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Industrial Policy and Structural Change: Some Policy Perspectives

  • Michael Mbate
Part of the Advances in African Economic, Social and Political Development book series (AAESPD)

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.

Keywords

Industrial policy Structural change Institutions 

JEL Classification

L52 L67 O55 

References

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Copyright information

© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Macroeconomic Policy DivisionUnited Nations Economic Commission for AfricaAddis AbabaEthiopia
  2. 2.LondonUK

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