25 min.

The Transformative Power Of Industrial Policy In Africa Pan African Review

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Since the 1970s many African nations have missed out on the most important economic policy of them all. Export-oriented industrial policy has been essential to the success of most high-income and rapidly emerging nations. Whether in the United States, United Kingdom, Germany, Israel, Japan, China, Costa Rica, Chile, India, Morocco, Mauritius or Vietnam, this policy tool has been indispensable, and the evidence on the critical importance of what you export to your development trajectory is clear.

Since the 1970s many African nations have missed out on the most important economic policy of them all. Export-oriented industrial policy has been essential to the success of most high-income and rapidly emerging nations. Whether in the United States, United Kingdom, Germany, Israel, Japan, China, Costa Rica, Chile, India, Morocco, Mauritius or Vietnam, this policy tool has been indispensable, and the evidence on the critical importance of what you export to your development trajectory is clear.

25 min.