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Sustainable and Inclusive Growth in Africa: Industrialization a Must

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  • Moshi, Humphrey P. B.

Abstract

This article builds a case for the imperative of boosting the manufacturing sector as the surest way of tackling Africa’s development challenges of fragile economic growth, poverty, inequality and vulnerability to socio-economic shocks. In doing so, the article firstly analyses the critical role manufacturing sector plays in a country’s socio-economic development. Secondly, it assesses the status of the sector in Africa by gauging its growth rate, over time, and its contribution to GDP. Thirdly, it identifies the factors which have undermined the growth of the sector. Fourthly, it draws an agenda for revival and boosting of the manufacturing sector, while avoiding the mistakes of the past industrialization episodes. Finally, some policy and strategic recommendations are drawn to guide the next generation of a manufacturing-led development paradigm by putting emphasis on the imperative of forging strong partnerships between the private and public sector.

Suggested Citation

  • Moshi, Humphrey P. B., 2014. "Sustainable and Inclusive Growth in Africa: Industrialization a Must," African Journal of Economic Review, African Journal of Economic Review, vol. 2(2), July.
    • Handle: RePEc:ags:afjecr:264361
    DOI: 10.22004/ag.econ.264361
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    References listed on IDEAS

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    1. Moshi, Humphrey P.B., 2014. "Opportunities and Challenges for the Extraction of Natural Gas in Tanzania: The Imperative of Adequate Preparedness," African Journal of Economic Review, African Journal of Economic Review, vol. 2(1), January.
    2. Helen Shapiro, 2007. "Industrial Policy and Growth," Working Papers 53, United Nations, Department of Economics and Social Affairs.
    3. Christiaensen, Luc & Demery, Lionel & Kuhl, Jesper, 2011. "The (evolving) role of agriculture in poverty reduction--An empirical perspective," Journal of Development Economics, Elsevier, vol. 96(2), pages 239-254, November.
    4. Ravallion, Martin, 2004. "Pro-poor growth : A primer," Policy Research Working Paper Series 3242, The World Bank.
    5. Abramovitz,Moses, 1989. "Thinking about Growth," Cambridge Books, Cambridge University Press, number 9780521333962, November.
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    Cited by:

    1. Paulo ANANIA & Paschal NADE, 2020. "In the Quest for Semi-Industrialized Economy: Strategies for Agricultural-Based Industrialization through Co-operatives in Tanzania," CIRIEC Working Papers 2006, CIRIEC - Université de Liège.
    2. Samuel Howard Quartey & Olamide Oguntoye, 2021. "Understanding and Promoting Industrial Sustainability in Africa Through the Triple Helix Approach: a Conceptual Model and Research Propositions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1100-1118, September.

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