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Is traditional industrial policy defunct? Evidence from the Nigerian cement industry

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  • Michael E. Odijie

Abstract

This article critically examines the thesis of GVC-oriented industrial policy and the view that traditional industrial policy is no longer relevant. This is done from the perspective of Africa. Placing Africa at the core of GVC-oriented industrial policy reveals several problems. Using the example of industrial policy in Nigeria’s cement sector, the article will argue for the relevance of traditional industrial policy, whereby a country seeks to build a complete production chain within its borders. The case study fleshes out the argument that traditional industrial policy is still relevant – both in itself and as a pre-condition for GVC-oriented industrial policy in Africa.

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  • Michael E. Odijie, 2020. "Is traditional industrial policy defunct? Evidence from the Nigerian cement industry," Review of International Political Economy, Taylor & Francis Journals, vol. 27(3), pages 686-708, May.
    • Handle: RePEc:taf:rripxx:v:27:y:2020:i:3:p:686-708
    DOI: 10.1080/09692290.2019.1657480
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    Cited by:

    1. Keren Chen, 2022. "Industrial Policy’s Effect on Cross-Border Mergers’ Decisions—Theoretical and Empirical Analysis," Sustainability, MDPI, vol. 14(20), pages 1-25, October.
    2. Abel Ezeoha & Akinyinka Akinyoade & Ifediora Amobi & Ogbuagu Ekumankama & Paul Kamau & Agnieszka Kazimierczuk & Catherine Mukoko & Ifeanyi Okoye & Chibuike Uche, 2022. "Multinationals, Capital Export, and the Inclusive Development Debate in Developing Countries: The Nigerian Insight," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(5), pages 2224-2250, October.
    3. Michael Odijie, 2024. "Nigeria's Sugar Master Plan: Ignoring losers from industrial policy can be costly," Development Policy Review, Overseas Development Institute, vol. 42(2), March.
    4. Richard Itaman & Christina Wolf, 2021. "Industrial Policy and Monopoly Capitalism in Nigeria: Lessons from the Dangote Business Conglomerate," Development and Change, International Institute of Social Studies, vol. 52(6), pages 1473-1502, November.

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