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French Industrial Policy: Demons, Gods, and Challenges

Author

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  • Sarah Guillou

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

The paper puts into perspective the political and institutional framework in which French industrial policies are designed. In many rich countries, we observe an increase in States' intervention under industrial policies' objectives. France is fully involved in such a movement given its long tradition of interventionism. To understand the design of the French industrial policy, the paper highlights to which priorities the French industrial policies obeyed in the past, and to which challenges they are going to face in the future. After defining the main tools used by the French authorities, I analyse the three dimensions which frame the design of the policy: the two demons — industry decline and economic planning, the worship of national champions and of technology and the three challenges associated with the European union, the greening of the economy and artificial intelligence.

Suggested Citation

  • Sarah Guillou, 2024. "French Industrial Policy: Demons, Gods, and Challenges," Working Papers hal-04815059, HAL.
    • Handle: RePEc:hal:wpaper:hal-04815059
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-04815059v1
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    File URL: https://sciencespo.hal.science/hal-04815059v1/document
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