World Bank Embraces Industrial Policy, Abandoning Three Decades of Stigma
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The World Bank appears to have shifted its stance on industrial policy, potentially ending a long-standing opposition. This change may have implications for development in regions such as Africa, Asia, and Latin America, where large infrastructure projects are underway. The significance and potential impact of this shift are still being debated, with some outlets questioning whether it marks a genuine turning point or is merely an illusion.
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