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EPSC

EU Industrial Policy After Siemens-Alstom

Finding a New Balance Between Openness and Protection
18 March 2019

The ongoing technological revolution and China’s rise have sparked fears that Europe's industry risks falling behind, and that its unmatched openness is being used against its strategic interests.

Amid calls for a more ambitious and strategic EU industrial policy, this paper explores a possible new balance between openness and protection as part of a joined-up strategy to create a more level global playing field, while shoring up industrial innovation and productivity at home.

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