African Industrial Development and European Union Co-operation

African Industrial Development and European Union Co-operation
Author: Francis Matambalya
Publisher: Routledge Studies in Development Economics
Total Pages: 428
Release: 2019-12-12
Genre:
ISBN: 9780367866136

Of the 54African states, only South Africa is categorised by the United Nations Industrial Development Organization (UNIDO) amongst industrialised countries. The economic activities in Africa are still dominated by the production and trade of agricultural and mineral commodities. This situation is in spite of the longstanding Africa--European Union (EU) co-operation, which intends, among other things, to support Africa's industrialisation endeavours. Imperatively, a long road to substantive levels of industrialisation still lies ahead of most African countries. This raises the question as to what role the international community could and should play in the twenty-first century to provide the support needed to expedite Africa's industrial transformation. This book argues that to supplement the initiatives of each African country, international partnerships, of both a 'North-South' and 'South-South' nature, will serve better purposes if they are leveraged to develop productive capacities in African economies. In order to enable the African countries to leverage their traditional partnership with the EU for industrialisation, a paradigm shift is obligatory. A feasible model should emulate the Japanese-led 'flying geese' model and the Chinese-led 'bamboo capitalism' model.

Industrialization in Sub-Saharan Africa

Industrialization in Sub-Saharan Africa
Author: Kaleb G. Abreha
Publisher: World Bank Publications
Total Pages: 266
Release: 2021-12-18
Genre: Business & Economics
ISBN: 1464817219

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.

How Immigrants Contribute to South Africa's Economy

How Immigrants Contribute to South Africa's Economy
Author: OECD
Publisher: OECD Publishing
Total Pages: 153
Release: 2018-07-26
Genre:
ISBN: 9264085394

How Immigrants Contribute to South Africa’s Economy is the result of a project carried out by the OECD Development Centre and the International Labour Organization, with support from the European Union.

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs

Africa’s Development Dynamics 2021 Digital Transformation for Quality Jobs
Author: African Union Commission
Publisher: OECD Publishing
Total Pages: 284
Release: 2021-01-19
Genre:
ISBN: 926460653X

Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.