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In a dynamic perspective, all specializations are not equal. Taking account of its present possibilities, each economy must try to orient its productive activities towards the hierarchy of world demand growth rates. So, logically, the State has to lead together a structural policy, an industrial...
Persistent link: https://www.econbiz.de/10008680158
Cluster policy has gained remarkable prominence in regional and sectoral structural policy in industrialized countries. Instead of compensating for weaknesses it focuses on strengths in the local and regional economic structure. In Germany, handing out regional development funds in competitions...
Persistent link: https://www.econbiz.de/10011110941
In this paper we look at the economic development of Sub-Saharan Africa (SSA) in the context of structural transformation. We use Hidalgo et al.'s (2007) concept of product space to show the evolution of the region's productive structure, and discuss the opportunities for growth and...
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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...
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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/10011411383