Full Description
This book examines the potential for economic development and structural change in Africa through industrial policy. Combining a long-term historical analysis of structural transformation and development policy reviews, it offers a multidisciplinary examination of the catalysts and constraints impacting industrial development. By exploring the evolution and practice of industrial policy, the ongoing structural challenges, including a fragmented political economy, underinvestment, and limited productive capacities, are examined in relation to countries across Africa.
This book presents industrial transformation as the most effective way to leverage Africa's demographic advantages and drive sustainable economic development. It will be relevant to students, researchers, and policymakers interested in development economics, economic policy, the African political economy, and industrial development.
Contents
1. Introduction.- 2. Evolution of African industrialisation (1960-2025).- 3. Lagging structural transformation and industrialisation in Africa.- 4. Low productive capability and industrialisation.- 5. African demographic dynamics and urbanisation.- 6. Political stability and policy uncertainty.- 7. Industrial financing and industrialisation.- 8. Development of industrial hubs and economic corridors.- 9. Promoting productive investment and linkages.- 10. Workforce development and industrialisation.- 11. Pharmaceutical industry.- 12. Cement industry.- 13. Fertiliser industry.- 14. Petrochemical industry.- 15. Textile and apparel industry (Light manufacturing).- 16. Agro-industries, horticulture, food and beverage industries.- 17. Automotive industry.- 18. Mauritius and Morocco: Why cases of productive transformation.- 19. Productive Transformation and Development Strategy in Mauritius.- 20. Productive Transformation and Industrial Policy in Morocco.- 21. Challenging Afro-pessimism and lessons for development strategies.- 22. Development aspiration of the Global South: China-Africa cooperation.- 23. Development financing and infrastructure.- 24. Chinese FDI and African industrialisation.- 25. China-Africa trade cooperation.- 26. The future of China-Africa cooperation and global partnerships.- 27. The prospects for productive transformation and industrialisation strategies.- 28. Global drivers and prospects for Africa's industrialisation.- 29. Green transformation and sustainable industrialisation in Africa.- 30. The Global South as a catalyst for Africa's industrialisation.- 31. African industrialisation and productive transformation strategies.
