For most economists, the idea of a “planned economy” is laughable. Policy experts, in particular, are now happy to challenge the Cold War binary that a country is either “free” or trying to recreate Stalin’s five-year plan.
The Centre for Policy Development (CPD) joined the fray this week, releasing a report titled “Setting direction: a purposeful approach to modern industry policy.”
It outlines a practical framework for how Australia can successfully build industries that will be essential to our shared future prosperity.
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