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Industrial Policy and Structural Change: Some Policy Perspectives

In: Accelerated Economic Growth in West Africa

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  • Michael Mbate

    (United Nations Economic Commission for Africa)

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.

Suggested Citation

  • Michael Mbate, 2016. "Industrial Policy and Structural Change: Some Policy Perspectives," Advances in African Economic, Social and Political Development, in: Diery Seck (ed.), Accelerated Economic Growth in West Africa, edition 127, pages 181-195, Springer.
    • Handle: RePEc:spr:aaechp:978-3-319-16826-5_9
    DOI: 10.1007/978-3-319-16826-5_9
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    More about this item

    Keywords

    Industrial policy; Structural change; Institutions;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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