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Industrial Policy and Economic Transformation in Africa$
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Joseph Stiglitz and Akbar Noman

Print publication date: 2015

Print ISBN-13: 9780231175180

Published to Columbia Scholarship Online: May 2016

DOI: 10.7312/columbia/9780231175180.001.0001

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The Return of Industrial Policy

The Return of Industrial Policy

(What) Can Africa Learn from Latin America?

Chapter:
(p.162) Chapter 6 The Return of Industrial Policy
Source:
Industrial Policy and Economic Transformation in Africa
Author(s):

Annalisa Primi

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231175180.003.0006

This chapter seeks to answer the question of what lessons Africa can learn from the experiences in Latin America given the changing global landscapes that both regions face in pursuing economic transformation today with the “new geography” of growth, production, trade, and innovation as a result of the rise of emerging economies, especially China.

Keywords:   Latin American industrial policy experience, new global context, stratrgic mangement of FDI, partnerships with the private sector, natural resource rents for economic transformation, Investing in state capabilities

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