Policy

It is no secret that the lobbying might of financial institutions has shaped regulatory rules at national, European and global level. But did the disaster of the 2007 financial crisis change this? The honest answer is that the old institutions are still up to their old tricks, and a change in how we make policy is needed if we are to avoid a repeat of the crisis.

Government procurement has long been used to help further public policy goals and European countries such as Italy and France are willing to still use it today to support renewable industries. However, at the European level something quite different is afoot that threatens the ability of procurement to be used to develop industry.