New Economic Thinking for a New Industrial Strategy
12 June 2024, 6:00 pm–7:30 pm
![New Economic Thinking for a New Industrial Strategy](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/large_image/public/forum_5.png?itok=g2y6UG_I)
The launch of the Strategic Economics Alliance
This event is free.
Event Information
Open to
- All
Availability
- Yes
Cost
- Free
Organiser
-
UCL IIPP
Location
-
Gustave Tuck Lecture TheatreWilkins BuildingGower StreetLondonWC1E 6BTUnited Kingdom
About the session
Industrial strategy is back around the world; however, it risks reverting to old models focused on promoting specific sectors and technologies, guided by outdated economic assumptions that limit the role of the state. It is often also being advanced without a global equity or global climate action lens. IIPP’s new Strategic Economics Alliance (SEA), spearheaded by Professor Mariana Mazzucato and Dr Carolina Alves, aims to strengthen new economic thinking and its influence on economic policy, including in the area of green industrial strategy.
The climate crisis is a direct result of how we have designed our economies, and highlights the need for new economic thinking and practice. Current economic policy is severely restricted by economic theory that minimises the role of the state in shaping markets and directing growth that is inclusive and sustainable ex-ante - theory that has come predominantly from the Global North. IIPP is launching a new initiative to counteract this trend.
The SEA initiative will forge new connections between academics who are challenging mainstream economics and ambitious government and multilateral institution leaders, helping these leaders to better navigate the transition to inclusive and sustainable economies, and feeding back insights from their experience to inform economic theory. Importantly, it will provide a platform for amplifying the voices of women economists, in particular from the Global South, whose voices have been underrepresented.
Learn more about our work on industrial policy
Meet the panel
The discussion begun with a keynote speech from Founding Director and Professor in the Economics of Innovation and Public Value at UCL Institute for Innovation and Public Purpose (IIPP) Mariana Mazzucato followed by a high-level panel discussion chaired by Leslie Johnston, Chief Executive Officer at the Laudes Foundation, including Carolina Alves, Associate Professor in Economics at UCL Institute of Innovation and Public Purpose (IIPP), Bogolo Kenewendo, global economist and former Minister of Investment, Trade, and Industry in Botswana and Erika Kraemer-Mbula, Professor of Economics at the University of Johannesburg.
Key information
- When: Wednesday 12 June at 18:00 - 19:30 BST
- Where: Wilkins Gustave Tuck Lecture Theatre, UCL, Gower St, London WC1E 6BT
About the Speakers
Carolina Alves
Associate Professor in Economics at UCL Institute for Innovation and Public Purpose
![Carolina Alves](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/small_image/public/carolina_alves_1.jpg?itok=4g_9nTcb)
Mariana Mazzucato
Founding Director and Professor in the Economics of Innovation and Public Value at UCL Institute for Innovation and Public Purpose (IIPP)
![Mariana Mazzucato](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/small_image/public/marianamazzucato_0.jpeg?itok=0QxYOpaa)
Professor Mazzucato is the author of four highly-acclaimed books: The Entrepreneurial State: debunking public vs. private sector myths (2013), The Value of Everything: making and taking in the global economy (2018), Mission Economy: a moonshot guide to changing capitalism (2021) and The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies (2023).
She advises policymakers around the world on innovation-led, inclusive and sustainable growth. Her current roles include being Chair of the World Health Organization's Council on the Economics of Health for All, Co-Chair of the Global Commission on the Economics of Water, Co-Chair on the Council on Urban Initiatives, and a member of the South African President’s Economic Advisory Council.
More about Mariana MazzucatoLeslie Johnston
Chief Executive Officer at Laudes Foundation
![Leslie Johnston](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/small_image/public/leslie-johnston-934x934.jpeg?itok=DS8Y3D3V)
Leslie has over 25 years of management experience across business, entrepreneurship, development, and philanthropy. Previously, she headed C&A Foundation as its first Executive Director, repositioning it as a global catalyst to make fashion a force for good. She served as Executive Director of the Argidius Foundation, Deputy Director for TechnoServe in Africa and a management consultant for McKinsey & Company.
Leslie lives in Zug, Switzerland with her husband and two teenage sons.
More about Leslie JohnstonBogolo Joy Kenewendo
Global economist at Kenewendo Advisory
![Bogolo](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/small_image/public/bogolo.jpeg?itok=eohPdNPo)
Erika Kraemer-Mbula
Professor of Economics at University of Johannesburg
![Erika Kraemer-Mbula](https://www.ucl.ac.uk/bartlett/public-purpose/sites/bartlett_public_purpose/files/styles/small_image/public/erika_kraemer_mbula.jpg?itok=ggGJJDFP)