Industrial policy can be viewed as a micro policy, while privatization is more of a macro issue oriented toward international trade and world markets.

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Industrial policy and privatization are both macroeconomic policies that can have important implications for a country's economic development and international competitiveness. Industrial policy refers to government interventions aimed at promoting the growth of specific industries or sectors through subsidies, tax incentives, and other forms of support. Privatization, on the other hand, typically involves the sale of government-owned assets to private investors, with the aim of reducing state control over the economy and improving efficiency. While industrial policy may be more focused on specific sectors or industries, privatization can have broader implications for a country's economic structure and competitiveness in global markets.

Industrial Policy Can Be Viewed as a Micro Policy, While