Abstract
Development thinking in most African countries is gradually shifting in favor of industrial policy. This paper examines the dynamics of industrial policy, with a special focus on West African countries. The paper then presents a comprehensive macroeconomic framework which can guide policy makers in designing and implanting effective industrial policies. Taking into account country and sector specificities, the paper concludes by examining the various industrial policy tools which can be implemented to accelerate industrial development on the continent.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Altenburg T (2011) Industrial policy in developing countries, overview and lessons from seven country cases. Discussion Paper 4/2011. German Development Institute, Bonn
ECA and AUC (2013) Economic report on Africa 2013 – making the most of Africa’s commodities: industrializing for growth, jobs and economic transformation. Economic Commission for Africa, Addis Ababa
ECA (Economic Commission for Africa) and AUC (African Union Commission) (2014) Economic report on Africa 2014 – dynamic industrial policy in Africa: innovative institutions, effective processes and flexible mechanisms. Economic Commission for Africa, Addis Ababa
Hallegatte S, Fay M, Vogt-Schilb A (2013) Green industrial policies: when and how. Policy Research Working Paper Series 6677, World Bank
Hausmann R, Rodrik D (2003) Economic development as self discovery. J Dev Econ 72(2):603–633
Lin J, Chang H (2009) Should industrial policy in developing countries conform to comparative advantage or defy it? A debate between Justin Lin and Ha-Joon Chang. Dev Policy Rev 27(5):483–502
Pack H, Saggi K (2006) Is there a case for industrial policy? A critical survey. World Bank Res Obs 21(2):267–297
Rodrik D (2009) Industrial policy: don’t ask why, ask how. Middle East Dev J 01:1–29
Stiglitz J, Lin J, Monga C, Patel E (2013) Industrial policy in the context of Africa. Policy Research Working Paper 6633, World Bank
UNCTAD (United Nations Conference on Trade and Development) and UNIDO (United Nations Industrial Development Organization) (2011) Economic development in Africa report: fostering industrial development in Africa in the New Global Environment. Special issue, United Nations
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Mbate, M. (2016). Industrial Policy and Structural Change: Some Policy Perspectives. In: Seck, D. (eds) Accelerated Economic Growth in West Africa. Advances in African Economic, Social and Political Development. Springer, Cham. https://doi.org/10.1007/978-3-319-16826-5_9
Download citation
DOI: https://doi.org/10.1007/978-3-319-16826-5_9
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-16825-8
Online ISBN: 978-3-319-16826-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)