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E-book Industries without Smokestacks : Industrialization in Africa Reconsidered

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Penilaian

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Structural transformation in Africa has become a hot topic. Over the lastfiveyears, the African Development Bank and the UN Economic Commission forAfrica have expressed concerns about the pattern and pace of structuralchange in the region. The African Union (2015), in itsAgenda 2063: The AfricaWe Want, has called for the economic transformation of the continent, andthe Africa Center for Economic Transformation has published itsfirstAfricaTransformation Report(ACET, 2014).The reason for this rising concern is clear.Structural change—the movement of workers from lower to higher product-ivity employment—has contributed far less to growth in Africa than in otherfast-growing developing regions (McMillan, Rodrik, and Verduzco-Gallo 2014;de Vries, Timmer, and de Vries 2013).Historically, industry, particularly manufacturing, is the sector on whicheconomies have relied early in the process of structural transformation.Africa’s experience with industrialization, however, has been disappointing.In 2014, the average share of manufacturing in GDP in sub-Saharan Africa(SSA) was about 10 per cent, unchanged from the 1970s. Not surprisingly,Africa’s slow pace of industrialization has caused observers to question thedurability of its growth prospects (Rodrik 2014).At the same time, changes in transport costs and information and commu-nications technology are shifting the boundaries of industry. When today’ssystem of economic statistics wasfirst drawn up there was little confusion over what industry was: mining, manufacturing, utilities, and construction. Ofthese, manufacturing—‘smokestack industry’—was regarded as the key driverof structural transformation. Today, a wide range of services and agro-industrial products, including horticultural products, has emerged. Theseactivities have many features in common with manufacturing.1They aretradable and have high value added per worker. Like manufacturing, theybenefit from technological change and productivity growth. Some exhibitscale and agglomeration economies (Ebling and Janz 1999; Ghani and Kharas2010). We call them‘industries without smokestacks’.In 2015, the Brookings Institution and UNU-WIDER launched a jointresearch project entitledIndustries without Smokestacks: Implications forAfrica’s Industrialization.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

670 BHO i

Penerbit

London : Oxford University Press., 2019

Deskripsi Fisik

472 hlm

Bahasa

English

ISBN/ISSN

9780198821885

Klasifikasi

670

Tipe Isi

text

Tipe Media

computer

Tipe Pembawa

online resource

Edisi

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Subjek

Manufacturing

Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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