The EU is preparing to abandon its longstanding restrictions on state aid to take on US and Chinese subsidies over green technologies.
[…] The economics of this drift to protectionism are worrying. Our recent research on the effects of state subsidies in China suggest that such policies could do the US and EU economies more harm than good overall. […]
Read the full article here: https://theconversation.com/eu-poised-to-copy-us-subsidies-for-green-technology-new-evidence-from-china-shows-how-it-could-backfire-199715
