MARC Record from marc_oapen

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001 612770
005 20181003
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008 181003s|||| xx o 0 u eng |
020 $a9780198776987
024 7 $a10.1093/acprof:oso/9780198776987.001.0001$2doi
041 0 $aeng
042 $adc
072 7 $aKCD$2bicssc
072 7 $aKCG$2bicssc
072 7 $aKCM$2bicssc
245 10 $aManufacturing Transformation: Comparative Studies of Industrial Development in Africa and Emerging Asia
260 $aOxford, UK$bOxford University Press$c2016
300 $a336
520 $aWhile it is possible for economies to grow based on abundant land or natural resources, more often structural change?the shift of resources from low-productivity to high-productivity sectors?is the key driver of economic growth. Structural transformation is vital for Africa. The region?s much-lauded growth turnaround since 1995 has been the result of fewer economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa?s economic structure has changed very little. Primary commodities and natural resources still account for the bulk of exports. Industry is most often the leading driver of structural transformation. Africa?s experience with industrialization over the past thirty years has been disappointing. In 2010, sub-Saharan Africa?s average share of manufacturing value added in GDP was 10 per cent, unchanged from the 1970s. In fact the share of medium- and high-tech goods in manufacturing production has been falling since the mid-1990s. Per capita manufactured exports are less than 10 per cent of the developing country average. Consequently, Africa?s industrial transformation has yet to take place. This book presents results of comparative country-based research that sought to answer a seemingly simple but puzzling question: why is there so little industry in Africa? It brings together detailed country case studies of industrial policies and industrialization outcomes in eleven countries, conducted by teams of national researchers in partnership with experts on industrial development. It provides the most comprehensive description and analysis available of the contemporary industrialization experience in low-income Africa.
536 $aUNU WIDER
546 $aEnglish.
650 7 $aEconomics of industrial organisation$2bicssc
650 7 $aEconomic growth$2bicssc
650 7 $aDevelopment economics & emerging economies$2bicssc
653 $anatural resources
653 $astructural transformation
653 $aeconomic growth
653 $aafrica
653 $aindustrial development
856 40 $uhttp://www.oapen.org/download?type=document&docid=612770$zAccess full text online
856 40 $uhttps://creativecommons.org/licenses/by-nc-sa/3.0/$zCreative Commons License