First, the more it is in step with a national or local economy’s comparative advantage, the more likely industrial policy is to succeed.
Second, policy is least prone to failure when it follows rather than tries to lead the market.
Third, industrial policy works best when a government is dealing with areas where it has natural interest and competence, such as military technology or energy supply.
Aprovecho para apuntar que, últimamente, estoy replanteándome y matizando ciertas posturas respecto a la política industrial. Cuando estén “maduras” las sacaré a pasear por aquí.