Building the future: Pathways and ingredients for modern industrial success

Shoppers choose clothes at the Green Shop, a modern thrift store in Kampala. FILE| AFP

As the global landscape undergoes transformation, the need to develop industrial policy is gaining momentum globally.

Global Trade Alert research shows that there were more than 2,500 industrial policy interventions worldwide in 2023, with a majority of new measures driven by climate mitigation, supply chain resilience and security.