Noman Akbar - Industrial Policy and Economic Transformation in Africa

Industrial Policy and Economic Transformation in Africa — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "Industrial Policy and Economic Transformation in Africa" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

1234567...83

INDUSTRIAL POLICY AND ECONOMIC TRANSFORMATION IN AFRICA

INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA

INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA

JOS ANTONIO OCAMPO AND JOSEPH E. STIGLITZ, SERIES EDITORS

Escaping the Resource Curse, Macartan Humphreys, Jeffrey D. Sachs, and Joseph E. Stiglitz, eds.

The Right to Know, Ann Florini, ed.

Privatization: Successes and Failures, Grard Roland, ed.

Growth and Policy in Developing Countries: A Structuralist Approach, Jos Antonio Ocampo, Codrina Rada, and Lance Taylor

Taxation in Developing Countries, Roger Gordon, ed.

Reforming the International Financial System for Development, Jomo Kwame Sundaram, ed.

Development Cooperation in Times of Crisis, Jos Antonio Ocampo and Jos Antonio Alonso

New Perspectives on International Migration and Development, Jeronimo Cortina and Enrique Ochoa-Reza, eds.

INDUSTRIAL POLICY AND ECONOMIC TRANSFORMATION IN AFRICA

EDITED BY

Akbar Noman and Joseph E. Stiglitz

COLUMBIA UNIVERSITY PRESS

NEW YORK

Columbia University Press

Publishers Since 1893

New York Chichester, West Sussex

cup.columbia.edu

Copyright 2015 Columbia University Press

All rights reserved

Library of Congress Cataloging-in-Publication Data

E-ISBN 978-0-231-54077-3

Industrial policy and economic transformation in Africa / edited by Akbar Noman and Joseph E. Stiglitz.

pages cm

Includes bibliographical references and index.

ISBN 978-0-231-17518-0 (cloth: alk. paper)

ISBN 978-0-231-54077-3 (ebook)

1. Industrial policyAfrica. 2. Industrial promotionAfrica. 3. AfricaEconomic policy. 4. Economic developmentAfrica. 5. LearningEconomic aspectsAfrica. I. Noman, Akbar, editor of compilation, writer of introduction. II. Stiglitz, Joseph E., editor of compilation, writer of introduction.

HD3616.A3513153 2015

338.96dc23

2015005507

A Columbia University Press E-book.

CUP would be pleased to hear about your reading experience with this e-book at .

Cover image: Left: Getty/Independent Picture Service,

Right: Getty/Bloomberg

Cover design: Jordan Wannemacher

References to Internet Web sites (URLs) were accurate at the time of writing. Neither the author nor Columbia University Press is responsible for URLs that may have expired or changed since the manuscript was prepared.

INITIATIVE FOR POLICY DIALOGUE AT COLUMBIA

JOS ANTONIO OCAMPO AND JOSEPH E. STIGLITZ, SERIES EDITORS

The Initiative for Policy Dialogue (IPD) at Columbia University brings together academics, policymakers, and practitioners from developed and developing countries to address the most pressing issues in economic policy today. IPD is an important part of Columbias broad program on development and globalization. The Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization book series presents the latest academic thinking on a wide range of development topics and lays out alternative policy options and trade-offs. Written in a language accessible to policymakers and students alike, this series is unique in that it both shapes the academic research agenda and furthers the economic policy debate, facilitating a more democratic discussion of development policies.

The revival of economic growth in Sub-Saharan Africa in the twentyfirst century is all the more welcome for having followed one of the worst economic disasters since the Industrial Revolution. During Africas lost quarter century, per capita income, which had starting falling towards the end of the 1970s, did not recover to its previous peak level until after the turn of the century. In an impressive turnaround from what was arguably the longest and deepest economic decline anywhere, six of the worlds fastest-growing economies in the first decade or so of the 2000s were African. But with the exception of Ethiopia and Rwanda they were the beneficiaries of discoveries and rising prices of oil.

Some of the causes of the revival of growth in the region are controversial and examined in the opening chapter. That it has been heavily dependent on the commodity boom, though, is incontrovertible. Africas deindustrialization is yet to be reversed. As a leading African think-tank, AC ET, says: To ensure that growth is sustainable and continues to improve the lives of the many, countries now need to vigorously promote economic transformation. How to go about doing so is the main theme of this volume. We focus, in particular, on the vital role that industrial policies can play. We use the term industrial policy in a broad sense: it is not confined to industry but refers also to policies aimed at other sectors, notably modern services like finance or information technology as well as agriculture. These are more accurately described as learning, industrial, and technology policies.

The essays in this volume mainly focus on successes with such policies in Africa or of relevance to Africa elsewhere. Like most policies these carry both risks and rewards. We draw lessons for getting the risk-reward ratio right in the pursuit of sustaining, accelerating, and improving the quality of economic performance in Africa, south of the Sahara. Much of it is also of general relevance to countries elsewhere, especially the low-income ones.

For more information about IPD and its upcoming books, visit www.policydialogue.org.

CONTENTS

ACET	African Center for Economic Transformation
AfDB	African Development Bank
AGF	African Guarantee Fund
APSTCH	Chilean Association of Salmon and Trout Producers (today SalmnChile)
ASEAN	Association of South East Asian Nations
BIS	Bank for International Settlements
BITs	Bilateral Investment Treaties
BNDES	Brazilian Development Bank
BOI	Board of Investment
BOP	Balance of Payments
CD	Capacity Development
CKD	Completely Knock Down
CPIA	Country Policy and Institutional Assessment (of the World Bank)
CSA	Central Statistical Agency
DBE	Development Bank of Ethiopia
DFI	Development Finance Institution
DNTTAH	Do Not Try This At Home
DRC	Democratic Republic of the Congo
EAL	Ethiopian Airlines
ECBP	Engineering Capacity Building Program
EDB	Economic Development Board
EHDA	Ethiopian Horticulture Development Agency
EHPEA	Ethiopian Horticulture Producers and Exporters Association

Next page

1234567...83

Light

Font size:

↓

↑

Georgia Tahoma Arial Verdana

Reset

Interval:

↓

↑

Bookmark:

Make

Similar books «Industrial Policy and Economic Transformation in Africa»

Look at similar books to Industrial Policy and Economic Transformation in Africa. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.

Aaron Segal

Learning By Doing: Science And Technology In The Developing World

Ming Leong Kuan

Economics In Practice: Evidence-based Policymaking In Singapore

Peter Nolan

Chinese Firms, Global Firms: Industrial Policy in the Age of Globalization

David Bailey

Industrial and Regional Policies in an Enlarging EU

Zheng Yongnian

Chinas Evolving Industrial Policies and Economic Restructuring

Daniela Sicurelli

The European Unions Africa Policies: Norms, Interests and Impact

Steven A. Shull

Economics and Politics of Industrial Policy: The United States and Western Europe

Henrik Heidenkamp

The Defence Industrial Triptych: Government as a Customer, Sponsor and Regulator of Defence Industry

Murat A. Yülek

How Nations Succeed: Manufacturing, Trade, Industrial Policy, and Economic Development

Robert Frederick Townsend

Agricultural incentives in Sub-Saharan Africa: policy challenges, Volumes 23-444

Peter Harrold

Practical lessons for Africa from East Asia in industrial and trade policies, Parts 63-310

Clifton C. Crais

White Supremacy and Black Resistance in Pre-industrial South Africa: The Making of the Colonial Order in the Eastern Cape, 1770-1865 (African Studies)

Discussion, reviews of the book Industrial Policy and Economic Transformation in Africa and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.