Industries without Smokestacks
Structural transformation in Africa has become a hot topic. One of the earliest stylized facts of development economics is that low-income countries have large differences in output per worker across sectors, and movement of workers from low- to high-productivity sectors—structural transformation is...
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Oxford University Press
2021
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| Առցանց հասանելիություն: | 1004965 |
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| _version_ | 1869523252249886720 |
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| collection | Directory of Open Access Books |
| description | Structural transformation in Africa has become a hot topic. One of the earliest stylized facts of development economics is that low-income countries have large differences in output per worker across sectors, and movement of workers from low- to high-productivity sectors—structural transformation is a key driver of economic growth. Between 1950 and 2006, about half of the catch-up by developing countries—led by East Asia—to advanced economy productivity levels was due to rising productivity within manufacturing combined with structural transformation out of agriculture. Manufacturing has the capacity to employ large numbers of unskilled workers, is capable of large productivity gains through innovation, and entails tradeable products that permit economies of scale and specialization. But manufacturing in Africa, rather than leading growth, has typically been a lagging sector. 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. This book challenges that 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 the role that manufacturing played 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. |
| format | Online |
| id | doab-20.500.12854ir-37966 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | Oxford University Press |
| publisherStr | Oxford University Press |
| record_format | ojs |
| spelling | doab-20.500.12854ir-379662025-02-02T05:52:25Z Industries without Smokestacks Newfarmer, Richard Page, John Tarp, Finn Africa structural transformation industries without smokestacks economic growth manufacturing thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KND Manufacturing industries Structural transformation in Africa has become a hot topic. One of the earliest stylized facts of development economics is that low-income countries have large differences in output per worker across sectors, and movement of workers from low- to high-productivity sectors—structural transformation is a key driver of economic growth. Between 1950 and 2006, about half of the catch-up by developing countries—led by East Asia—to advanced economy productivity levels was due to rising productivity within manufacturing combined with structural transformation out of agriculture. Manufacturing has the capacity to employ large numbers of unskilled workers, is capable of large productivity gains through innovation, and entails tradeable products that permit economies of scale and specialization. But manufacturing in Africa, rather than leading growth, has typically been a lagging sector. 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. This book challenges that 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 the role that manufacturing played 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. 2021-02-10T12:58:18Z 2019-05-13 14:21:01 2020-04-01T10:27:32Z 2019 book 1004965 OCN: 1135847415 http://library.oapen.org/handle/20.500.12657/25128 9780198821885 https://directory.doabooks.org/handle/20.500.12854/37966 eng WIDER Studies in Development Economics open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/25128/1/9780198821885_Industrialization_in_Africa_Reconsidered.pdf https://library.oapen.org/bitstream/20.500.12657/25128/1/9780198821885_Industrialization_in_Africa_Reconsidered.pdf https://library.oapen.org/bitstream/20.500.12657/25128/1/9780198821885_Industrialization_in_Africa_Reconsidered.pdf https://library.oapen.org/bitstream/20.500.12657/25128/1/9780198821885_Industrialization_in_Africa_Reconsidered.pdf https://library.oapen.org/bitstream/20.500.12657/25128/1/9780198821885_Industrialization_in_Africa_Reconsidered.pdf Oxford University Press 10.1093/oso/9780198821885.001.0001 10.1093/oso/9780198821885.001.0001 db4e319f-ca9f-449a-bcf2-37d7c6f885b1 UNU WIDER 9780198821885 480 Oxford, UK open access |
| spellingShingle | Africa structural transformation industries without smokestacks economic growth manufacturing thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KND Manufacturing industries Industries without Smokestacks |
| title | Industries without Smokestacks |
| title_full | Industries without Smokestacks |
| title_fullStr | Industries without Smokestacks |
| title_full_unstemmed | Industries without Smokestacks |
| title_short | Industries without Smokestacks |
| title_sort | industries without smokestacks |
| topic | Africa structural transformation industries without smokestacks economic growth manufacturing thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KND Manufacturing industries |
| topic_facet | Africa structural transformation industries without smokestacks economic growth manufacturing thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KND Manufacturing industries |
| url | 1004965 |