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Shows that, with wise and informed policymaking, the American entrepreneurial engine can rally and the true potential of the economy can be unlocked.
This study presents the findings of original field research into the design, practice, and varied outcomes of industrial policy in three sectors in Ethiopia: cement, leather and leather products, and floriculture. Given that there is a single industrial strategy, why do its outcomes vary across sectors? To what extent is this a function of the specific market and political economy features of each sector? The book examines industrial structures and associated global value chains to demonstrate the challenges faced by African firms in international markets.
With this book, the author offers a personal look at some of the landmark policies, people, and institutions that have shaped Africa's post-independence history - and will continue to shape its future. It is a true inside account - told from a very personal perspective - of the evolution of African development over the last five decades.