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10. Sustainable Mobility and Industrial Policy

Chapter of: Investing in the Structural Transformation: 2024 European Public Investment Outlook(pp. 169–180)

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Metadata
Title10. Sustainable Mobility and Industrial Policy
ContributorDario Guarascio(author)
Annamaria Simonazzi(author)
DOIhttps://doi.org/10.11647/obp.0434.11
Landing pagehttps://www.openbookpublishers.com/books/10.11647/obp.0434/chapters/10.11647/obp.0434.11
Licensehttps://creativecommons.org/licenses/by-nc/4.0/
CopyrightDario Guarascio; Annamaria Simonazzi;
PublisherOpen Book Publishers
Published on2024-12-11
Long abstractFocusing on the automotive industry, this chapter addresses the problem of Europe’s vulnerability (e.g., import dependency, technological backwardness in key domains) and the hypothesis of the obsolescence of its growth and production model. First, we analyze the evolution of the Sino-German relationships highlighting the emergence of two divergent trajectories: while a well-tailored combination of industrial and trade policies allowed China to become the leader in electric vehicle (EV) production, the German development model, mostly driven by the choices of key carmakers, slowed innovation, fostered fragmentation within the European Union (EU) and created the conditions for the current vulnerability. Second, we identify the key elements— i.e., increasing demand for affordable EVs, investments in infrastructure for the provision of public goods, building-up a European Directorate for Resource Security—of a European industrial policy for sustainable mobility which may help achieve the multiple goals of decarbonizing the economy, increasing resilience, and reducing inequalities between and within countries.
Page rangepp. 169–180
Print length12 pages
LanguageEnglish (Original)
Contributors

Dario Guarascio

(author)
Associate Professor of Economic Policy at the Department of Economics and Law at Sapienza University of Rome
https://orcid.org/0000-0002-2748-6472

Dario Guarascio is Associate Professor of Economic Policy at the Department of Economics and Law—Sapienza University of Rome—and external affiliate of the Sant’Anna School of Advanced Studies in Pisa and of the National Institute for Public Policy Analysis (INAPP). Dario’s research covers economics of innovation, digitalization and labour markets, European economy, and industrial policy. He is Associate Editor of the journals Structural Change and Economic Dynamics, Journal of Industrial and Business Economics, and Economia & Lavoro and former member of the Commissions of the Ministry of Labour and Social Policy for the reform of social security.

Annamaria Simonazzi

(author)
Former Professor of Political Economy at Sapienza University of Rome
https://orcid.org/0000-0001-8861-5090

Annamaria Simonazzi is Former Professor of Political Economy at La Sapienza University of Rome and Cnel Expert Advisor in the X Council. She is President of the Giacomo Brodolini Foundation, Managing Director of Economia & Lavoro and member of the editorial board of the web magazine www.inGenere.it. She has published widely on European macroeconomic issues, industrial policy, employment, welfare, and gender economics.

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