Industrial Tools Nat Sec Pol

3 Credits · Level: Graduate

This course examines the extent to which industrial policies and acquisition law influence national security strategy and international security. The 2020 pandemic, 2021 invasion of Ukraine, heightened geopolitical tension with China, and global climate concerns all raised awareness of supply chain resilience and the ability of the market to allocate limited resources effectively and effectively. Emerging technologies such as AI and quantum raise the risk of U.S. commercial products and advanced weapons systems not being able to overcome shortfalls in software development and manufacturing capabilities, introducing a new front for an arms race. This course will delve into how governments use targeted interventions known as industrial policy to make domestic producers more competitive or promote growth in selected industries to avoid market failures and bolster national security. It will begin with a historical review of policy foundations for U.S. and international investment programs and activities, including acquisition policy evolution, relevant laws and Congressional action related to major wars and relevant economic gain. The second half of the course will address current issues in trade policy and industry interventions as they relate to U.S.-China vis-a-vis U.S.-Russia relations. These issues include national infrastructure investments, tariffs, import-export controls, foreign investment reviews, mergers and acquisitions, stockpiling policy, domestic production, workforce development, and industrial taxation and credits.