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Made in Africa - Industrial Policy in Ethiopia (Paperback)
Loot Price: R1,225
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Made in Africa - Industrial Policy in Ethiopia (Paperback)
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This is an open access title available under the terms of a CC
BY-NC-ND 4.0 International licence. It is free to read at Oxford
Scholarship Online and offered as a free PDF download from OUP and
selected open access locations. Made in Africa presents the
findings of original field research into the design, practice, and
varied outcomes of industrial policy in the cement, leather and
leather products, and floriculture sectors in Ethiopia. It explores
how and why the outcomes of industrial policy are shaped by
particular factors in these industries. It also examines industrial
structures and associated global value chains to demonstrate the
challenges faced by African firms in international markets. The
findings are discussed against the backdrop of 'industrial policy',
which has recently found renewed favour among economists and
international organizations, and of the history of thought about
and practice in industrialization. The book seeks to learn from the
failures and successes in the three sectors, all of them
functioning under the umbrella of a single industrial strategy. It
argues that an effective industrial policy requires a more
interventionist state than most development economists would
accept, including those recently claiming to champion a 'new
industrial policy'. Moreover, it argues that success lies in the
interactions among policy, specific industrial structures, and
institutions. Specifically, a successful policy, he posits should
maximize linkage effects, but will founder in the absence of a
clear understanding of the political economy of each sector.
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