Is traditional industrial policy defunct? Evidence from the Nigerian cement industry

Michael E. Odijie

Review of International Political Economy, 2020, vol. 27, issue 3, 686-708

Abstract: This article critically examines the thesis of GVC-oriented industrial policy and the view that traditional industrial policy is no longer relevant. This is done from the perspective of Africa. Placing Africa at the core of GVC-oriented industrial policy reveals several problems. Using the example of industrial policy in Nigeria’s cement sector, the article will argue for the relevance of traditional industrial policy, whereby a country seeks to build a complete production chain within its borders. The case study fleshes out the argument that traditional industrial policy is still relevant – both in itself and as a pre-condition for GVC-oriented industrial policy in Africa.

Date: 2020
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DOI: 10.1080/09692290.2019.1657480

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