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Industrial Policy and Economic Transformation in Africa
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Industrial Policy and Economic Transformation in Africa

Joseph Stiglitz and Akbar Noman

Abstract

The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters—a quarter century of economic malaise for most of the region—since the industrial revolution. Six of the world’s fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited. This book explores the vital role that active government policies can play i ... More

Keywords: Industrial policy, Economic development, learning, industrial, and technology (LIT) policies, Governance, Institutions

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780231175180
Published to University Press Scholarship Online: May 2016 DOI:10.7312/columbia/9780231175180.001.0001

Authors

Affiliations are at time of print publication.

Joseph Stiglitz, editor
Columbia University

Akbar Noman, editor