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Industrial Policy and Economic Transformation in Africa - Columbia Scholarship Online
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Industrial Policy and Economic Transformation in Africa

Joseph Stiglitz and Akbar Noman


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 i ... More

Keywords: Industrial policy, Economic development, learning, industrial, and technology (LIT) policies, Governance, Institutions

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780231175180
Published to Columbia Scholarship Online: May 2016 DOI:10.7312/columbia/9780231175180.001.0001


Affiliations are at time of print publication.

Joseph Stiglitz, editor
Columbia University

Akbar Noman, editor