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Industrial Policy and Economic Transformation in Africa
Contributor(s): Noman, Akbar (Editor), Stiglitz, Joseph E. (Editor)
ISBN: 0231175183     ISBN-13: 9780231175180
Publisher: Columbia University Press
OUR PRICE:   $74.25  
Product Type: Hardcover - Other Formats
Published: September 2015
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Development - Economic Development
- Business & Economics | Industrial Management
- Political Science | World - African
Dewey: 338.96
LCCN: 2015005507
Series: Initiative for Policy Dialogue at Columbia: Challenges in De
Physical Information: 1.3" H x 6.4" W x 9.1" (1.55 lbs) 328 pages
Themes:
- Cultural Region - African
 
Descriptions, Reviews, Etc.
Publisher Description:
The revival of economic growth in Sub-Saharan Africa is all the more welcome for having followed one of the worst economic disasters--a quarter century of economic malaise for most of the region--since the industrial revolution. Six of the world's fastest-growing economies in the first decade of this century were African. Yet only in Ethiopia and Rwanda was growth not based on resources and the rising price of oil. Deindustrialization has yet to be reversed, and progress toward creating a modern economy remains limited.

This book explores the vital role that active government policies can play in transforming African economies. Such policies pertain not just to industry. They traverse all economic sectors, including finance, information technology, and agriculture. These packages of learning, industrial, and technology (LIT) policies aim to bring vigorous and lasting growth to the region. This collection features case studies of LIT policies in action in many parts of the world, examining their risks and rewards and what they mean for Sub-Saharan Africa.


Contributor Bio(s): Stiglitz, Joseph E.: - Joseph E. Stiglitz is University Professor at Columbia University and a member and former chair of Columbia University's Committee on Global Thought. He was the winner of the 2001 Nobel Prize for Economics. He served on President Clinton's Council of Economic Advisors, and then joined the World Bank as chief economist and senior vice president. His most recent book is The Price of Inequality: How Today's Divided Society Endangers Our Future.