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The Role of Industrialisation and ICT in Africa’s Growth and Integration into Global Value Chains

Anita Prakash ()

No PB-2019-01, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Industrialisation is important for Africa’s growth and sustainable development. Deepening the manufacturing sector and greater integration in global value chains will build more resilient economies. Industrialisation will harness Africa’s huge resources – in agriculture, mining, and maritime resources, as well as a youthful labour force. Suitable and focused policies can harness these resources. African countries can leverage digitalisation and information and communication technologies to further their goal of industrialisation. Industrial development will be the key to sustained and inclusive employment-led development.

Pages: 8 pages.
Date: 2019-07-30
New Economics Papers: this item is included in nep-ict and nep-sea
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