Description
Book SynopsisThis book surveys the current state of industry in sub-Saharan Africa and examines claims that Africa is de-industrialising. It focuses on the challenge for economic policy to find ways to reverse this trend.
The contributors begin by analysing general issues relating to industrialisation in Africa, including the question of Africa's comparative advantage in industry, the role of small-scale enterprises and the scope for infant industry promotion. They then focus on issues such as:
- evidence of de-industrialisation within Africa
- comparative industrial performance between African countries and economies outside Africa
• the role of regional trade integration
- lessons to be learnt from industrialisation in East Asia
- policies of major lending institutions towards industrial loans
The authors then consider evidence from country studies including export performance in Nigeria, protection and transport costs in Uganda, public enterprises in Tanzania, enterprise reform in South Africa and the impact of free trade policies in Southern Africa. They find that the diversity of experience in the region and the complexity of the issues caution against accepting simple generalisations on African industrialisation.
Industrial Development and Policy in Africa will be required reading for scholars of economic development and industrial economics.
Trade Review'. . . the book is a stimulating and important addition to the literature on African industrialisation.' -- Peter Lawrence, Journal of Development Studies
Table of ContentsContents: Preface 1. Introduction 2. Africa’s Comparative Advantage 3. Manufacturing Microenterprises as Import Substituting Industries 4. The Concept of ‘Infant Industry’ in a Sub-Saharan African Context 5. Lessons for Sub-Saharan Africa from the Experience of East Asia 6. A Review of Recent Manufacturing Sector Development in Sub-Saharan Africa 7. The De-industrialisation Hypothesis, Structural Adjustment Programmes and the Sub-Saharan Dimension 8. De-industrialisation in Sub-Saharan Africa 9. Equipment and Non-equipment Private Investment 10. The European Investment Bank as a Financial Wholesaler 11. How do South African Firms Respond to Trade Policy Reform? 12. Developing African Exports 13. Ownership and Export Performance in Tanzanian Enterprises 14. Transport Costs and Protection for Ugandan Industry 15. Regional Integration and Industrialisation in Southern Africa Index
