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Made in Africa

Why is there so little industry in Africa? Over the past forty years, industry and business interests have moved increasingly from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry is im...

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Main Authors: Newman, Carol, Page, John, Rand, John, Shemeles, Abebe, Söderbom, Måns, Tarp, Finn
Format: Online
Sprog:engelsk
Udgivet: Brookings Institution Press 2021
Fag:
Economics
African Continent
Economic Development
Economic Growth
Global Market
Competitiveness
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
Online adgang:1004311
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Summary:Why is there so little industry in Africa? Over the past forty years, industry and business interests have moved increasingly from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry is important to low-income countries. It is good for economic growth, job creation, and poverty reduction. Made in Africa: Learning to Compete in Industry outlines a new strategy to help Africa gets its fair share of the global market. Here, case studies and econometric and qualitative research from Africa, as well as emerging Asia, help the reader understand what drives firm-level competitiveness in low-income countries.

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