On 12 April 2016, the Brookings Africa Growth Initiative, the African Development Bank, and the UNU World Institute for Development Economics Research (UNU-WIDER) will co-host a conversation on the new book Made in Africa: Learning to Compete in Industry at the Brookings Institution in Washington DC. The book presents the main results of Learning to Compete (L2C), a multi-year, comparative research program investigating the seemingly simple, but frustratingly puzzling question: Why is there so little industry in Africa?
Since 1995, Africa’s explosive economic growth has taken place without the changes in economic structure that normally occur as incomes per person rise. The slow pace of industrialisation is responsible for the region’s low performance in translating growth into good jobs and poverty reduction. As commodity prices decline and global growth slows, Africa’s failure to industrialise has also raised questions about the durability of the African growth.
At the event, panelists will discuss why industry matters for Africa, whether it is realistic for Africa to attempt to break into global markets in manufacturing, and policy options available to African governments to promote industrial development. The discussion also will explore the role of Africa’s “development partners” in supporting a new agenda for industrialisation.
For more information, visit the UNU-WIDER website.
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