Made in Africa: Learning to Compete in Industry
Carol Newman · John Page · John Rand · Abebe Shimeles · Måns Söderbom · Finn Tarp
Feb 2016 · Brookings Institution Press
Ebook
306
Pages
About this ebook
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.
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.
About the author
Carol Newman is Associate Professor in the Department of Economics, Trinity College Dublin. Her main research and publications are in the microeconomics of development with a focus on both household and enterprise behavior.
John Page is a Senior Fellow in the Global Economy and Development Program of the Brookings Institution, Washington, DC. He was the World Bank’s chief economist for Africa until 2008 and has published widely on industrial development and industrial policy in Africa and Asia. He is the co-author of UNIDO’s Industrial Development Report, 2009.
John Rand is Professor in development microeconomics at the University of Copenhagen. He has published extensively on the economics of the firm in developing countries, and in 2001 and 2008 he was an economic advisor to leading think tanks in Vietnam and Mozambique.
Abebe Shemeles is acting Director of the Research Department of the African Development Bank. His main research interests and publications are in poverty analysis and labor economics.
Måns Söderbom is Professor of Economics, University of Gothenburg. His research centers on development economics and applied econometrics. He has published widely on the decisions and performance of firms.
Finn Tarp is Professor of Economics, University of Copenhagen and Director, UNU-WIDER. He is a leading international expert on development strategy and foreign aid. He has held senior posts and advisory positions in government and with donor organizations and is a member of a large number of international committees and advisory bodies.
John Page is a Senior Fellow in the Global Economy and Development Program of the Brookings Institution, Washington, DC. He was the World Bank’s chief economist for Africa until 2008 and has published widely on industrial development and industrial policy in Africa and Asia. He is the co-author of UNIDO’s Industrial Development Report, 2009.
John Rand is Professor in development microeconomics at the University of Copenhagen. He has published extensively on the economics of the firm in developing countries, and in 2001 and 2008 he was an economic advisor to leading think tanks in Vietnam and Mozambique.
Abebe Shemeles is acting Director of the Research Department of the African Development Bank. His main research interests and publications are in poverty analysis and labor economics.
Måns Söderbom is Professor of Economics, University of Gothenburg. His research centers on development economics and applied econometrics. He has published widely on the decisions and performance of firms.
Finn Tarp is Professor of Economics, University of Copenhagen and Director, UNU-WIDER. He is a leading international expert on development strategy and foreign aid. He has held senior posts and advisory positions in government and with donor organizations and is a member of a large number of international committees and advisory bodies.
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