Focus Africa

Harnessing Manufacturing to Africa's Trade and Growth: From Lagging to Leading Sector

NTBF
16 December
15:15 - 16:45
Tsavo Room Hilton

Organisers

TDS LIVE | Harnessing Manufacturing to Africa's Trade and Growth: From Lagging to Leading Sector

Session objectives 

Although Africa has seen celebrated improvement in its economic performance in recent decades, the region’s slow underlying pace of structural change has led some observers to be pessimistic about Africa’s prospects. Indeed, its manufacturing sector constitute a smaller share of output and employment in Africa now than in the mid-1980 and its share of world manufactured exports has fallen during the same period. Recent research, analysing how differences in countries policies and institutional approaches affect industrialisation, has pointed toward government policy playing a crucial role in incentivizing deepened growth in Africa’s manufacturing sector.  Is Africa doomed to slow growth and technological change because its manufacturing sector is small?  What are the major impediments to its future expansion?  What is the appropriate role for industrial policy?  The session will explore reasons for the slow take off of manufacturing and policies designed to spur further industrial growth. 

Speakers

  • Emeritus Professor, University of Geneva
  • Country Director, The International Growth Centre
  • Director, Regional Integration and Trade Division, United Nations Economic Commission for Africa

Moderator

  • Country Director for Rwanda, Uganda and South Sudan, The International Growth Centre