Industrial Policy And Economic Transformation In Africa

Author : Akbar Noman,Joseph E. Stiglitz
Publisher : Columbia University Press
Page : 469 pages
File Size : 42,7 Mb
Release : 2015-09-15
Category : Business & Economics
ISBN : 9780231540773

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Industrial Policy and Economic Transformation in Africa by Akbar Noman,Joseph E. Stiglitz Pdf

The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.

Author : John Page,Finn Tarp
Publisher : Oxford University Press
Page : 331 pages
File Size : 46,7 Mb
Release : 2017
Category : Business & Economics
ISBN : 9780198796954

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The Practice of Industrial Policy by John Page,Finn Tarp Pdf

Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is therefore fairly broad agreement in the development literature that some form of structured engagement, often referred to as close or strategic coordination, between the public and private sectors is needed, both to assist in the design of appropriate policies and to provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives should be defined, and how success should be measured. In fact, the academic literature on close coordination provides little practical guidance on how governments interested in developing a framework for government business engagement should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where -- despite 20 years of growth -- lack of structural transformation has slowed job creation and the pace of poverty reduction. Increasingly, African governments are seeking to design and implement policies to encourage the more rapid growth of high productivity industries and in the process confronting the need to engage constructively with the private sector. These efforts have met with mixed results. For sustained success in structural transformation, new policies and new approaches to government-business coordination will be needed. In 2014 the Korea International Cooperation Agency and UNU-WIDER launched a joint research project on 'The Practice of Industrial Policy'. The objective of the project was to help African policy-makers develop better coordination between the public and private sectors in order to identify the constraints to faster structural transformation and to design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research.

Author : Moyo, Theresa
Publisher : CODESRIA
Page : 404 pages
File Size : 51,9 Mb
Release : 2015-03-02
Category : Business & Economics
ISBN : 9782869785717

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Trade and Industrial Development in Africa by Moyo, Theresa Pdf

This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.

Author : J. Esteban,J. Stiglitz,Justin Lin Yifu
Publisher : Springer
Page : 607 pages
File Size : 54,8 Mb
Release : 2013-12-13
Category : Political Science
ISBN : 9781137335234

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The Industrial Policy Revolution II by J. Esteban,J. Stiglitz,Justin Lin Yifu Pdf

This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.

Author : Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang
Publisher : IDRC
Page : 376 pages
File Size : 52,9 Mb
Release : 2004
Category : Africa
ISBN : 9781592211654

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The Politics of Trade and Industrial Policy in Africa by Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang Pdf

This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.

Author : Banji Oyelaran-Oyeyinka,Padmashree Gehl Sampath
Publisher : Springer
Page : 223 pages
File Size : 53,8 Mb
Release : 2016-04-29
Category : Business & Economics
ISBN : 9781137561121

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Sustainable Industrialization in Africa by Banji Oyelaran-Oyeyinka,Padmashree Gehl Sampath Pdf

Sustainable Industrialization in Africa explores the issues that confront development policy in the context of the MDGs and the post-2015 development agenda from an African perspective. The book argues that development is an ultimate outcome of sustainable, equitable industrialization, and that any development agenda for the future has to ensure that industrialization is fostered in a way that makes economies independent and responsive to the needs of all citizens. Future challenges for sustainable industrialization in Africa, based upon the differences in its current industrialization trajectories, are discussed to ensure that industrial growth results in positive economic and social outcomes in the context of the post-2015 development agenda.

Author : United Nations Conference on Trade and Development (UNCTAD)
Publisher : United Nations
Page : 136 pages
File Size : 53,6 Mb
Release : 2011-08-17
Category : Political Science
ISBN : 9789210549516

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Economic Development in Africa Report 2011 by United Nations Conference on Trade and Development (UNCTAD) Pdf

This publication examines the status of industrial development in Africa with a focus on the identification of stylized facts associated with African manufacturing. It provides an analysis of past attempts at promoting industrial development in the region and the lessons learned from these experiences. It offers policy recommendations on how to foster industrial development in Africa in the new global environment characterized by changing international trade rules, growing influence of industrial powers from the South, the internationalization of production, and increasing concerns about climate change. Finally, it argues that a new industrial policy is needed to induce structural transformation and engender development in African economies.

Author : Lindsay Whitfield,Ole Therkildsen,Lars Buur,Anne Mette Kjær
Publisher : Unknown
Page : 128 pages
File Size : 40,7 Mb
Release : 2015
Category : BUSINESS & ECONOMICS
ISBN : 1316321029

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The Politics of African Industrial Policy by Lindsay Whitfield,Ole Therkildsen,Lars Buur,Anne Mette Kjær Pdf

Author : Carol Newman,John Page,John Rand,Abebe Shimeles,Måns Söderbom,Finn Tarp
Publisher : Oxford University Press
Page : 352 pages
File Size : 51,7 Mb
Release : 2016-07-14
Category : Business & Economics
ISBN : 9780191082856

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Manufacturing Transformation by Carol Newman,John Page,John Rand,Abebe Shimeles,Måns Söderbom,Finn Tarp Pdf

While it is possible for economies to grow based on abundant land or natural resources, more often structural change-the shift of resources from low-productivity to high-productivity sectors-is the key driver of economic growth. Structural transformation is vital for Africa. The region's much-lauded growth turnaround since 1995 has been the result of making fewer economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa's economic structure has changed very little. Primary commodities and natural resources still account for the bulk of the region's exports. Industry is most often the leading driver of structural transformation. Africa's experience with industrialization over the past thirty years has been disappointing. In 2010, sub-Saharan Africa's average share of manufacturing value added in GDP was ten per cent, unchanged from the 1970s. Actually, the share of medium- and high-tech goods in manufacturing production has been falling since the mid-1990s. Per capita manufactured exports are less than ten per cent of the developing country average. Consequently, Africa's industrial transformation has yet to take place. This book presents results of comparative country-based research that sought to answer a seemingly simple but puzzling question: why is there so little industry in Africa? It brings together detailed country case studies of industrial policies and industrialization outcomes in eleven countries, conducted by teams of national researchers in partnership with international experts on industrial development. It provides the reader with the most comprehensive description and analysis available to date of the contemporary industrialization experience in low-income Africa. This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.

Author : Horman Chitonge
Publisher : Routledge
Page : 0 pages
File Size : 46,7 Mb
Release : 2023-05
Category : Africa
ISBN : 0367699613

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Industrial Policy and the Transformation of the Colonial Economy in Africa by Horman Chitonge Pdf

This book analyses the role industrial policy can play in the transformation of African economies, outlining a specific type of industrial policy, Frontier Industrial Policy as an instrument for transformation. The book will be of interest to researchers across Economics, Development, Postcolonial Studies and African Studies.

Author : Arkebe Oqubay
Publisher : Oxford University Press, USA
Page : 375 pages
File Size : 43,9 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780198739890

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Made in Africa by Arkebe Oqubay Pdf

This study presents the findings of original field research into the design, practice, and varied outcomes of industrial policy in three sectors in Ethiopia: cement, leather and leather products, and floriculture. Given that there is a single industrial strategy, why do its outcomes vary across sectors? To what extent is this a function of the specific market and political economy features of each sector? The book examines industrial structures and associated global value chains to demonstrate the challenges faced by African firms in international markets.

Author : Anonim
Publisher : GRIN Verlag
Page : 28 pages
File Size : 55,8 Mb
Release : 2018-11-12
Category : Political Science
ISBN : 9783668832879

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Industrialization in Sub Saharan Africa. Challenges and Opportunities by Anonim Pdf

Seminar paper from the year 2018 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,0, Leuphana Universität Lüneburg, language: English, abstract: The main question that is supposed to be answered in this paper is: does Africa need Industrial policy for (sustainable) economic development? How are these policies supposed to look like and what are the preconditions to achieve them? To be able to find solutions for these interrelated questions, they have to be embedded in a broader context. First, a short introduction into the history of Africa’s economic development, with regard to (de)industrialization, is being given. To understand why industrial policy might be of importance, one also has to look into the relationship between structural transformation and the chances of economic growth. This paper is aiming to give an overview about the reasons why Africa (mostly Sub-Saharan Africa) has missed industrialization, how structural transformation can lead to (sustainable) economic development and growth and which chances and challenges African countries face as late-industrializers in a world with high levels of globalization. The first part is meant to give a short introduction into the economic development and (de-)industrialization of modern post-colonial Africa. This is important as the current economic situation can only be fully understood by looking at what has happened in the past. The second part is giving theoretical input about structural transformation and the role of industrial policies – discussing its scientific background of pros and cons.

Author : Horman Chitonge
Publisher : Routledge
Page : 290 pages
File Size : 52,7 Mb
Release : 2021
Category : Business & Economics
ISBN : 1003144004

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Industrial Policy and the Transformation of the Colonial Economy in Africa by Horman Chitonge Pdf

"Industrial Policy and the Transformation of the Colonial Economy in Africa offers an in-depth analysis of the role industrial policy can play in the transformation of African economies. Using examples from Zambia's industrial development experience, this book illustrates that core features of the colonial economy have not just survived six decades of independence in most African countries, but they have continued to shape the nature, scope and pace of economic activities on the continent. The book argues that since the colonial economy in Africa was not intended to serve the interests of Africans, it is imperative that the structures and the underlying rationale of the colonial economy are radically re-oriented if economic activities in Africa are to benefit the majority of Africans. Drawing from the Zambian experience, the book shows that a shift away from the colonial economy in Africa is an urgent necessity, and whilst difficult, it can be done. In particular, the book outlines a specific type of industrial policy, Frontier Industrial Policy as a key instrument for transformation. At a time when economic growth across Africa is under considerable pressure due to COVID-19, the insights in this book will be of interest to researchers across Economics, Development, Postcolonial Studies and African Studies"--

Author : Shigeru Thomas Otsubo,Christian Samen Otchia
Publisher : Routledge
Page : 290 pages
File Size : 55,9 Mb
Release : 2020-12-01
Category : Business & Economics
ISBN : 9781000210491

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Designing Integrated Industrial Policies Volume II by Shigeru Thomas Otsubo,Christian Samen Otchia Pdf

Very little has been written on industrialization and deindustrialization in Asia and Africa. This reference work sheds illuminating light upon the industrial development in Asia and Africa. It also provides an in-depth look into China’s engagement and migrant labour in Africa. The book also addresses the roles of public-private partnership (PPP) and international development cooperation and how they are fundamental to industrialization in Asia and Africa. Designing Integrated Industrial Policies will be a very useful reference particularly as a how-to guide on industrial promotion and designing integrated industrial policies not only for economic growth and job creation but also for "inclusive" development. It comes with country cases and illustrates useful tools for industrial policy simulation and for evidence-based policy making through these concrete examples.

Author : Murat A. Yülek
Publisher : Springer
Page : 304 pages
File Size : 41,5 Mb
Release : 2018-08-02
Category : Business & Economics
ISBN : 9789811305689

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How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development by Murat A. Yülek Pdf

This book assesses developmental experience in different countries as well as British expansion following the industrial revolution from a developmental perspective. It explains why some nations are rich and others are poor, and discusses how manufacturing made economies flourish and spur economic development. It explains how today’s governments can design and implement industrial policy, and how they can determine economically strategic sectors to break out of Low and Middle Income Traps. Closely linked to global trade and (im)balances, industrialization was never an accident. Industrialization explains how some countries experience export-led growth and others import-led slowdowns. Many confuse industrialization with the construction of factory buildings rather than a capacity and skill building process through certain stages. Industrial policy helps countries advance through those stages. Explaining technical concepts in understandable terms, the book discusses the capacity and limits of the developmental state in industrialization and in general in economic development, demonstrating how picking-the-winner type focused industrial policy has worked in different countries. It also discusses how industrial policy and science, technology and innovation policies should be sequenced for best results.