Structural transformation, economic development and industrialisation in post-Covid-19 Africa Voices By Snations Reporter On Mar 15, 2021 0 Share Related Posts Book Review—The Emergency: A Year of Healing and Heartbreak… Sep 29, 2022 Why African democrats must support Ukraine Sep 28, 2022 Medicine helps their HIV. Hunger makes it hard to take Sep 27, 2022 Research reports and studies The port at Tema, Ghana. Photo: World Bank Photo Collection / Flickr While Africa’s ‘premature deindustrialisation’ appears to be the dominant global narrative, recent analysis of the data suggests that deindustrialisation is not the common experience for the majority of African countries. Although industrialisation in Africa has been somewhat disappointing so far, this should not be seen as proof of its declining importance. Instead there should be renewed effort and additional policy focus to promote industrialisation. This study looks at the challenges facing industrialisation in African countries, in particular the issues for the policy framework needed to support it. It identifies three positive issues that have appeared during the Covid-19 crisis which will be important in economic recovery efforts: (1) repurposing, accelerated pharma production and joint procurement; (2) increased attention to agro-processing; and (3) use of technological advances. Additionally, the study identifies three major areas of focus for Africa’s industrialisation which can be used for Africa to play an increasingly positive role on global industrialisation efforts in the decade ahead: (1) green industrialisation; (2) digitalisation; and (3) regional integration. Source link Continue Reading AfricadevelopmenteconomicindustrialisationpostCovid19Structuraltransformation 0 Share
Research reports and studies The port at Tema, Ghana. Photo: World Bank Photo Collection / Flickr While Africa’s ‘premature deindustrialisation’ appears to be the dominant global narrative, recent analysis of the data suggests that deindustrialisation is not the common experience for the majority of African countries. Although industrialisation in Africa has been somewhat disappointing so far, this should not be seen as proof of its declining importance. Instead there should be renewed effort and additional policy focus to promote industrialisation. This study looks at the challenges facing industrialisation in African countries, in particular the issues for the policy framework needed to support it. It identifies three positive issues that have appeared during the Covid-19 crisis which will be important in economic recovery efforts: (1) repurposing, accelerated pharma production and joint procurement; (2) increased attention to agro-processing; and (3) use of technological advances. Additionally, the study identifies three major areas of focus for Africa’s industrialisation which can be used for Africa to play an increasingly positive role on global industrialisation efforts in the decade ahead: (1) green industrialisation; (2) digitalisation; and (3) regional integration.
