Basel III
Current mainstream economic thinking says that industrial policy is ineffective, and that market forces should determine the fortunes of companies and industries. In the credit crisis, however, the UK government and most other governments felt compelled to intervene. They established a de facto industrial policy strongly favouring the financial sector, at the expense of the rest of...
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About the GPI

The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.