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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
The paper analyses the enigmatic high growth in Ethiopia from 2004 to 2015 (10.9% p.a.) and gauges the prospects for the future. In 2000, Ethiopia was the poorest country on the globe in per capita GDP - a mere 124 USD in current prices. The main finding is that the take-off was driven by...
Persistent link: https://www.econbiz.de/10011487504
The policy brief synthesises key policy findings from Area 3. The over-riding goal is to foster the transition to a new growth path for Europe, with a dynamic manufacturing and services base, greater social inclusiveness, less unemployment and higher sustainability based on excellence in clean...
Persistent link: https://www.econbiz.de/10011404736
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
This paper evaluates structural change, inequality dynamics, and industrial policy in South Africa between 1960 and the present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before entering a period of premature deindustrialization....
Persistent link: https://www.econbiz.de/10012208479
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 discusses a possible case for industrial policy, with special reference to the two emerging global giants, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean different things to different people, but the traditional...
Persistent link: https://www.econbiz.de/10010195684
Initiative) and its Prospect -- Chapter 3. Asia’s Changing Mechanism of Development in the World Economy -- Chapter 4. Another …: From Inclusive to Shared Growth. Part II: Rise of Asia’s Economy in the Last Century or so -- Chapter 6. East Asia …’s Economic Rise in the World Economy -- Chapter 7. East Asia’s Currency and Financial Crisis and a New Financial Order -- Chapter …
Persistent link: https://www.econbiz.de/10015157956
Persistent link: https://www.econbiz.de/10003932386
economic growth is highlighted by case studies worldwide, including China, Singapore, South Korea, and Vietnam from Asia; and …
Persistent link: https://www.econbiz.de/10015373567