# The rise of industrial policy - why governments are back in the business of business Page: https://stenobird.com/podcast/radio-davos-274828/the-rise-of-industrial-policy-why-governments-are-back-in-the-business-of-business Text version: https://stenobird.com/podcast/radio-davos-274828/the-rise-of-industrial-policy-why-governments-are-back-in-the-business-of-business.md Podcast: [Radio Davos](https://stenobird.com/podcast/radio-davos-274828) Published: 2026-04-23T09:43:00+00:00 Episode link: https://www.weforum.org/podcasts/radio-davos/episodes/industrial-policy-trade-choke-points Audio file: https://traffic.libsyn.com/secure/worldvsvirus/RD_industrial_policy_mixdown.mp3?dest-id=1941176 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/radio-davos-274828/episodes/the-rise-of-industrial-policy-why-governments-are-back-in-the-business-of-business Duration seconds: 3273 ## Resource Industrial policy - government intervention in the economy - is on the rise around the world. Is this a new era for global trade, and what will be the impact on economies and international relations? Speakers: Erik Peterson, Partner and Managing Director, Global Business Policy Council, Kearney Lizhi Liu, Assistant Professor, McDonough School of Business, Georgetown University Links: Forum Stories: Governments are now economic super actors. What does this mean for business?: https://www.weforum.org/stories/2026/01/governments-economic-actors-the-challenge-for-business/ Four trends to watch as China's industrial policy evolves: https://www.weforum.org/stories/2026/02/china-industrial-policy-four-trends-to-watch/ Resources : New Industrial Policy Observatory (NIPO): https://globaltradealert.org/reports/new-industrial-policy-observatory-nipo Further reading: Kearney: From Globalization to Islandization: https://www.kearney.com/service/global-business-policy-council/article/-/insights/from-globalization-to-islandization OpenAI: Industrial Policy for the Intelligence Age: Ideas to Keep People First: https://cdn.openai.com/pdf/561e7512-253e-424b-9734-ef4098440601/Industrial%20Policy%20for%20the%20Intelligence%20Age.pdf Chokepoints, American Power in the Age of Economic Warfare , by Edward Fishman: https://www.penguinrandomhouse.com/books/726149/chokepoints-by-edward-fishman/ IMF: Industrial Policy Since the Great Financial Crisis: https://www.imf.org/en/publications/wp/issues/2025/10/31/industrial-policy-since-the-great-financial-crisis-570816 NBER: Decoding China's Industrial Policies: https://www.nber.org/papers/w33814 Exporting Automation, Not Just Goods: Evidence from China's Industrial Robot Exports by Zhengrui Cheng, Shiliang Cui, Lizhi Liu: https://papers.ssrn.com/sol… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/radio-davos-274828/episodes/the-rise-of-industrial-policy-why-governments-are-back-in-the-business-of-business/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/radio-davos-274828/the-rise-of-industrial-policy-why-governments-are-back-in-the-business-of-business.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.