Industrial Performance and Prospects of Structural Transformation

Steve Onyeiwu

Chapter Chapter 4 in Emerging Issues in Contemporary African Economies, 2015, pp 77-104 from Palgrave Macmillan

Abstract: Abstract Chapters 1 and 2 show that African countries have achieved impressive growth rates of gross domestic product (GDP) and GDP per capita, but concerns remain about the sustainability of the region’s high growth rates. Without structural transformation, growth in Africa will continue to be episodic, noninclusive, and jobless. The goal of this chapter is to discuss issues related to African industrialization, highlighting the region’s industrial development efforts, as well as opportunities and challenges

Keywords: Foreign Direct Investment; Gross Domestic Product; African Country; Foreign Exchange; Industrial Development (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-40080-2_4

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DOI: 10.1057/9781137400802_4

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