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The Practice of Industrial Policy - Lessons for Africa: Co-ordination Through an Asian Lens

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  • Justin Yifu Lin
  • Khuong Minh Vu

Abstract

African countries are facing great opportunities but also formidable challenges in accelerating economic growth and sustaining a high level of economic performance. The experiences of East Asian countries may offer valuable insights for African leaders and governments in making concerted efforts to formulate and implement effective industrial policy for dynamic structural transformation and inclusive growth.

Suggested Citation

  • Justin Yifu Lin & Khuong Minh Vu, 2014. "The Practice of Industrial Policy - Lessons for Africa: Co-ordination Through an Asian Lens," WIDER Working Paper Series wp-2014-156, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2014-156
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2014-156.pdf
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    References listed on IDEAS

    as
    1. Edgar C. Schein, 1996. "Strategic Pragmatism: The Culture of Singapore's Economics Development Board," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262193671, December.
    2. Lin, Justin Yifu & Monga, Celestin, 2010. "The growth report and new structural economics," Policy Research Working Paper Series 5336, The World Bank.
    3. Khuong Minh Vu, 2013. "The Dynamics of Economic Growth," Books, Edward Elgar Publishing, number 14689.
    4. Justin Yifu Lin, 2012. "The Quest for Prosperity: How Developing Economies Can Take Off," Economics Books, Princeton University Press, edition 1, volume 1, number 9812.
    5. Justin Yifu Lin, 2012. "New Structural Economics : A Framework for Rethinking Development and Policy," World Bank Publications - Books, The World Bank Group, number 2232, December.
    6. World Bank, 2014. "World Development Indicators 2014," World Bank Publications - Books, The World Bank Group, number 18237, December.
    7. Justin Yifu Lin, 2011. "New Structural Economics: A Framework for Rethinking Development," The World Bank Research Observer, World Bank, vol. 26(2), pages 193-221, August.
    8. Lin,Justin Yifu, 2009. "Economic Development and Transition," Cambridge Books, Cambridge University Press, number 9780521514521.
    9. John Page, 2012. "Can Africa Industrialise?-super- †," Journal of African Economies, Centre for the Study of African Economies, vol. 21(suppl_2), pages -124, January.
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    Cited by:

    1. Conor O’Toole & Carol Newman, 2017. "Investment Financing and Financial Development: Evidence from Viet Nam," Review of Finance, European Finance Association, vol. 21(4), pages 1639-1674.

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