Walking (Stumbling?) on Two Legs: Meeting SSA’S Industrialization Challenge

Raphael Kaplinsky
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Raphael Kaplinsky: The Open University

Chapter 3.2 in The Industrial Policy Revolution II, 2013, pp 173-197 from Palgrave Macmillan

Abstract: Abstract Industrial development in the current era in Sub-Saharan Africa (SSA) is bounded by two major framing dynamics. The first is the issue of exclusion. Hitherto, the growth process in general, and industrial development in particular, have led to an outcome in which the fruits of accumulation are heavily skewed, in terms of both participation in the process of production (and hence the distribution of income streams which are generated) and also the nature of the products and services which are produced. Second, many countries in SSA are benefiting from the sustained boom in commodity prices, and this has important implications for industrial development. These framing dynamics present both threat and opportunity to future industrial development, and are subject to policy intervention.

Keywords: Industrial Development; Industrial Policy; Resource Sector; Lead Firm; Income Economy (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-33523-4_7

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DOI: 10.1057/9781137335234_7

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