Global / Industrial production

Not Your Grandmother’s Industrial Policy: Michele Ruta


February 22, 2024

IMF photo

In This Episode

Industrial policy had its heyday in the 1950s and 60s when governments moved to boost national competitiveness amid burgeoning global trade. Economists have been predicting the return of industrial policy of late- and there’s no question it’s back, but what does today’s industrial policy look like? Michele Ruta is a trade expert at the IMF, and along with some colleagues compiled a new dataset that shows the extent to which new industrial policies are being used and what their real impact might be on the global economy. Transcript

Check out the IMF’s global trade webpage

MICHELE RUTA is a deputy division chief in the External Policy Division of the IMF’s Strategy, Policy, and Review Department.

Join Us on Every Major Platform

Latest Podcasts


Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.