Reading Time: 4 minutesEvery day, Alba Iulia both supports and draws strength from its rural surroundings. Thousands come into the city for school, work, healthcare and services, bringing skills and spending that support local jobs and businesses. But the relationship runs both ways. Rural businesses supply food and goods and help shape the visitor offer that makes Alba Iulia such an attractive place to live and visit. What lessons can be drawn on buidling skills, mobility and collaboration between rural and urban communities?
Putting industrial policy in its place
Reading Time: 4 minutesAfter years in economic exile, industrial policies are back in a big way. Industrial policy interventions increased 20-fold in the past decade, as governments seek to rebuild competitiveness, support emerging technologies and shore up supply chains. This is true in OECD countries, but also in developing countries which use it more intensively. Many of these are adopting a place-based approach: between 2019-22, regional industrial policy support rose by over 50% as a share of GDP in 11 OECD countries. But why?
