Toward a Resource-based African Industrialization Strategy

Paul Jourdan

Chapter 5.3 in The Industrial Policy Revolution II, 2013, pp 364-385 from Palgrave Macmillan

Abstract: Abstract This paper outlines how Africa’s unique natural resource base could provide its peoples with an important lever to achieve industrialization and development objectives if the seminal resources linkages industries and clusters are realized. Alternatively, these assets could be squandered under “free entry” resource regimes, such as the “free mining” (FIFA1) mineral regimes, and a continued “free market,” non-interventionist scenario, which is likely to leave Africa with little more than ghost towns, such as Kabwe, Stilfontein, Yekepa, and Welkom, or with exhausted soils and depleted fisheries, forests, and other natural endowments.

Keywords: Gross Domestic Product; Platinum Group Metal; Price Discovery; Resource Rent; Resource Sector (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-33523-4_15

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137335234

DOI: 10.1057/9781137335234_15

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().