Economic Report on Africa 2014

Dynamic Industrial Policy in Africa: Innovative Institutions, Effective Processes and Flexible Mechanisms

Format *
For millions of Africans, growth is yet to translate into jobs and better living conditions. Africa’s largely commodity- driven growth has not been matched by the much needed structural change that can lead to economic transformation, employment, and reduced poverty. Market failures necessitate industrial policy interventions. Yet, in the absence of the right processes and institutions, good industrial policies will fail. Indeed, weak institutions and poor policy design have hindered industrial policy. This report gives a framework for getting the policy process right to foster industrialization. It uses 11 country case studies to assess the critical ingredients for spurring industrialization – innovative institutions, effective processes and flexible mechanisms – and structural transformation.

Details:

Agency/Department
UN/Economic Commission for Africa
Print ISBN
9789211251227
PDF ISBN
9789210566025
Print Publication Date
PDF Publication Date
Page Count
144
Print Sales Number
14.II.K.2
Series Title
Economic Report on Africa

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