Widening the Options: Implications for Public Policy
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- oso-9780198821885-chapter-20
Final published version, 230 KB, PDF document
Structural change is taking place in Africa at a pace and with a pattern distinct from the historical experience of today’s industrialized countries. These differences reflect technological change, a changing global marketplace interacting with policy, a rapidly growing labour force and natural endowments. Some African countries, perhaps with coastal locations, will be able to transform their economic structures through manufacturing. However, it would be surprising if the successful African economy of the future closely followed the export-oriented manufacturing-led path that characterized East Asia’s structural transformation. Africa’s growing economies are likely to have economic structures that contain high value-added agriculture, agro-industry and tradable services in addition to a more robust manufacturing base. Global realities will force Africa’s policy makers to think of ways to promote structural transformation into activities beyond manufacturing.
Original language | English |
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Title of host publication | Industries Without Smokestacks : Industrialization in Africa Reconsidered |
Editors | Richard Newfarmer, John Page, Finn Tarp |
Publisher | Oxford University Press |
Publication date | Nov 2018 |
Pages | 411-431 |
Chapter | 20 |
ISBN (Print) | 9780198821885 |
DOIs | |
Publication status | Published - Nov 2018 |
Series | WIDER Studies in Development Economics |
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- Faculty of Social Sciences - Africa, industrial transformation, technological change, structural transformation, policy makers, services, manufacturing
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