Industrial Policy in the United States

Industrial Policy in the International Business Landscape

Definition of Industrial Policy in the context of U.S. international business and public trade policy: Economic development strategy in which a national government identifies key domestic industries critical to the county’s economic future and then formulates policies that promotes the international competitiveness of these industries.

Industrial Policy in the International Business Landscape

Definition of Industrial Policy in the context of U.S. international business and public trade policy: Governmental actions affecting, or seeking to affect, the sectoral composition of the economy by influencing the development of particular industries.

Industrial Policy in the International Business Landscape

Definition of Industrial Policy in the context of U.S. international business and public trade policy: Selective government programs to create or revitalize particular industries or companies, usually so they can compete internationally.