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Semiconductor and ICT Industrial Policy in the US and EU: Geopolitical Threat Responses
[journal article]
Abstract This article analyses chips and critical ICT infrastructure policy in the US and the EU. It examines the increasing importance of Waltian geopolitical security threats on both sides of the Atlantic as a driver of industrial policy, export controls, self-sufficiency, and friendshoring as a replacemen... view more
This article analyses chips and critical ICT infrastructure policy in the US and the EU. It examines the increasing importance of Waltian geopolitical security threats on both sides of the Atlantic as a driver of industrial policy, export controls, self-sufficiency, and friendshoring as a replacement for dependence on global supply chains. It shows that threat perceptions are strong and bipartisan in the US, allowing comprehensive, strategic and well-funded industrial policy. Threat perceptions driving chip and 5G industrial policy are also present in the EU's Economic Security Strategy and related policies. However, differing national preferences dilute a Waltian turn with continued attachment to liberal (global supply chain) approaches to chips and 5G infrastructure and a Waltzian realist stance (capacity-building to build, protect, and promote regardless of security threat) that occupies the middle ground.... view less
Keywords
EU; United States of America; national security; industrial policy; threat; self-sufficiency
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
European Politics
Free Keywords
5G; European Union; United States; semiconductors; strategic autonomy; supply chains
Document language
English
Publication Year
2023
Page/Pages
p. 129-139
Journal
Politics and Governance, 11 (2023) 4
Issue topic
Economic Security and the Politics of Trade and Investment Policy in Europe
ISSN
2183-2463
Status
Published Version; peer reviewed