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Industrial Policy and Economic Transformation in Africa: Strategies for Development and a Research Agenda

In: The Industrial Policy Revolution II

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  • Yaw Ansu

    (African Center for Economic Transformation)

Abstract

Discussion of industrial policy tends to generate much controversy and passion, a key reason for this being the lack of a clear and generally accepted definition of the term. In this paper, we use industrial policy to refer to any set of policies pursued by a government with the explicit goal of promoting the expansion, technological upgrading, or international competitiveness of a targeted set of economic activities. Targeting is key. The implementation of policies that improve the general environment for all economic activities (for example, a stable macroeconomic environment, a friendly private sector environment, promotion of education in general… and so on), while highly desirable and, in most cases, necessary for the successful promotion of targeted activities, are not by themselves, in our view, sufficient to constitute the existence of an industrial policy regime.

Suggested Citation

  • Yaw Ansu, 2013. "Industrial Policy and Economic Transformation in Africa: Strategies for Development and a Research Agenda," International Economic Association Series, in: Joseph E. Stiglitz & Justin Lin Yifu & Ebrahim Patel (ed.), The Industrial Policy Revolution II, chapter 6, pages 492-528, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-33523-4_19
    DOI: 10.1057/9781137335234_19
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    Citations

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    Cited by:

    1. van der Ven Colette M.A., 2018. "Inclusive Industrialization: The Interplay Between Investment Incentives and SME Promotion Policies in Sub-Saharan Africa," The Law and Development Review, De Gruyter, vol. 11(2), pages 557-587, December.
    2. van der Ven Colette M. A., 2017. "Trade, Development and Industrial Policy in Africa: The Case for a Pragmatic Approach to Optimizing Policy Coherence Between Industrial Policy and the WTO Policy Space," The Law and Development Review, De Gruyter, vol. 10(1), pages 29-80, June.
    3. Abdul-Gafaru Abdulai & Giles Mohan, 2019. "The politics of bureaucratic ‘pockets of effectiveness’ - Insights from Ghana’s Ministry of Finance," Global Development Institute Working Paper Series esid-119-19, GDI, The University of Manchester.
    4. Clark, Don P. & Lima, Luiz Renato & Sawyer, W. Charles, 2016. "Stages of diversification in Africa," Economics Letters, Elsevier, vol. 144(C), pages 68-70.

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