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#IndustrialStrategy

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"Since sectors and frontier will benefit from the combined effect of different actions, the task of measuring what is and isn’t working will be doubly hard. Therefore, it is important that the process of allows reasonable time."

Delivering the new will be a huge test | Institute for Government
instituteforgovernment.org.uk/







energy-pylon-website.jpg
Institute for GovernmentDelivering the new industrial strategy will be a huge test for government | Institute for GovernmentThere is much to welcome in the new white paper.

"The seems genuinely to care about the working well. And, it still has the time – and the parliamentary majority – to make real changes to help it do so. If there was ever a moment for a positive vision for that goes beyond a bonfire of the quangos or a chainsaw to , it is now. "

: systemic thinking, not tinkering | Institute for Government
instituteforgovernment.org.uk/





rachel-reeves-CBI-conference-2YND87N-1504x846px.jpg
Institute for GovernmentRegulatory reform: systemic thinking, not tinkering | Institute for GovernmentThe government’s aspirations to streamline regulation cannot be achieved piecemeal.

Surprise, surprise.
This is not an industrial strategy.
Whatever it is, it isn't fit for the coming era of energy descent and ecosystem collapse.

Lower energy costs part of government's 10-year plan for industry - BBC News
bbc.co.uk/news/articles/c1ljnr

Two men in blue hard hats stand in a warehouse
BBC NewsLower energy costs part of government's 10-year plan for industryPlans to slash energy bills by up to 25% for over 7,000 UK businesses will be announced alongside other plans to boost growth.

Writing in the FT, Keir Starmer pitches (ahead of today's announcement) Labour's new ten year industrial strategy.... and what word is conspicuously absent? Europe...

He mentions the advantages of three new trade deals the Govt. has concluded, but not the minuscule benefits compared to the loss of easy access to the EU's single market.

A really strong industrial strategy would start with re-establishing friction-free access to the massive market next door!

Today's announcement of Labour's ten year industrial strategy will include money to lower energy costs for (some) energy intensive industries, leaving many sectors (especially retail & hospitality) still paying higher prices than across Europe.

But, little help has yet been offered to consumers whose problems with high energy prices are as pressing as industry's.

So, first conclusion might be the UK's new industrial policy is focussed on supporting energy firms?

The notion of #GBE was conceived on a cocktail napkin. Its execution is being left to #EnergyGrifters focused only on grandeur. #Labour should end these delusions immediately and get serious about #Decarbonization. Do not waste time on #IndustrialStrategy and use the tools already at hand. Will Great British Energy herald UK’s green revolution? theguardian.com/environment/20

The Guardian · Will Great British Energy herald UK’s green revolution?By Severin Carrell

Date: 20.11.2024
Time: 16:00 (EET, Helsinki time)
Place: Online
Zoom link

ARGUMENTA DISTINGUISHED LECTURE

A New Approach to Industrial strategy:
Directing the economy toward an inclusive and sustainable future
Mariana Mazzucato

The ReSES project is happy to announce an upcoming online public lecture titled “A New Approach to Industrial Strategy” to be delivered by Mariana Mazzucato. This event is part of the Argumenta Distinguished Lectures series organized by ReSES at the Faculty of Social Sciences at the University of Helsinki.

Industrial strategy is experiencing a renaissance. Getting the details right matter. Mission-oriented industrial strategy needs to be more than words if we want to avoid missions becoming part of the problem, not the solution. During this lecture, Professor Mariana Mazzucato will offer insights gained from work with governments around the world – on opportunities ranging from healthy and sustainable housing estates in our local Camden Council to the ecological transition in Brazil – that are advancing new approaches to bring economic, social, and environmental policy goals into alignment at the centre of their growth strategies. She will explore what it takes for governments to design, implement, and govern new industrial strategies and examine the tools, institutions, partnerships, and capabilities governments need to deliver transformative change.

Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL Institute for Innovation & Public Purpose. She is winner of international prizes including the Grande Ufficiale Ordine al Merito della Repubblica Italiana in 2021, Italy’s highest civilian honour, the 2020 John von Neumann Award, the 2019 All European Academies Madame de Staël Prize for Cultural Values, and 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. Most recently, Pope Francis appointed her to the Pontifical Academy for Life for bringing ‘more humanity’ to the world.

As well as The Entrepreneurial State: debunking public vs. private sector myths (2013), she is the author of The Value of Everything: Making and Taking in the Global Economy (2018), Mission Economy: A Moonshot Guide to Changing Capitalism (2021), and most recently The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies (2023). She advises policymakers around the world on innovation-led inclusive and sustainable growth. Her roles have included for example Chair of the World Health Organization’s Council on the Economics of Health for All, Co-Chair of the Global Commission on the Economics of Water, a member of the South African President’s Economic Advisory Council, and the Co-Chair of the Group of Experts to the G20 Task Force for the Global Mobilization against Climate Change.

Funded by the Finnish Cultural Foundation, the ReSES project aims to rethink how economics can better serve society. The project’s Argumenta Distinguished Lectures series provides a platform for leading experts to present ideas that challenge conventional economic thought and promote societal well-being. Professor Mazzucato’s lecture, “A New Approach to Industrial Strategy” is a significant addition to this series.

The lecture is free and open to the public, reflecting the ReSES project’s dedication to making scholarly discussions accessible to a broad audience.

You can join the Zoom webinar via this link

https://tint-helsinki.fi/2024/10/14/20-11-mariana-mazzucato-industrial-strategy-reses-ad-lecture/