Tanzania’s 2010–2015 Development Plan and Industrial Growth

Fulgence Dominick Waryoba ()

Academic Journal of Economic Studies, 2018, vol. 4, issue 3, 133-137

Abstract: Tanzania is striving to become a middle income country by 2025. So plans are laid down and efforts put forward to industrialize the economy. In 2010 the government initiated a Five Year Development Plan 2010–2015, aiming at promoting industrialization. This work analyzed the effect this development plan had on industrial output with 45 industries observed in both 2009 and 2013. The findings show that industries were more productive in 2013 than in 2009. Output, labor and energy have all grown positively from 2009 to 2013. It is proposed that this development plan effectively improved industrial production. For fast industrial growth, more is desired from the government, for instance, improved roads, railways, airways and marine transportation.

Keywords: Value chain; competitiveness; smart products; Porters model (search for similar items in EconPapers)
JEL-codes: L67 L69 M11 O32 O33 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ajes.ro/wp-content/uploads/AJES_article_1_193.pdf (application/pdf)
http://www.ajes.ro/wp-content/uploads/AJES_article_1_193.pdf (text/html)

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:khe:scajes:v:4:y:2018:i:3:p:133-137

Access Statistics for this article

More articles in Academic Journal of Economic Studies from Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Adi Sava ().