After decades of neglect, industrial policy is back on policymakers’ agendas. This is true even in the European Union, where policymakers’ focus has long been primarily on regulatory competences to ensure a level playing field in the European single market. However, to date, the new forms of EU industrial policy and the many initiatives taken by EU actors and institutions remain fragmented, often uncoordinated, and largely unaccountable to political principals across Europe.

This project aims to analyse the goals, instruments, actors and governance mechanisms and political accountability of the new EU industrial policy that has gradually been emerging in the single market since the great financial crisis. By so doing, the policy report has the ambition to develop a set of policy recommendations for a reform of EU industrial policy which shall be organisationally efficient, economically effective, socially (and geographically) inclusive and democratically accountable.