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Walking (Stumbling?) on Two Legs: Meeting SSA’S Industrialization Challenge

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The Industrial Policy Revolution II

Part of the book series: International Economic Association Series ((IEA))

Abstract

Industrial development in the current era in Sub-Saharan Africa (SSA) is bounded by two major framing dynamics. The first is the issue of exclusion. Hitherto, the growth process in general, and industrial development in particular, have led to an outcome in which the fruits of accumulation are heavily skewed, in terms of both participation in the process of production (and hence the distribution of income streams which are generated) and also the nature of the products and services which are produced. Second, many countries in SSA are benefiting from the sustained boom in commodity prices, and this has important implications for industrial development. These framing dynamics present both threat and opportunity to future industrial development, and are subject to policy intervention.

I am grateful to Carlota Perez and David Kaplan for comments on an earlier draft.

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Kaplinsky, R. (2013). Walking (Stumbling?) on Two Legs: Meeting SSA’S Industrialization Challenge. In: Stiglitz, J.E., Yifu, J.L., Patel, E. (eds) The Industrial Policy Revolution II. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137335234_7

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