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Author: Bonnie Campbell Publisher: Springer ISBN: 134920398X Category : Business & Economics Languages : en Pages : 292
Book Description
Providing overviews of states and sectors, classes and companies in the new international division of labour, this series treats polity-economy dialectics at global, regional and national levels. This volume in the series looks at the complexities of structural adjustment in Africa.
Author: Bonnie Campbell Publisher: Springer ISBN: 134920398X Category : Business & Economics Languages : en Pages : 292
Book Description
Providing overviews of states and sectors, classes and companies in the new international division of labour, this series treats polity-economy dialectics at global, regional and national levels. This volume in the series looks at the complexities of structural adjustment in Africa.
Author: Keijiro Otsuka Publisher: Springer ISBN: 9811331316 Category : Business & Economics Languages : en Pages : 305
Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.
Author: Carol Newman Publisher: Brookings Institution Press ISBN: 0815728166 Category : Business & Economics Languages : en Pages : 310
Book Description
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.
Author: Deepak Nayyar Publisher: Oxford University Press ISBN: 0198849516 Category : Asia Languages : en Pages : 316
Book Description
Resurgent Asia analyses the phenomenal transformation of Asia, which would have been difficult to imagine, let alone predict, fifty years ago, when Gunnar Myrdal published Asian Drama. In doing so, it provides an analytical narrative of this remarkable story of economic development, situated in its wider context of historical, political, and social factors, and an economic analysis of the underlying factors, with a focus on critical issues in the process of, and outcomes in, development. In 1970, Asia was the poorest continent in the world, marginal except for its large population. By 2016, it accounted for three-tenths of world income, two-fifths of world manufacturing, and one-third of world trade, while its income per capita converged towards the world average. However, this transformation was associated with unequal outcomes across countries and between people. The analysis disaggregates Asia into its four constituent sub-regions--East, Southeast, South, and West--and further into fourteen economies--China, India, South Korea, Indonesia, Turkey, Taiwan, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka--which account for more than four-fifths of its population and income. This book enhances our understanding of development processes and outcomes in Asia over the past fifty years, draws out the analytical conclusions that contribute to contemporary debates on development, and highlights some lessons from the Asian experience for countries elsewhere. It is the first to examine the phenomenal changes that are transforming economies in Asia and shifting the balance of economic power in the world, while reflecting on the future prospects in Asia over the next twenty-five years. A rich, engaging, and fascinating read.
Author: Berhanu Abegaz Publisher: Routledge ISBN: 135167109X Category : Business & Economics Languages : en Pages : 311
Book Description
Industrial Development in Africa critically synthesizes and reframes the debates on African industrial development in a capability-opportunity framework. It recasts the challenge in a broader comparative context of successive waves of catchup industrialization experiences in the European periphery, Latin America, and East Asia. Berhanu Abegaz explores the case for resource-based and factor-based industrialization in North Africa and Sub-Saharan Africa by drawing on insights from the history of industrialization, development economics, political economy, and institutional economics. Unpacking complex and diverse experiences, the chapters look at Africa at several levels: continent-wide, sub-regions on both sides of the Sahara, and present analytical case studies of 12 representative countries: Egypt, Tunisia, Ethiopia, Kenya, Tanzania, Mauritius, Zimbabwe, South Africa, Ghana, Nigeria, Senegal, and Cote d’Ivoire. Industrial Development in Africa will be of interest to undergraduate and graduate students studying African development, African economics, and late-stage industrialization. The book will also be of interest to policymakers.
Author: Akbar Noman Publisher: Columbia University Press ISBN: 0231540779 Category : Business & Economics Languages : en Pages : 469
Book Description
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 in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.
Author: Banji Oyelaran-Oyeyinka Publisher: Routledge ISBN: 1000573435 Category : Business & Economics Languages : en Pages : 152
Book Description
Economic diversification entails a shift away from a single income source toward multiple income sources from an increasing spectrum of sectors and markets. A persistent concern for some Asian and African economies is their reliance on commodity exports and how they are exposed to the risk of export volatility and income instability. The Covid-19 pandemic and previous oil crashes have demonstrated the adverse impact on such economies. This book provides a systemic analysis of sustainable economic development through economic diversification. The book analyzes diversification and development experiences from comparative perspectives of Asia and Africa. It also investigates determinants of export diversification differentiated by commodities-dependence versus manufactured products and looks at the roles of various institutions and governance of institutions in export diversification. This book will provide policy insights into how different degrees of specialisation in exports across countries have affected outcomes in terms of living standards, economic growth and employment.
Author: Irene Yuan Sun Publisher: Harvard Business Press ISBN: 1633692825 Category : Business & Economics Languages : en Pages : 233
Book Description
A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment. Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed. Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa. With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.
Author: Howard Stein Publisher: Springer ISBN: 1349131784 Category : Business & Economics Languages : en Pages : 295
Book Description
Drawing on case-studies from the industrialization of East and Southeast Asian nations, this text critically examines the structural adjustment policies used in Africa since the 1980s. The Asian country studies include Singapore, Malaysia, Taiwan, South Korea, Hong Kong and Meiji Japan.
Author: Bonnie Campbell
Author: Bonnie Campbell
Author: Richard S. Newfarmer
Author: Keijiro Otsuka
Author: Carol Newman
Author: Deepak Nayyar
Author: Berhanu Abegaz
Author: Akbar Noman
Author: Banji Oyelaran-Oyeyinka
Author: Irene Yuan Sun
Author: Howard Stein