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
The much-anticipated EBRD Regional Economic Prospects were back in the new panel discussion format for a special EBRD Annual Meeting 2023 edition. The interactive discussion covered the latest economic forecasts for the regions where the EBRD invests. EBRD Chief Economist Beata Javorcik discussed with outstanding regional experts the extraordinary challenges that policymakers are confronted with in the world of relentless inflationary pressures and repeated economic crises.
Keynote speaker
Beata Javorcik, Chief Economist, EBRD
Moderator
Jonathan Charles, Strategic Communications Consultant and Broadcaster
Speakers
Sergei Guriev, Professor of Economics, Institut d'Études Politiques
Heike Harmgart, Managing Director, Southern and Eastern Mediterranean, EBRD
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
