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Industrialization Remains Viable in Sub-Saharan Africa : Rethinking Policy Priorities in the Context of GVCs (English)

This policy brief will inform discussions by providing an evidence-based narrative on the prospects of industrialization and policy actions to harness the potential of manufacturing in Global Value Chains (GVCs) for economic transformation. This work was conducted against the backdrop of contemporary discourse among development researchers and practitioners on the viability of industrialization as a development strategy for sustainable growth for countries in SSA due to emerging global trends in trade, technologies such as automation and the recent rise of digital services as an alternative or complement to manufacturing.

Details

  • Document Date

    2021/07/14

  • Document Type

    Brief

  • Report Number

    161650

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Africa,

  • Region

    Africa,

  • Disclosure Date

    2021/12/03

  • Disclosure Status

    Disclosed

  • Doc Name

    Industrialization Remains Viable in Sub-Saharan Africa : Rethinking Policy Priorities in the Context of GVCs

  • Keywords

    comparative advantage; Job Creation; Manufacturing; productivity growth; global value chain; state-owned enterprise; market distortion; rules of origin; access to finance; human resource management; job growth; digital infrastructure; trade agreement; recent years; low wage; labor productivity growth; reduction in poverty; inclusive economic growth; design of policy; dynamic comparative advantage; reallocation of resource; system education; labor market policy; labor market regulation; agriculture and service; skill development program; reducing trade barriers; access to import; nontariff trade barriers; market access; Industrial Policy; income growth; preferential tariff; manufacturing activities; manufacturing sector; entry rate; Industrial Policies; effective training; labor mobility; scale economy; value addition; average wage; interregional migration; skill gap; Technology Transfer; Management Systems; industry finance; digital technology; global trend; inclusive growth; industrial strategy; property right; global pandemic; external market; employment share; reduce trade; participation rate; physical infrastructure; industrial upgrading; global growth; historical development; manufacturing productivity; change technology; policy package; reasonably high; formal manufacturing; business environment; new entrant; market sector; foreign equity; productive capacity; manufacturing good; good policy; historical evidence; innovation effort; industrial park; primary product; worker safety; national boundary; Intra-regional Trade; transit service; job generation; technological capability; legal system; production technology; transformation strategy; incentive framework; facilitation services; border management; promoting growth; policy strategy; firm entry; other sectors; global economy

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Citation

Industrialization Remains Viable in Sub-Saharan Africa : Rethinking Policy Priorities in the Context of GVCs (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/370291626288967293/Industrialization-Remains-Viable-in-Sub-Saharan-Africa-Rethinking-Policy-Priorities-in-the-Context-of-GVCs