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Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

"A few years ago, when I was starting out as finance minister, you couldn't pronounce the words 'European economic policy'or 'European industrial policy,'" Bruno Le Maire, France's finance minister, said last week after the ministers'meeting. ...

One overview of the subject by a team that included Dani Rodrik, a Harvard economist, found that the "recent crop of papers offers in general a more positive take on industrial policy," compared with the traditional "knee-jerk opposition from economists.". ...

Momentum supporting factors

(policies,china,united_states)

Challenge supporting factors

(policies,countries,china)

(china,vehicles)

(policies,china,vehicles)

(policies,countries,vehicles)

(china,subsidized)

(policies,china,subsidized)

(policies,countries,subsidized)

(china,market)

(policies,china,market)

(policies,positive)

Work-in-progress supporting factors

(policies,policy)

(policies,countries,government)

(policies,world_bank)

(china,policy)

(policies,china,policy)

(policies,countries,policy)

(policies,government,vehicles)

(policies,government,subsidized)

(policies,government,speech)

(policies,government,markets)

(policies,government,market)

(policies,government,kristalina_georgieva)

(policies,government,hands-off)

(policies,government,european_union)

(policies,government,director)

Time Period	Challenge	Momentum	WIP
Report	11.97	2.82	85.22

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (policies,policy)	100.00
(2) (policies,countries,government)	87.08
(3) (policies,world_bank)	57.74
(4) (policies,china,united_states)	57.42
(5) (china,policy)	54.55
(6) (policies,china,policy)	52.47
(7) (policies,countries,policy)	51.36
(8) (policies,government,vehicles)	49.44
(9) (policies,government,subsidized)	49.12
(10) (policies,government,speech)	48.80
(11) (policies,government,markets)	48.33
(12) (policies,government,market)	48.17
(13) (policies,government,kristalina_georgieva)	48.01
(14) (policies,government,hands-off)	47.85
(15) (policies,government,european_union)	47.69
(16) (policies,government,director)	47.05
(17) (policies,government,citadels)	46.41
(18) (policies,government,china)	45.77
(19) (china,minister)	45.14
(20) (policies,china,minister)	44.66
(21) (policies,countries,minister)	44.34
(22) (policies,minister)	44.02
(23) (policy,finance)	43.54
(24) (china,finance)	42.58
(25) (economic,finance)	42.26
(26) (policies,china,finance)	41.79
(27) (policies,countries,finance)	41.47
(28) (policies,finance)	41.15
(29) (policy,economic,finance)	40.83
(30) (policies,countries,china)	40.35
(31) (policies,countries,world_bank)	38.12
(32) (china,vehicles)	37.64
(33) (policies,china,vehicles)	36.68
(34) (policies,countries,vehicles)	35.73
(35) (policies,countries,trend)	34.77
(36) (policies,countries,trade)	33.81
(37) (china,subsidized)	33.17
(38) (policies,china,subsidized)	32.70
(39) (economic,beijing)	32.38
(40) (policies,countries,subsidized)	31.74
(41) (policy,beijing)	31.58
(42) (policies,kose)	31.42
(43) (policy,economic,beijing)	30.94
(44) (policies,countries,speech)	30.78
(45) (china,technology)	27.91
(46) (china,united_states,technology)	27.43
(47) (economic,technology)	27.27
(48) (policies,china,technology)	26.63
(49) (policies,united_states,technology)	26.00
(50) (policy,economic,technology)	25.20
(51) (policy,technology)	24.56
(52) (policies,china,state-owned)	24.24
(53) (policies,united_states,state-owned)	23.29
(54) (china,multibillion-dollar)	23.13
(55) (china,united_states,multibillion-dollar)	22.33
(56) (policies,china,multibillion-dollar)	22.01
(57) (policies,united_states,multibillion-dollar)	21.53
(58) (china,market)	21.37
(59) (policies,china,market)	20.89
(60) (policies,china,industries)	20.57
(61) (policies,united_states,industries)	20.10
(62) (policies,united_states,semiconductor)	19.78
(63) (policies,united_states,industry)	19.62
(64) (china,united_states,europe)	19.62
(65) (policies,united_states,europe)	19.30
(66) (policies,energy)	19.14
(67) (policies,united_states,energy)	18.66
(68) (china,united_states,climate)	18.50
(69) (policies,united_states,climate)	18.34
(70) (policy,minister)	18.18
(71) (china,united_states,beijing)	18.18
(72) (policies,united_states,beijing)	17.70
(73) (policies,positive)	15.95
(74) (policies,european)	15.47
(75) (economic,minister)	15.31
(76) (economic,washington)	15.15
(77) (policy,economic,minister)	14.83
(78) (policy,economic,washington)	11.32
(79) (policy,washington)	11.00
(80) (economic,united_states)	10.85
(81) (policy,economic,united_states)	9.89
(82) (policy,united_states)	9.41
(83) (economic,stepped-up)	9.25
(84) (policy,economic,stepped-up)	8.61
(85) (policy,stepped-up)	7.81
(86) (policy,economic,state-owned)	7.34
(87) (policy,growth)	6.54
(88) (policy,state-owned)	6.38
(89) (policy,economic,self-sufficiency)	6.06
(90) (economic,growth)	6.06
(91) (policy,economic,security)	5.10
(92) (policy,economic,policies)	3.99
(93) (policy,world_bank)	2.87
(94) (economic,worldwide)	2.39
(95) (economic,world_bank)	2.23
(96) (economic,top-down)	2.07
(97) (china,state-owned)	1.75
(98) (china,united_states,state-owned)	1.28
(99) (china,industries)	1.12
(100) (china,united_states,industries)	0.32

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

momentum - Back to HLA

That faith in the superiority of free-market policies was deeply shaken in recent years by a string of global jolts - the pandemic, supply chain meltdowns, soaring inflation and interest rates, Russia's invasion of Ukraine, and rising tensions between the United States and China. ...
High Level Abstractions:

(policies,china,united_states)
Inferred entity relationships (5)
(china,policies,state-owned) [inferred]
(china,policies,subsidized) [inferred]
(china,policies,vehicles) [inferred]
(china,policies,policy) [inferred]
(china,policies,technology) [inferred]

challenge - Back to HLA

"A few years ago, when I was starting out as finance minister, you couldn't pronounce the words 'European economic policy'or 'European industrial policy,'" Bruno Le Maire, France's finance minister, said last week after the ministers'meeting.. . Their embrace of industrial policies hasn't stopped Western countries from criticizing China's tactics. Last year, the European Union accused China of flooding the market with cheap electric vehicles subsidized by the government ...
High Level Abstractions:

(policies,countries,china)
Inferred entity relationships (7)
(countries,policies,trade) [inferred]
(countries,policies,policy) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(countries,policies,world_bank) [inferred]
(countries,policies,vehicles) [inferred]
(countries,policies,subsidized) [inferred]

challenge - Back to HLA

Their embrace of industrial policies hasn't stopped Western countries from criticizing China's tactics. Last year, the European Union accused China of flooding the market with cheap electric vehicles subsidized by the government. ...
High Level Abstractions:

(policies,countries,vehicles)
(china,vehicles)
(china,subsidized)
(policies,china,market)
(policies,china,vehicles)
(policies,china,subsidized)
(policies,countries,subsidized)
(china,market)
Inferred entity relationships (15)
(china,policies,united_states) [inferred]
(countries,policies,trade) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(china,policies,policy) [inferred]
(china,policies,technology) [inferred]
(countries,policies,subsidized) [inferred]
(china,policies,state-owned) [inferred]
(china,market) [inferred]
(china,policies,subsidized) [inferred]
(china,policies,vehicles) [inferred]
(countries,policies,policy) [inferred]
(china,market,policies) [inferred]
(countries,policies,world_bank) [inferred]
(countries,policies,vehicles) [inferred]

challenge - Back to HLA

Yellen complained that Chinese subsidies of green energy were pushing American and European firms out of business.. . Positive appraisals of industrial policies in general have grown in recent years. One overview of the subject by a team that included Dani Rodrik, a Harvard economist, found that the "recent crop of papers offers in general a more positive take on industrial policy," compared with the traditional "knee-jerk opposition from economists." ...
High Level Abstractions:

(policies,positive)

WIP - Back to HLA

"A few years ago, when I was starting out as finance minister, you couldn't pronounce the words 'European economic policy'or 'European industrial policy,'" Bruno Le Maire, France's finance minister, said last week after the ministers'meeting. ...
High Level Abstractions:

(policies,china,finance)
(policies,china,minister)
(policies,minister)
(china,finance)
(policies,policy)
(policies,china,policy)
(policies,countries,finance)
(policies,countries,minister)
(policies,countries,policy)
(china,minister)
(china,policy)
(policies,finance)
Inferred entity relationships (18)
(china,policies,united_states) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(countries,policies,subsidized) [inferred]
(china,policies,state-owned) [inferred]
(china,minister) [inferred]
(finance,policies) [inferred]
(china,policies,subsidized) [inferred]
(china,finance,policies) [inferred]
(countries,policies,world_bank) [inferred]
(countries,policies,vehicles) [inferred]
(minister,policies) [inferred]
(countries,policies,trade) [inferred]
(china,finance) [inferred]
(china,minister,policies) [inferred]
(china,policies,technology) [inferred]
(china,policies,vehicles) [inferred]
(policies,policy) [inferred]

WIP - Back to HLA

One overview of the subject by a team that included Dani Rodrik, a Harvard economist, found that the "recent crop of papers offers in general a more positive take on industrial policy," compared with the traditional "knee-jerk opposition from economists.". ...
High Level Abstractions:

(policies,policy)

WIP - Back to HLA

Last year, the European Union accused China of flooding the market with cheap electric vehicles subsidized by the government. ...
High Level Abstractions:

(policies,government,vehicles)
(policies,government,subsidized)
(policies,government,market)
(policies,government,china)
(policies,countries,government)
Inferred entity relationships (3)
(government,policies,speech) [inferred]
(government,policies,vehicles) [inferred]
(government,policies,subsidized) [inferred]

WIP - Back to HLA

And in a speech last week, Kristalina Georgieva, the I.M.F.'s managing director, cautioned that except in extraordinary circumstances, the case for government intervention was weak ...
High Level Abstractions:

(policies,government,speech)
(policies,government,kristalina_georgieva)
(policies,government,director)
Inferred entity relationships (3)
(government,policies,vehicles) [inferred]
(government,policies,speech) [inferred]
(government,policies,subsidized) [inferred]

WIP - Back to HLA

The current wave of policies, though, is a stark contrast to the classic open markets, hands-off government ideology championed by the citadels of capitalism in recent decades. ...
High Level Abstractions:

(policies,government,markets)
(policies,government,citadels)
(policies,government,hands-off)
Inferred entity relationships (3)
(government,policies,speech) [inferred]
(government,policies,vehicles) [inferred]
(government,policies,subsidized) [inferred]

WIP - Back to HLA

Last year, the European Union accused China of flooding the market with cheap electric vehicles subsidized by the government ...
High Level Abstractions:

(policies,government,european_union)
Inferred entity relationships (3)
(government,policies,speech) [inferred]
(government,policies,vehicles) [inferred]
(government,policies,subsidized) [inferred]

WIP - Back to HLA

And in a speech last week, Kristalina Georgieva, the I.M.F.'s managing director, cautioned that except in extraordinary circumstances, the case for government intervention was weak. ...
High Level Abstractions:

(policies,countries,government)
Inferred entity relationships (3)
(government,policies,speech) [inferred]
(government,policies,vehicles) [inferred]
(government,policies,subsidized) [inferred]

WIP - Back to HLA

"A few years ago, when I was starting out as finance minister, you couldn't pronounce the words 'European economic policy'or 'European industrial policy,'" Bruno Le Maire, France's finance minister, said last week after the ministers'meeting ...
High Level Abstractions:

(policy,economic,minister)
(economic,minister)
(economic,finance)
(policy,economic,finance)
(policy,finance)
(policy,minister)
Inferred entity relationships (6)
(economic,finance,policy) [inferred]
(minister,policy) [inferred]
(finance,policy) [inferred]
(economic,finance) [inferred]
(economic,minister) [inferred]
(economic,minister,policy) [inferred]

WIP - Back to HLA

Ayhan Kose, the deputy chief economist of the World Bank, said about the trend of rich countries pursuing industrial policies. "This is one way of doing it." ...
High Level Abstractions:

(policies,countries,world_bank)
(policies,world_bank)
Inferred entity relationships (7)
(policies,world_bank) [inferred]
(countries,policies,trade) [inferred]
(countries,policies,policy) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(countries,policies,vehicles) [inferred]
(countries,policies,subsidized) [inferred]

WIP - Back to HLA

Ayhan Kose, the deputy chief economist of the World Bank, said about the trend of rich countries pursuing industrial policies. "This is one way of doing it.". . And in a speech last week, Kristalina Georgieva, the I.M.F.'s managing director, cautioned that except in extraordinary circumstances, the case for government intervention was weak ...
High Level Abstractions:

(policies,countries,speech)
(policies,countries,trend)
Inferred entity relationships (7)
(countries,policies,trade) [inferred]
(countries,policies,policy) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(countries,policies,world_bank) [inferred]
(countries,policies,vehicles) [inferred]
(countries,policies,subsidized) [inferred]

WIP - Back to HLA

The three European countries have joined the parade of others that are enthusiastically embracing industrial policies - the catchall term for a variety of measures like targeted subsidies, tax incentives, regulations and trade restrictions - meant to steer an economy. ...
High Level Abstractions:

(policies,countries,trade)
Inferred entity relationships (6)
(countries,policies,policy) [inferred]
(countries,policies,speech) [inferred]
(countries,policies,trend) [inferred]
(countries,policies,world_bank) [inferred]
(countries,policies,vehicles) [inferred]
(countries,policies,subsidized) [inferred]

WIP - Back to HLA

After years of complaints about China's subsidies of private and state-owned industries, the United States and Europe have increasingly copied Beijing's playbook, undertaking multibillion-dollar industrial policies focused on critical technology and climate change ...
High Level Abstractions:

(policies,china,united_states)
(policies,united_states,industries)
(policies,united_states,state-owned)
(policies,china,state-owned)
(policies,china,industries)
(china,united_states,europe)
(policies,united_states,beijing)
(policy,beijing)
(economic,beijing)
(china,united_states,beijing)
(policies,united_states,europe)
(policy,economic,beijing)
Inferred entity relationships (19)
(china,industries,united_states) [inferred]
(china,policies,united_states) [inferred]
(china,policies,policy) [inferred]
(economic,policy,security) [inferred]
(policies,state-owned,united_states) [inferred]
(economic,policy,technology) [inferred]
(china,policies,state-owned) [inferred]
(economic,policy,self-sufficiency) [inferred]
(china,policies,subsidized) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(economic,policy,state-owned) [inferred]
(beijing,economic) [inferred]
(beijing,economic,policy) [inferred]
(china,policies,technology) [inferred]
(economic,policy,united_states) [inferred]
(china,policies,vehicles) [inferred]
(industries,policies,united_states) [inferred]
(china,industries) [inferred]

WIP - Back to HLA

After years of complaints about China's subsidies of private and state-owned industries, the United States and Europe have increasingly copied Beijing's playbook, undertaking multibillion-dollar industrial policies focused on critical technology and climate change. ...
High Level Abstractions:

(policies,united_states,climate)
(china,united_states,technology)
(policies,china,multibillion-dollar)
(policy,technology)
(policy,economic,technology)
(policies,united_states,multibillion-dollar)
(china,united_states,multibillion-dollar)
(policies,united_states,technology)
(economic,technology)
(china,united_states,climate)
(china,technology)
(china,multibillion-dollar)
(policy,economic,policies)
(policies,china,technology)
Inferred entity relationships (20)
(china,policies,united_states) [inferred]
(china,multibillion-dollar,policies) [inferred]
(china,policies,policy) [inferred]
(economic,policy,security) [inferred]
(china,policies,state-owned) [inferred]
(economic,policy,self-sufficiency) [inferred]
(policy,technology) [inferred]
(china,policies,subsidized) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(economic,policy,state-owned) [inferred]
(china,multibillion-dollar,united_states) [inferred]
(multibillion-dollar,policies,united_states) [inferred]
(policies,technology,united_states) [inferred]
(economic,policy,united_states) [inferred]
(china,multibillion-dollar) [inferred]
(china,policies,vehicles) [inferred]
(china,technology) [inferred]
(china,technology,united_states) [inferred]
(policies,policy) [inferred]

WIP - Back to HLA

. But many economists like Mr. Kose of the World Bank remain skeptics, arguing that most industrial policies will end up reducing overall growth, making things worse rather than better. ...
High Level Abstractions:

(policies,world_bank)
(policies,kose)

WIP - Back to HLA

. The United States passed two mammoth bills in 2022 to strengthen its domestic semiconductor industry and renewable energy sector. ...
High Level Abstractions:

(policies,united_states,industry)
(policies,united_states,semiconductor)

WIP - Back to HLA

The United States passed two mammoth bills in 2022 to strengthen its domestic semiconductor industry and renewable energy sector. ...
High Level Abstractions:

(policies,energy)
(policies,united_states,energy)
Inferred entity relationships (2)
(energy,policies) [inferred]
(energy,policies,united_states) [inferred]

WIP - Back to HLA

Ayhan Kose, the deputy chief economist of the World Bank, said about the trend of rich countries pursuing industrial policies ...
High Level Abstractions:

(policies,kose)

WIP - Back to HLA

The three European countries have joined the parade of others that are enthusiastically embracing industrial policies - the catchall term for a variety of measures like targeted subsidies, tax incentives, regulations and trade restrictions - meant to steer an economy ...
High Level Abstractions:

(policies,european)

WIP - Back to HLA

Meeting outside Paris last week, top officials from France, Germany and Italy pledged to pursue a coordinated economic policy to counter stepped-up efforts by Washington and Beijing to protect their own homegrown businesses. ...
High Level Abstractions:

(economic,washington)
(economic,beijing)
(economic,stepped-up)
(policy,beijing)
(policy,economic,washington)
(policy,stepped-up)
(policy,economic,stepped-up)
(policy,economic,beijing)
(policy,washington)
Inferred entity relationships (11)
(beijing,economic,policy) [inferred]
(economic,policy,security) [inferred]
(economic,policy,technology) [inferred]
(economic,policy,self-sufficiency) [inferred]
(economic,policy,united_states) [inferred]
(policy,washington) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(policy,stepped-up) [inferred]
(economic,policy,state-owned) [inferred]
(beijing,economic) [inferred]

WIP - Back to HLA

. After years of complaints about China's subsidies of private and state-owned industries, the United States and Europe have increasingly copied Beijing's playbook, undertaking multibillion-dollar industrial policies focused on critical technology and climate change ...
High Level Abstractions:

(china,united_states,industries)
(china,industries)
(china,united_states,state-owned)
(policy,economic,united_states)
(economic,united_states)
(china,state-owned)
(policy,united_states)
Inferred entity relationships (12)
(china,state-owned,united_states) [inferred]
(china,industries,united_states) [inferred]
(economic,policy,security) [inferred]
(china,industries,policies) [inferred]
(economic,policy,technology) [inferred]
(economic,policy,self-sufficiency) [inferred]
(policy,united_states) [inferred]
(china,state-owned) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(china,industries) [inferred]
(economic,policy,state-owned) [inferred]

WIP - Back to HLA

In many capitals, security, resilience and self-sufficiency were pushed to the front of the list of economic policy goals along with growth and efficiency.. . After years of complaints about China's subsidies of private and state-owned industries, the United States and Europe have increasingly copied Beijing's playbook, undertaking multibillion-dollar industrial policies focused on critical technology and climate change ...
High Level Abstractions:

(economic,growth)
(policy,economic,state-owned)
(policy,growth)
(policy,state-owned)
Inferred entity relationships (7)
(economic,policy,self-sufficiency) [inferred]
(economic,policy,united_states) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(economic,policy,security) [inferred]
(policy,state-owned) [inferred]
(economic,policy,technology) [inferred]

WIP - Back to HLA

In many capitals, security, resilience and self-sufficiency were pushed to the front of the list of economic policy goals along with growth and efficiency. ...
High Level Abstractions:

(china,policy)
(policy,economic,self-sufficiency)
(policy,economic,security)
Inferred entity relationships (7)
(economic,policy,united_states) [inferred]
(economic,policy,self-sufficiency) [inferred]
(economic,policy,stepped-up) [inferred]
(economic,policy,washington) [inferred]
(economic,policy,security) [inferred]
(economic,policy,state-owned) [inferred]
(economic,policy,technology) [inferred]

WIP - Back to HLA

Now that "the term 'industrial policy'is no longer taboo," said Mr. Le Maire, France's finance minister, "Europe needs to show its teeth, and show that it's determined to defend its industry." ...
High Level Abstractions:

(policy,minister)
(policy,finance)

WIP - Back to HLA

Kose of the World Bank remain skeptics, arguing that most industrial policies will end up reducing overall growth, making things worse rather than better. ...
High Level Abstractions:

(policy,growth)

WIP - Back to HLA

Stiglitz, a Nobel Prize-winning professor at Columbia University, has called industrial policy a "no-brainer.". . But many economists like Mr. Kose of the World Bank remain skeptics, arguing that most industrial policies will end up reducing overall growth, making things worse rather than better ...
High Level Abstractions:

(policy,world_bank)

WIP - Back to HLA

The sharpened debate is sure to be on display at the economic lollapalooza that opened Wednesday in Washington - otherwise known as the annual spring meetings of the International Monetary Fund and the World Bank ...
High Level Abstractions:

(economic,washington)

WIP - Back to HLA

The measures are generally popular at home, but the trend is worrying some international leaders and economists who warn that such top-down economic interventions could end up slowing worldwide growth.. . The sharpened debate is sure to be on display at the economic lollapalooza that opened Wednesday in Washington - otherwise known as the annual spring meetings of the International Monetary Fund and the World Bank ...
High Level Abstractions:

(economic,growth)
(economic,worldwide)
(economic,top-down)

WIP - Back to HLA

The sharpened debate is sure to be on display at the economic lollapalooza that opened Wednesday in Washington - otherwise known as the annual spring meetings of the International Monetary Fund and the World Bank. ...
High Level Abstractions:

(economic,world_bank)

WIP - Back to HLA

The data also suggested that when a country introduced a subsidy, there was roughly a 75 percent chance that within a year, another country would introduce a similar one on the same product.. . As fears about Europe's ability to compete with the United States and China increase, the European Union seems determined to move ahead with more coordinated economic interventions - even though its members do not necessarily agree on which ones ...
High Level Abstractions:

(china,united_states,europe)

Semantics Relevance

The Global Turn Away From Free-Market Policies Worries Economists