EU Industrial Policy in the Multipolar Economy

This book provides interdisciplinary perspectives on the challenges faced by EU policymakers in framing and implementing a coherent European industrial policy, using case studies from the digital, automotive, steel, and defense industries. It investigates the long-term structural causes of the absence of a strong industrial policy and explores the tensions between member states and EU institutions. A comparative analysis between the EU, US, and China is conducted, and prospective scenarios are presented to assess the future technological evolution of the EU.

Format: Hardback
Length: 446 pages
Publication date: 11 October 2022
Publisher: Edward Elgar Publishing Ltd

This comprehensive and insightful book offers vital interdisciplinary perspectives on the current challenges faced by EU policymakers in crafting and implementing a coherent European industrial policy. Employing specific case studies from the digital, automotive, steel, and defense industries, as well as concrete examples of EU policies, it delves into the long-term structural causes of the absence of a robust industrial policy at the Union level. Expert contributions assess the tensions between member states and EU institutions regarding industrial and competition policies, while a comparative analysis between the industrial policies of the EU, US, and China explores how the EU maintains its position in global value chains while other major partners are compelled to pursue strategic trade and industrial policies to retain their dominant position. The book concludes with a presentation of prospective scenarios to assess the future technological evolution of the EU.

EU Industrial Policy in the Multipolar Economy is a vital resource for academics, practitioners, policymakers, and stakeholders interested in EU affairs, global governance, industrial economics, and international trade. Its use of case studies and original data enables governments, EU institutions, NGOs, EU public affairs consultants, and analysts to evaluate their policymaking options in research, industrial policy, and sustainable development.

The book explores the complexities of EU industrial policy, examining the challenges and opportunities faced by policymakers in the digital, automotive, steel, and defense industries. It sheds light on the long-term structural factors that have contributed to the absence of a strong industrial policy at the Union level. Expert contributions provide valuable insights into the tensions between member states and EU institutions, assessing the conditions for an integrated EU industrial policy to emerge.

A comparative analysis between the EU, US, and China is conducted, highlighting how the EU maintains its position in global value chains while other major partners are compelled to pursue strategic trade and industrial policies to retain their dominance. The book also explores the future technological evolution of the EU, considering the impact of emerging technologies, such as artificial intelligence, robotics, and renewable energy, on the industrial landscape.

In conclusion, EU Industrial Policy in the Multipolar Economy is a comprehensive and analytical resource that offers valuable insights into the challenges and opportunities of EU industrial policy. By employing case studies, expert contributions, and a comparative analysis, it provides a comprehensive understanding of the factors shaping the EU's industrial landscape and offers prospective scenarios to assess the future technological evolution of the EU. This book will be an essential resource for academics, practitioners, policymakers, and stakeholders interested in EU current affairs, global governance, industrial economics, and international trade.

Dimension: 234 x 156 (mm)
ISBN-13: 9781800372627