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    HomeNewsOpinionDecoding Economics: The importance of government subsidies for semiconductor manufacturing

    Decoding Economics: The importance of government subsidies for semiconductor manufacturing

    A recent NBER paper calculates that for every $1,000 in GDP, India, South Korea, and China have each spent $55, $51, and $42, respectively, on semiconductor policies

    Manas Chakravarty
    July 11, 2024 / 10:20 IST
    India is in a happy place, since it not only has the capability and a shared dislike of China, but also a large market that allows it to bargain hard for technology transfer
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