Industrial Policy & Economic Security Conference: Session 6

Lawrence H. Summers and Jake Sullivan engage in a detailed discussion about industrial policy, national security, and economic strategy, particularly in relation to China. They explore the balance between resilience and interdependence, the role of manufacturing, and the complexities of economic competition versus potential conflict. The conversation touches on historical analogies, such as the Cold War, and delves into specific issues like rare earth vulnerabilities, semiconductor manufacturing, and cybersecurity. They also address the importance of economic analysis in informing national security decisions, and the challenges of managing escalation in economic statecraft.