IDEAS home Printed from https://ideas.repec.org/h/pal/intecp/978-1-137-33523-4_20.html
   My bibliography  Save this book chapter

The Premature Deindustrialization of South Africa

In: The Industrial Policy Revolution II

Author

Listed:
  • Jean Imbs

    (Paris School of Economics)

Abstract

Manufacturing activities are on the wane in Sub-Saharan Africa. With the relocation of many industries into Asia, the trend is widespread across the world economy. The USA and most of the European Union are also deindustrializing, but at higher levels of per capita GDP than Africa. Their economies tend to move into services. In contrast, the deindustrialization of Sub-Saharan Africa is often associated with the rising importance of extractive activities in its economy, exported to emerging Asia. Thus, contrary to the developed world, Sub-Saharan Africa is not moving away from industries and into services. Rather it is moving back into extractive activities, to take advantage, so the argument goes, from temporarily sky-high commodity prices. Such a trend has far-ranging consequences for the region’s aggregate activity, which then depends on commodity prices. It also raises the question of the long-run desirability of structural change there.

Suggested Citation

  • Jean Imbs, 2013. "The Premature Deindustrialization of South Africa," International Economic Association Series, in: Joseph E. Stiglitz & Justin Lin Yifu & Ebrahim Patel (ed.), The Industrial Policy Revolution II, chapter 6, pages 529-540, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-33523-4_20
    DOI: 10.1057/9781137335234_20
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Taguchi, Hiroyuki, 2022. "Risk of premature deindustrialization: the case of the latecomer’s developing countries in Asia," MPRA Paper 113551, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:intecp:978-1-137-33523-4_20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.