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This paper explores the potential to leverage large-scale mineral extraction in Botswana, Zambia, and Zimbabwe to foster mineral beneficiation and upstream industries. The evidence suggests that the success or failure of a resource-based industrialization approach is country and sector specific,...
Persistent link: https://www.econbiz.de/10011489267
This paper aims to redefine the term competitiveness to enhance its usefulness for the evaluation of country performance and for policy conclusions. We attempt to establish a definition that is adequate if economic policy strives for a new growth path that is more dynamic, socially inclusive and...
Persistent link: https://www.econbiz.de/10010431697
African countries are facing great opportunities but also formidable challenges in accelerating economic growth and sustaining a high level of economic performance. The experiences of East Asian countries may offer valuable insights for African leaders and governments in making concerted efforts...
Persistent link: https://www.econbiz.de/10010438054
Industrial development in any nation plays a vital role in the strengthening of the economy and employs human resources as per specifications and directly towards the mainstream of the nation. In Saudi Arabia, there was rapid industrialization for four decades. Some manufacturing industries...
Persistent link: https://www.econbiz.de/10012834383
Different bodies of literature emphasise the separate impact of the manufacturing sector and scientific capacity for competitiveness in developing countries. Scientific knowledge can increase productivity and promote innovation, while the manufacturing sector creates spillovers and generates...
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Following the financial crisis in 2008 and the drop in commodity prices, the performance of firms in the manufacturing industry continues to worsen. The data released by Statistics South Africa in 2016 alludes to poor performance by firms and the manufacturing sector's continual decline to...
Persistent link: https://www.econbiz.de/10012954591
This paper studies the role of public policy in promoting industrial transformation from an imitationbased, low-skill economy to an innovation-based, high-skill economy, where technological progress now occurs through the domestic invention of ideas. Industrial transformation is measured by...
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