An edition of Manufacturing Transformation (2016)

Manufacturing Transformation

Comparative Studies of Industrial Development in Africa and Emerging Asia

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Last edited by ImportBot
April 14, 2023 | History
An edition of Manufacturing Transformation (2016)

Manufacturing Transformation

Comparative Studies of Industrial Development in Africa and Emerging Asia

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 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 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 10 per cent, unchanged from the 1970s. In fact 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 10 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 experts on industrial development. It provides the most comprehensive description and analysis available of the contemporary industrialization experience in low-income Africa.

Publish Date
Language
English
Pages
336

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Previews available in: English

Book Details


Edition Notes

UNU WIDER

English.

Published in
Oxford, UK

Classifications

Library of Congress
HC800, HD9720.5 .M36 2016

The Physical Object

Pagination
336
Number of pages
336

ID Numbers

Open Library
OL28359110M
Internet Archive
manufacturingtra0000unse
ISBN 13
9780198776987
OCLC/WorldCat
959259981

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April 14, 2023 Edited by ImportBot import existing book
December 19, 2022 Edited by MARC Bot import existing book
September 13, 2021 Edited by ImportBot import existing book
July 21, 2020 Created by MARC Bot import new book