The governance of new industrial strategy: An inclusive and green agenda for economic transformation

dc.contributor.authorKrawchenko, Tamara
dc.contributor.authorMcCann, Philip
dc.contributor.authorArcand, Bruno
dc.contributor.authorHsu, Ming-Wei
dc.date.accessioned2026-04-28T20:53:40Z
dc.date.available2026-04-28T20:53:40Z
dc.date.issued2026
dc.description.abstractThe global political economy is in a period of profound disruption. Geopolitical rivalry, climate urgency, the rise of artificial intelligence and clean energy, and recent trade disruptions, most acutely from the United States, have together produced a rapid and widespread return to deliberate industrial policy. Liberal market economies such as Canada and the United Kingdom, long resistant to explicit state-led economic strategy, are now developing industrial strategies at an unprecedented pace and scale. Yet it remains unclear whether this surge of activity constitutes a genuine shift in how states govern economic transformation, or whether it represents the recycling of older, reactive patterns of intervention dressed in new language. This question (the animating concern of this study) carries immediate practical significance: the design and governance architecture of industrial strategies shape whether public investment catalyses structural change or merely subsidises the status quo. Our study set out to systematically examine how industrial strategy is being designed and governed across Canada and the United Kingdom. We have explored the state of the academic and policy literature on industrial strategy; developed an analytical framework for evaluating how industrial strategies are structured across dimensions of vision, policy instruments, governance, social justice, and place; and applied that framework comparatively across national, provincial, territorial, and devolved strategies in both countries, identifying leading practices, persistent weaknesses, and priority directions for future research in the process.
dc.description.scholarlevelFaculty
dc.description.sponsorshipThis project has been funded by the Social Sciences and Humanities Research Council of Canada (SSHRC) and the United Kingdom’s Economic and Social Research Council (ESRC) as a Knowledge Synthesis Grant.
dc.identifier.urihttps://hdl.handle.net/1828/23746
dc.identifier.urihttps://doi.org/10.18357/1828/23746
dc.language.isoen
dc.subject.departmentSchool of Public Administration
dc.titleThe governance of new industrial strategy: An inclusive and green agenda for economic transformation
dc.typeReport

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