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African Economic Outlook 2014 Global Value Chains And Africas Industrialisation
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Book Synopsis African Economic Outlook 2014 Global Value Chains and Africa's Industrialisation by : African Development Bank
Download or read book African Economic Outlook 2014 Global Value Chains and Africa's Industrialisation written by African Development Bank and published by OECD Publishing. This book was released on 2014-05-19 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Economic Outlook 2014 analyses the continent’s growing role in the world economy and predicts two-year macroeconomic prospects. It details the performance of African economies in crucial areas.
Author :Organization for Economic Cooperation and Development Publisher :Organization for Economic Co-Operation & Development ISBN 13 :9789264209404 Total Pages :0 pages Book Rating :4.2/5 (94 download)
Book Synopsis African Economic Outlook 2014 by : Organization for Economic Cooperation and Development
Download or read book African Economic Outlook 2014 written by Organization for Economic Cooperation and Development and published by Organization for Economic Co-Operation & Development. This book was released on 2014-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework. The focus of the 2013 edition if structural transformation and natural resources in Africa. This edition draws lessons from Africa and elsewhere on how to accelerate structural change and amplify the positive force of natural resources. The report also features and overview of Africa's performance and prospects, country notes and a rich statistical annex.
Book Synopsis Industrialization in Sub-Saharan Africa by : Kaleb G. Abreha
Download or read book Industrialization in Sub-Saharan Africa written by Kaleb G. Abreha and published by World Bank Publications. This book was released on 2021-12-18 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially ith more job creation. Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade.Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries.
Book Synopsis PROSPECTS OF INDUSTRIALIZATION IN SUB-SAHARAN AFRICA by : THE WORLD BANK.
Download or read book PROSPECTS OF INDUSTRIALIZATION IN SUB-SAHARAN AFRICA written by THE WORLD BANK. and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Integration and Global Value Chains in Sub-Saharan Africa by : Céline Allard
Download or read book Trade Integration and Global Value Chains in Sub-Saharan Africa written by Céline Allard and published by International Monetary Fund. This book was released on 2016-03-25 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of the extent of trade integration of sub-Saharan African (SSA) countries in the global economy as well as within the region over the 1995–2013 period focuses on four key concepts: (1) trade openness, captured by import and export flows; (2) the centrality in the global and regional trade network, a measure that takes into account not only the size of trade but also the number of trade partners and the respective weight of these trade partners in global trade; (3) gravity model estimates that account for country- and region-specific determinants of bilateral trade flows; and (4) global value chain (GVC) integration. Using both existing data and a newly available dataset based on multiregion input and output tables, this analysis led to several findings: (1) trade openness has increased strongly; (2) integration in the global economy has made the region more vulnerable to external shocks; (3) levels of trade flows emanating from sub-Saharan Africa are still only half the magnitude of those experienced elsewhere in the world; (4) the region still has ways to go to better integrate in GVCs; and (5) it is more critical than ever to make progress in filling the infrastructure gap by lowering tariff and nontariff barriers, improving the business climate and access to credit, and continuing to enhance education outcomes.
Download or read book Trading Down written by Peter Gibbon and published by Temple University Press. This book was released on 2005 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the changing role of Africa in the global economy.
Author :United Nations Conference on Trade and Development (UNCTAD) Publisher :United Nations ISBN 13 :9210549511 Total Pages :136 pages Book Rating :4.2/5 (15 download)
Book Synopsis Economic Development in Africa Report 2011 by : United Nations Conference on Trade and Development (UNCTAD)
Download or read book Economic Development in Africa Report 2011 written by United Nations Conference on Trade and Development (UNCTAD) and published by United Nations. This book was released on 2011-08-17 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the status of industrial development in Africa with a focus on the identification of stylized facts associated with African manufacturing. It provides an analysis of past attempts at promoting industrial development in the region and the lessons learned from these experiences. It offers policy recommendations on how to foster industrial development in Africa in the new global environment characterized by changing international trade rules, growing influence of industrial powers from the South, the internationalization of production, and increasing concerns about climate change. Finally, it argues that a new industrial policy is needed to induce structural transformation and engender development in African economies.
Book Synopsis Value Chains in Sub-Saharan Africa by : Sören Scholvin
Download or read book Value Chains in Sub-Saharan Africa written by Sören Scholvin and published by Springer. This book was released on 2019-05-09 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development largely depends on how given places participate in global economic processes.The contributions to this book address various features of the integration of sub-Saharan Africa into the world economy via value chains, so as to explain corresponding challenges and opportunities. The book deals with five issues that have not been covered adequately in scientific debates: first, policies are essential to promote value chains and increase their impact on development; second, value chains are diverse, and the variance between them has major economic and political implications; third, regional value chains appear to constitute a viable alternative to global ones (or, at least, are complementary to them), promising better developmental outcomes for the Global South; fourth, political and socio-economic factors are important considerations for a complete assessment of value chains; fifth, cities and city regions are also crucial objects of study in seeking to achieve a comprehensive assessment of value chains.
Book Synopsis Africa’s digital future by : Ali Parry
Download or read book Africa’s digital future written by Ali Parry and published by AOSIS. This book was released on 2021-12-31 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main thrust of this book is to examine whether Africa is in a position to benefit from the digital age, given the continent’s many development challenges and slow adoption of digital technologies. While there is substantial literature on the digital economy and the quickening pace of the Fourth Industrial Revolution (4IR), comparatively little research has been conducted on what the digital age means for Africa. This book aims to close this research gap by using various qualitative and quantitative research methodologies to arrive at a cross-section of original findings and perspectives on how Africa can capitalise on the benefits of digital developments, including their potential to create jobs and bring about more inclusive growth. The book’s main contribution is its coverage of a range of topics that will affect Africa’s digital future, including industrialisation, global value chains, transport and logistics, trade facilitation, labour-market dynamics, employment and education. The theme of digital trade forms a backdrop to many of the chapters, along with references to the COVID-19 pandemic. The book acknowledges that although African countries should learn from international best practices, they need to chart their own course according to their own particular circumstances. By adopting a digital mindset, countries should be able to diversify economically and extend their market reach across the continent. Furthermore, while Africa should be looking to the future and determining how digital technologies can become effective tools of sustainable development, the continent has much catching up to do.
Book Synopsis Industries without Smokestacks by : Richard Newfarmer
Download or read book Industries without Smokestacks written by Richard Newfarmer and published by Oxford University Press. This book was released on 2019-01-03 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: By 2030 more than three quarters of the world's absolute poor are projected to live in Africa. Accelerating economic growth is key to rising incomes on the continent, and central to this challenge is establishing activities that are capable of employing large numbers of unskilled workers, that can raise productivity through innovation, and that can power growth through exports. Such structural transformation is a key driver of growth, and between 1950-1996 about half of the economic catch-up by developing countries (led by East Asia) was due to rising productivity in manufacturing combined with growing agricultural output. Africa, however, has lagged behind. In 2014, the average share of manufacturing in GDP in sub-Saharan Africa hovered around 10 per cent, unchanged from the 1970s, leading some observers to be pessimistic about Africa's potential to catch the wave of sustained rapid growth and rising incomes. Industries Without Smokestacks: Industrialization in Africa Reconsidered challenges this view. It argues that other activities sharing the characteristics of manufacturing- including tourism, ICT, and other services as well as food processing and horticulture- are beginning to play a role analogous to that played by manufacturing in East Asia. This reflects not only changes in the global organization of industries since the early era of rapid East Asian growth, but also advantages unique to Africa. These 'industries without smokestacks' offer new opportunities for Africa to grow in coming decades.
Book Synopsis Industrialization in Sub Saharan Africa. Challenges and Opportunities by :
Download or read book Industrialization in Sub Saharan Africa. Challenges and Opportunities written by and published by GRIN Verlag. This book was released on 2018-11-12 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2018 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,0, Leuphana Universität Lüneburg, language: English, abstract: The main question that is supposed to be answered in this paper is: does Africa need Industrial policy for (sustainable) economic development? How are these policies supposed to look like and what are the preconditions to achieve them? To be able to find solutions for these interrelated questions, they have to be embedded in a broader context. First, a short introduction into the history of Africa’s economic development, with regard to (de)industrialization, is being given. To understand why industrial policy might be of importance, one also has to look into the relationship between structural transformation and the chances of economic growth. This paper is aiming to give an overview about the reasons why Africa (mostly Sub-Saharan Africa) has missed industrialization, how structural transformation can lead to (sustainable) economic development and growth and which chances and challenges African countries face as late-industrializers in a world with high levels of globalization. The first part is meant to give a short introduction into the economic development and (de-)industrialization of modern post-colonial Africa. This is important as the current economic situation can only be fully understood by looking at what has happened in the past. The second part is giving theoretical input about structural transformation and the role of industrial policies – discussing its scientific background of pros and cons.
Book Synopsis Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration by : Achim Gutowski
Download or read book Africa's Progress in Regional and Global Economic Integration - Towards Transformative Regional Integration written by Achim Gutowski and published by LIT Verlag Münster. This book was released on 2016 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on Africa's deep routed structural problems, the key aspect of a transformative regional integration is how to promote structural transformation by adapted strategies and policies for the African regional economic communities, for the Continental Free Trade Area, and for the Tripartite Free Trade Area. Regional integration in Africa is based on a conventional (linear) model, starting with trade preference zones and moving to free trade areas, customs unions, and monetary and economic zones, with the ultimate goal to reach political unity. Specific problems of a more transformative regional integration agenda are discussed, such as: ?food security and agriculture; industry development, enterprise growth and competition; and economic partnership agreements with extra-regional partners. In the final section, the impact of three global value chains of importance for Africa (diamonds, shea butter, and sesame) are considered on regions, on sub-regions, and on regional integration. (Series: African Development Perspectives Yearbook, Vol. 18) [Subject: African Studies, Economics
Author :World Trade Organization. China Round Table Publisher :Cambridge University Press ISBN 13 :1107174473 Total Pages :511 pages Book Rating :4.1/5 (71 download)
Book Synopsis African Perspectives on Trade and the WTO by : World Trade Organization. China Round Table
Download or read book African Perspectives on Trade and the WTO written by World Trade Organization. China Round Table and published by Cambridge University Press. This book was released on 2016-09-29 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth. The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play? This volume is a product of the Fourth China Round Table, which took place during the WTO's Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.
Book Synopsis African Economic Outlook 2017 Entrepreneurship and Industrialisation by : African Development Bank
Download or read book African Economic Outlook 2017 Entrepreneurship and Industrialisation written by African Development Bank and published by OECD Publishing. This book was released on 2017-05-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years.
Download or read book Made in Africa written by Carol Newman and published by Brookings Institution Press. This book was released on 2016-02-23 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is there so little industry in Africa? Over the past forty years, industry has moved from the developed to the developing world, yet Africa’s share of global manufacturing has fallen from about 3 percent in 1970 to less than 2 percent in 2014. Industry is important to low-income countries. It is good for economic growth, job creation, and poverty reduction. Made in Africa: Learning to Compete in Industry outlines a new strategy to help African industry compete in global markets. This book draws on case studies and econometric and qualitative research from Africa and emerging Asia to understand what drives firm-level competitiveness in low-income countries. The results show that while traditional concerns such as infrastructure, skills, and the regulatory environment are important, they alone will not be sufficient for Africa to industrialize. The book also addresses how industrialization strategies will need to adapt to the region’s growing resource abundance.
Book Synopsis The Quality of Growth in Africa by : Akbar Noman
Download or read book The Quality of Growth in Africa written by Akbar Noman and published by Columbia University Press. This book was released on 2019-08-20 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, concerns about the outcomes and nature of economic growth have given way to a new emphasis on its quality. This volume brings together prominent international contributors to consider a range of interrelated questions concerning the quality of growth in Africa, with a primary focus on sub-Saharan countries. Contributors discuss the measurement of growth, the transformations necessary to sustain it, and issues around equity and well-being. They consider topics such as the distribution of income gains from growth; the extent to which economic growth has resulted in improvements in employment, poverty, and security; structural transformations of the economy and diversification of the sources of growth; environmental sustainability; and management of urbanization. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into advancements in well-being. Although the book focuses on sub-Saharan Africa, much of the contributors’ incisive analysis has implications for countries outside the region.
Book Synopsis Africa and Sustainable Global Value Chains by : Regina Frei
Download or read book Africa and Sustainable Global Value Chains written by Regina Frei and published by Springer Nature. This book was released on 2022-03-11 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a collection of studies on the interactions between businesses in Africa and Global Value Chains (GVCs) in terms of social, environmental and economic sustainability. This is particularly pertinent given the asymmetrical power distribution between the global buyer and the African supplier, their governance relationships and the ongoing competitive pressures to reduce costs and increase flexibility to meet GVC demands. Rather than focusing on the sustainability of a single organization, GVCs address the sustainability of inter-firm value chains and global industries as a whole. With little differentiation between value chain creation and social / environmental degradation extending to people and raw material extraction (upstream) and disposal or recycling (downstream), sustainability issues need to be at the forefront of African business research interests. Nowadays, sustainability is considered a competitive advantage for a firm looking to join a GVC. Whether sustainability is approached from the viewpoint of an exporting firm motivated to join a GVC in its respective industry or whether a firm’s continuing contractual or collaborative relationship with a buyer depends on its compliance with sustainability standards, both approaches focus on the ability of firms in Africa to benefit from joining sustainable GVCs.
