Showing 1 - 10 of 74
Tanzania ranks among the leading stars of the 'African growth miracle', but a sector that has been largely absent from the Tanzania success story is industry. Although growth of manufacturing has outpaced economic growth over the past decade, relative to international norms and its ambitious...
Persistent link: https://www.econbiz.de/10011437700
We examine the extent to which two of Africa’s leading gold mining economies, Ghana and Tanzania, have adopted transformative local procurement policies to enhance backward linkages from the minerals sector. We assess the impact that evolving legislation in the gold industry has had on...
Persistent link: https://www.econbiz.de/10012122626
Recent research highlights the considerable potential of industrial policy to support structural transformation in sub-Saharan Africa. Given the importance of the state in industrial policy, this paper considers the implications for these discussions of recent work on state fragility. It argues...
Persistent link: https://www.econbiz.de/10010496110
We focus on special characteristics of the manufacturing sector, in terms of employment generation and productivity growth, that enable the rapid, resilient economic catch-up of developing countries. We consider the 'developer's dilemma' and the relationship between manufacturing value added or...
Persistent link: https://www.econbiz.de/10012181082
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge. First, there is the argument that host...
Persistent link: https://www.econbiz.de/10011776473
Industrial transformation of Asia arguably constitutes the most surprising and dramatic change in the global economy in the last fifty years. This paper provides an outline of some of the most important trends of this development and analyses selected national industrial policies that promoted...
Persistent link: https://www.econbiz.de/10011913493
The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later contributions from institutional economics and developmental state theory. Despite much progress, the dominant approaches do not agree about the institutions that matter nor do they...
Persistent link: https://www.econbiz.de/10011922086
South Africa has exhibited tepid economic growth over the past twenty years as well as high levels of income inequality characteristic of a middle income country growth trap. This paper compares and contrasts South Africa's growth trap relative to middle-income peer economies. In addition, we...
Persistent link: https://www.econbiz.de/10010434420
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
In this scooping paper on the Tunisian economy we review the historical background of the economy which has undergone substantial structural change since independence in 1956. In particular we emphasize that past record of consistent growth has often masked inequality, regional disparities and...
Persistent link: https://www.econbiz.de/10010337616