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Tanzania’s 2010–2015 Development Plan and Industrial Growth

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  • Fulgence Dominick Waryoba

Abstract

Tanzania is striving to become a middle income country by 2025. So plans are laid down and efforts put forward to industrialize the economy. In 2010 the government initiated a Five Year Development Plan 2010–2015, aiming at promoting industrialization. This work analyzed the effect this development plan had on industrial output with 45 industries observed in both 2009 and 2013. The findings show that industries were more productive in 2013 than in 2009. Output, labor and energy have all grown positively from 2009 to 2013. It is proposed that this development plan effectively improved industrial production. For fast industrial growth, more is desired from the government, for instance, improved roads, railways, airways and marine transportation.

Suggested Citation

  • Fulgence Dominick Waryoba, 2018. "Tanzania’s 2010–2015 Development Plan and Industrial Growth," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 133-137, September.
    • Handle: RePEc:khe:scajes:v:4:y:2018:i:3:p:133-137
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    References listed on IDEAS

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    More about this item

    Keywords

    Value chain; competitiveness; smart products; Porters model;
    All these keywords.

    JEL classification:

    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment
    • L69 - Industrial Organization - - Industry Studies: Manufacturing - - - Other
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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