Trade and Industrial Development in Africa

Trade and Industrial Development in Africa
Author: Moyo, Theresa
Publsiher: CODESRIA
Total Pages: 404
Release: 2015-03-02
Genre: Business & Economics
ISBN: 9782869785717

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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.

Industrial Development in Africa

Industrial Development in Africa
Author: Berhanu Abegaz
Publsiher: Routledge
Total Pages: 311
Release: 2018-02-21
Genre: Business & Economics
ISBN: 9781351671095

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Industrial Development in Africa critically synthesizes and reframes the debates on African industrial development in a capability-opportunity framework. It recasts the challenge in a broader comparative context of successive waves of catchup industrialization experiences in the European periphery, Latin America, and East Asia. Berhanu Abegaz explores the case for resource-based and factor-based industrialization in North Africa and Sub-Saharan Africa by drawing on insights from the history of industrialization, development economics, political economy, and institutional economics. Unpacking complex and diverse experiences, the chapters look at Africa at several levels: continent-wide, sub-regions on both sides of the Sahara, and present analytical case studies of 12 representative countries: Egypt, Tunisia, Ethiopia, Kenya, Tanzania, Mauritius, Zimbabwe, South Africa, Ghana, Nigeria, Senegal, and Cote d’Ivoire. Industrial Development in Africa will be of interest to undergraduate and graduate students studying African development, African economics, and late-stage industrialization. The book will also be of interest to policymakers.

Economic Development in Africa Report 2011

Economic Development in Africa Report 2011
Author: United Nations Conference on Trade and Development (UNCTAD)
Publsiher: United Nations
Total Pages: 136
Release: 2011-08-17
Genre: Political Science
ISBN: 9789210549516

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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.

Made in Africa

Made in Africa
Author: Carol Newman,John Page,John Rand
Publsiher: Brookings Institution Press
Total Pages: 315
Release: 2016-02-23
Genre: Business & Economics
ISBN: 9780815728160

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Why is there so little industry in Africa? Over the past forty years, industry has moved from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry is important to low-income countries. It is good for economic growth, job creation, and poverty reduction. Made in Africa: Learning to Compete in Industry outlines a new strategy to help African industry compete in global markets. This book draws on case studies and econometric and qualitative research from Africa and emerging Asia to understand what drives firm-level competitiveness in low-income countries. The results show that while traditional concerns such as infrastructure, skills, and the regulatory environment are important, they alone will not be sufficient for Africa to industrialize. The book also addresses how industrialization strategies will need to adapt to the region’s growing resource abundance.

Industrial Development and Policy in Africa

Industrial Development and Policy in Africa
Author: Hossein Jalilian,Michael A. Tribe,John Weiss
Publsiher: Edward Elgar Publishing
Total Pages: 328
Release: 2000
Genre: Business & Economics
ISBN: STANFORD:36105025117933

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In 15 papers, economists and development professionals and scholars begin by analyzing general issues relating to industrialization in Africa, including the question of the continent's comparative advantage in industry, the role of small-scale enterprises, and the scope for infant industry promotion. Then they look at evidence for deindustrialization within Africa, comparative industrial performance between African countries and economies outside Africa, the role of regional trade integration, lessons from industrialization in east Asia, and policies of major lending institutions toward industrial loans. Finally, they focus on particular countries, among them Nigeria, Uganda, Tanzania, and South Africa. Annotation copyrighted by Book News, Inc., Portland, OR

Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa
Author: Akbar Noman,Joseph E. Stiglitz
Publsiher: Columbia University Press
Total Pages: 469
Release: 2015-09-15
Genre: Business & Economics
ISBN: 9780231540773

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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.

The Politics of Trade and Industrial Policy in Africa

The Politics of Trade and Industrial Policy in Africa
Author: Charles Chukwuma Soludo,Michael Osita Ogbu,Ha-Joon Chang
Publsiher: IDRC
Total Pages: 376
Release: 2004
Genre: Africa
ISBN: 9781592211654

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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.

Applying the Kaizen in Africa

Applying the Kaizen in Africa
Author: Keijiro Otsuka,Kimiaki Jin,Tetsushi Sonobe
Publsiher: Springer
Total Pages: 266
Release: 2018-08-22
Genre: Business & Economics
ISBN: 9783319914008

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At present, how to develop industries is a burning issue in Africa, where population growth remains high and economic development has thus far failed to provide sufficient jobs for many, especially young people and women. The creation of productive jobs through industrial development ought to be a central issue in steering economic activity across the continent. The authors of this book, consisting of two development economists and five practitioners, argue that the adoption of Kaizen management practices, which originated in Japan and have become widely used by manufacturers in advanced and emerging economies, is decisively the most effective first step for industrial development in Africa. This open access book discusses what Kaizen management is, why it is applicable to Africa, and why it can provide Africa with a springboard for sustainable economic growth and employment generation.