Industrial policy has returned to the center of economic strategy. This program analyzes how major economies are using subsidies, reshoring incentives, and trade realignment to compete — and what it means for the postwar model of open markets.
After decades of trade liberalization, industrial policy is back — from semiconductor subsidies to critical minerals stockpiling to reshoring incentives. This program analyzes how the US, EU, Japan, India, Australia, and China are competing for strategic industries, and what that means for the rules-based trading system built after World War II.
Peer institutions such as the Atlantic Council's GeoEconomics Center and CSIS's economics programs already track tariff policy and industrial subsidies individually — for instance, tools like the Atlantic Council's Trump Tariff Tracker monitor evolving US tariff actions and their real-world impact. Quad Institute's Capital Flows & Industrial Policy Index will bring subsidy, tariff, and reshoring data together in one comparative index, with particular attention to India, Japan, and Australia given our regional offices.
Industrial policy decisions made today — which sectors get subsidized, which supply chains get reshored, which trade partners get preferential access — will determine competitive advantage for a generation. Understanding these moves in comparative, cross-country terms is essential for governments and businesses alike trying to plan around them.
Government subsidy and incentive programs are catalogued by sector, size, and stated strategic objective.
Tariff changes and trade-agreement shifts are tracked against stated industrial policy goals.
Indo-Pacific economies are benchmarked against transatlantic partners to surface where policy approaches converge or diverge.