fearonomics: will global energy crisis end the shift to green?
Rate, review and subscribe to our podcast
In its second episode the EBRD’s new Fearonomics podcast is exploring what are the risks and solutions to the global energy crisis.
Listen to Jonathan Charles, EBRD’s Managing Director, Communications, Sergei Guriev, EBRD former Chief Economist and professor of economics at Science Po and Beata Javorcik, EBRD’s Chief Economist (current) and also professor of Economics at Oxford University discussing
As Europe scrambles to find alternatives to Russian gas, some countries face the prospect of rationing and even fuel poverty.
Energy security, which had slipped down the priority lists of western policymakers, has made a big come back.
Even before the outbreak of the war on Ukraine, the hike in energy prices had brought coal use globally to record levels over last winter, whilst clean energy use decreased- a worrying tendency.
Meanwhile, the latest UN International Panel for Climate Change report warning that even if all the policies to cut carbon that governments had put in place by the end of 2020 were fully implemented, the world will still warm by 3.2C this century.
The next few years are critical, say the researchers, because if emissions aren't curbed by 2030, it will make it become impossible to limit warming up of climate.
Is there any way to avoid the climate catastrophy?
Listen to the first episode of the Fearonomics on iTunes, SoundCloud or wherever you get your podcasts from.
Review us podcast on iTunes or tweet us @EBRD #Fearonomics
You can rate, review and subscribe to Fearonomics on ITunes, Spotify and Soundcloud.
EBRD podcasts
In the context of escalating geopolitical tensions, environmental challenges and rapid technological change, industrial policies – state-led strategic interventions designed to reshape an economy’s production structure – have made a comeback in both advanced economies and emerging markets. These policies seek to address global market failures such as climate change, foster economic growth, boost innovation and improve competitiveness. However, they have a mixed track record and pose complex challenges, which this panel will explore.
Tis discussion examined whether and how emerging markets can use industrial policy to drive sustainable economic growth, diversify economies and enhance competitiveness while navigating global geopolitical uncertainty and avoiding the mistakes of the past. It also explored how these economies can manage the delicate balance between national competitiveness and international cooperation.
Speakers:
Richard Porter, MD, Communications, EBRD
Beata Javorcik, Chief Economist, EBRD
Jeromin Zettelmeyer, Director, Bruegel
Bernardo Sestini, Chairman and Chief Executive Officer, SIAD Group
Leslie Maasdorp, CEO of British International Investment
