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Industrialization in Africa has relied heavily on state institutions of various kinds and on the inflow of foreign capital, especially foreign aid. With particular reference to technology and on the basis of a wide range of case-studies, this book explains how these features of the African experience have jointly contributed not only to the many cases of failure in the public sector, but also to a number of exceptional cases that can be regarded as success stories.
Why Industrial Revolution By-Passes Africa is a compelling analysis of the complex dimensions of development in Africa. It identifies and explains the failure of innovations and knowledge in Africa to generate industrial revolution in the continent using two main models: the motivation and growth-ladder models. Focusing on the indifference and secrecy among innovators in the continent, the book shows how the endemic indifference and unparalleled secrecy among African innovators hinders the continent from successfully going up a sustainable development ladder. It argues that with private and un-rewarded knowledge bearers innovating in isolation and dieing in the same fashion, the continent has experienced "e;continuous but non-additive innovation system"e; as against "e;continuous and additive innovation system"e;. Written with the general reader in mind, Why Industrial Revolution By-Passes Africa is an important addition to the current discussions on the problems of innovations, technology and industrialisation in Africa.
Despite years of liberalization, African manufacturing is conspicuously unable to compete in the global market. Its exports are minuscule, its response to competition is weak, technical efficiency is low and there are few signs of technological dynamism.
Examining the institutional roots of differences in economic performance of firms, industries and countries in Africa, this book draws attention to the role of institutions in supporting technical change. The role of initial conditions is in turn focused upon, making a unique contribution to the debate about African development.
This edited volume, the third in a three-volume set, discusses implications of The Fourth Industrial Revolution (4IR) in Africa. By rebuilding natural ecosystems, linking billions to digital networks, and better managing assets, the world may be able to undo the damage done by the industrial revolutions. There are, however, significant concerns that institutions will not be able to adapt, that governments will not adopt and regulate new technologies to reap their benefits, that power shifts will result in serious new security threats, that inequality will increase, and that societies will break apart. Written by an international panel of experts, analyzes the potential of smart technology across sectors and industries in Africa to bring about long-term, sustainable growth.
This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.