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The Times

Yes, it’s difficult for governments to pick green industry winners – but it’s essential Australia tries

  • Written by Llewelyn Hughes, Professor of Public Policy, Crawford School of Public Policy, Australian National University
Yes, it’s difficult for governments to pick green industry winners – but it’s essential Australia triesNorenko Andrey/Shutterstock

Since the 1990s, the economic agenda of governments across much of the world has been dominated by the Washington Consensus. This is a series of policy recommendations centred on privatisation of state businesses, deregulation of industries, liberalisation of trade, and opening economies to foreign direct investment.

As a...

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