By the end of the course, the participants will have a solid understanding of industrial policy principles and be equipped with models to better assess industrial policies. [...] The second course on applied industrial policy will be done in person as a 2-day workshop at the University of Pretoria before the end of March 2025. [...] Introduction to the XA Policy Pyramid Day 3: Part 2 – The theory of industrial policy • The art, or not, of picking winners • The importance of a competent state (Know your leviathan) • The role of accountability • The risk of creating oligarchs and concentrating wealth • Opportunity costs and trade-offs • The role of prices in allocating resources • Industrial policy and the WTO Day 4: The proc. [...] How to use the ‘veil of ignorance’ to improve policy formulation Measuring industrial policy • The role of data • How do you know when you have succeeded or failed? Using the SMART framework. [...] o The time it takes to make decisions and its impact on the policy efficacy o The risk of evergreen support • Meet the Reverent Thomas Bayes – Applying Bayesian thinking in the policy space • The principles of good industrial policy • Brief overview of the applied industrial policy masterclass.
- Pages
- 2
- Published in
- South Africa
