Is Limited Capacity an Obstacle to the Success of Industrial Policies in Africa?

Pons-Vignon, Nicolas Is Limited Capacity an Obstacle to the Success of Industrial Policies in Africa? [Review of proceedings, other sources and documents]

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Abstract

There has been a marked revival of industrial policy across the African continent since the mid-2000s, in countries such as Ethiopia and South Africa, as well as in numerous reports by continental institutions such as the United Nations Economic Commission for Africa (UNECA). African governments believe that industrial policy can help create jobs and reduce the dependency of their economies on natural resources and primary sectors more generally. Late industrialisers such as South Korea were characterised by the growing agility of government interventions aimed at supporting and disciplining firms to promote learning or upgrading in dynamic sectors. But can African governments succeed, given the capacity constraints they face?

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