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Pathways to Industrialization in the Twenty-First CenturyNew Challenges and Emerging Paradigms$
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Adam Szirmai, Wim Naudé, and Ludovico Alcorta

Print publication date: 2013

Print ISBN-13: 9780199667857

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199667857.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 15 November 2019

Should Africa Industrialize?

Should Africa Industrialize?

Chapter:
(p.244) 9 Should Africa Industrialize?
Source:
Pathways to Industrialization in the Twenty-First Century
Author(s):

John Page

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199667857.003.0009

Africa’s post-independence leaders looked to industrialization as the key to rapid economic growth. However, the state-led, import-substituting industries they created were frequently uncompetitive and unsustainable. Efforts to spur industrial development in Africa largely vanished with the economic collapses and adjustment programmes of the 1980s and 1990s.While the last two decades of the twentieth century were boom times for industrial development in low- and middle-income countries, industry was moving out of Africa. Between 1995 and 2008, manufacturing growth in developing economies was more than 6 per cent per year, in Africa it was about 3 per cent. Since 1980 industry in Africa has declined as a share of both global production and trade (UNIDO 2009), and today, Africa’s industrial sector is in many ways less advanced than in the first decade following independence. In contrast to much of the rest of the developing world Africa has ‘deindustrialized’.

Keywords:   Africa, industrialization, economic growth, import-substitution, manufacturing, developing countries, deindustrialization

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