The challenges of industrialisation in Sub-Saharan Africa and lessons from East Asia
by Samuel A. Igbatayo; Daniel C.O. Idahosa
African J. of Economic and Sustainable Development (AJESD), Vol. 1, No. 3, 2012

Abstract: In the past few decades, several developing economies, particularly in East Asia and parts of Latin America, have successfully transformed their economies and acknowledged as newly industrialised economies. The new industrialisers have also emerged as key players in the global economy breaking into lucrative foreign markets in industrialised economies. However, Sub-Saharan Africa has been marginalised by contemporary industrialisation. The unenviable trend has been blamed for the escalation of endemic poverty and inequality in the sub-region, presenting policy makers with considerable challenges. Therefore, the main objectives of this study are to examine the state of industrialisation in Sub-Saharan Africa. It employs empirical data to analyse industrial outputs in the sub-region from 1965 to 2005 and affirms the stagnating trend in the sub-region's industrial output for several countries. The study therefore presents a comprehensive framework aimed at scaling-up industrial policies in Sub-Saharan Africa, modelled after the newly industrialised economies in East Asia.

Online publication date: Thu, 31-Jul-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the African J. of Economic and Sustainable Development (AJESD):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com