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E-book

Title Light manufacturing in Africa : targeted policies to enhance private investment and dreate jobs / edited by Hinh T. Dinh [and others]
Published Washington, D.C. : World Bank, ©2012

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Description 1 online resource (xvii, 161 pages) : illustrations, map
Series Africa development forum
Africa development forum.
Contents Overview. Light manufacturing in Africa: focused policies to enhance private investment and create productive jobs -- Part I. Setting the stage -- Chapter 1. Good possibilities for light manufacturing in sub-Saharan Africa -- Part II. What constraints light manufacturing in sub-Saharan Africa? -- Chapter 2. Input industries -- Chapter 3. Industrial land -- Chapter 4. Finance -- Chapter 5. Trade logistics -- Chapter 6. Skills -- Chapter 7. Implementation -- Part III. Identifying the potential, easing the constraints -- Chapter 8. Ethiopia as exemplar
Summary "This book examines how light manufacturing can offer a viable solution for Sub-Saharan Africa's need for structural transformation and productive job creation, given its potential competitiveness based on low wage costs and an abundance of natural resources that supply raw materials needed for industries. Based on five different analytical tools and data sources, the book examines in detail the binding constraints in each of the subsectors relevant for Sub-Saharan Africa (SSA): apparel, leather goods, metal products, agribusiness, and wood products. Ethiopia is used as an example, with Vietnam as a comparator and China as a benchmark, and with insights from Tanzania and Zambia used to draw out lessons more broadly for SSA. The book recommends a program of focused policies to exploit Africa's latent comparative advantage in a particular group of light manufacturing industries - especially leather goods, garments, and agricultural processing. These industries hold the prospect of initiating rapid, substantial, and potentially self-propelling waves of rising output, employment, productivity, and exports that can push countries like Ethiopia on a path of structural change of the sort recently achieved in both China and Vietnam. The timing for these initiatives is very appropriate as China's comparative advantage in these areas is diminishing due to steep cost increases associated with rising wages and non-wage labor costs, escalating land prices, and mounting regulatory costs. Five features of this book distinguish it from previous studies. First, the detailed work on light manufacturing at the subsector and product levels in five countries provide in-depth cost comparisons between Asia and Africa that can be used as a framework for future studies. Second, the book uses a wide array of quantitative and qualitative techniques to identify key constraints to enterprises and to evaluate firm performance differences across countries. Third, the findings that firm constraints vary by country, sector, and firm size led to a focused approach to identifying constraints and combining market-based measures and select government intervention to remove them. Fourth, the solution to light manufacturing problems cuts across many sectors: solving the manufacturing inputs problem requires solving specific issues in agriculture, education, and infrastructure. African countries cannot afford to wait until all the problems across sectors are resolved. Fifth, the book draws on experiences and solutions from other developing countries to inform its recommendations. This book will be very valuable to African policy makers, professional economists, and anyone interested in the economic development, industrialization, and structural transformation of developing countries."--Provided by publisher
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Manufacturing industries -- Africa, Sub-Saharan
Manufacturing industries -- Government policy -- Africa, Sub-Saharan
Industrial policy -- Africa, Sub-Saharan
BUSINESS & ECONOMICS -- Industries -- Manufacturing.
Economic history
Industrial policy
Manufacturing industries
Manufacturing industries -- Government policy
SUBJECT Africa, Sub-Saharan -- Economic conditions -- Congresses
Subject Sub-Saharan Africa
Genre/Form Conference papers and proceedings
Form Electronic book
Author Dinh, Hinh T., 1953-
LC no. 2011045309
ISBN 9780821389744
0821389742
1283491893
9781283491891
9786613491893
6613491896