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Industrialization strategies and model for Senegal

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  • Diadama Ismaila

    (PHD scholar of Industrial Economics, School of Economics, Jilin University, China)

Abstract

After gaining independence, mainly in the 1960s, most African countries began to focus on promoting their industrialization. There was indeed a conviction among African leaders that industrialization was necessary to ensure self-sufficiency and reduce dependence on the advanced countries. Senegal also attempted at industrialization in the post-independence years but has had mixed results due to the absence of a clear policy attributable in particular to insufficient knowledge of its industrial sector. The purpose of this study is to propose strategies and an alternative model that could enable Senegal to develop its industry, based on some Asian latecomer’s example, findings, industrial main obstacles and recommendations analyzed in the previous parts. It should be made right clear that there is no single best-emerging market model. In the course of development, each country follows its path based on its human, economic, and natural resources. However, whatever way it takes, most of the emerging market has put industry at the heart of its economy structural transformation.

Suggested Citation

  • Diadama Ismaila, 2021. "Industrialization strategies and model for Senegal," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 749-759, December.
  • Handle: RePEc:bcp:journl:v:5:y:2021:i:12:p:749-759
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    References listed on IDEAS

    as
    1. Lin, Justin Yifu & Monga, Celestin, 2011. "Growth identification and facilitation : the role of the state in the dynamics of structural change," Policy Research Working Paper Series 5313, The World Bank.
    2. Dirk Willem te Velde & Justin Lin & Célestin Monga & Suresh D. Tendulkar & Alice Amsden & K. Y. Amoako & Howard Pack & Wonhyuk Lim, 2011. "DPR Debate: Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change," Development Policy Review, Overseas Development Institute, vol. 29(3), pages 259-310, May.
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