Blog
Science and Survival: Is an Agriculture-led Developmental Model the Way Forward for sub-Saharan Africa?
9 May 2013 Lorraine Telfer-Taivainen and Roger Williamson Pathways to Industrialization in the Twenty-First Century, (edited by Adam Szirmai, Wim...
Blog
After the Fall of the Berlin Wall: Some Lessons on Transition
Lorraine Telfer-Taivainen The European Bank for Reconstruction and Development (EBRD) in London was the setting on 19 June 2012 for the launch of the...
Blog
What Did You Do in the Currency Wars? (Part I)
Tony Addison The present currency turmoil is both a symptom and a cause of profound changes now underway in the global economy. In part 1 of this two...
Blog
Africa's Failure to Industrialize: Bad Luck or Bad Policy?
by
John Page
December 2014
16 December 2014 John Page On 20 November 2014 the United Nations celebrated the 25th Africa Industrialization Day. But perhaps ‘celebrate’ is not...
Blog
Africa’s Low Hanging Fruits
by
Justin Lin, Yan Wang
April 2014
23 April 2014 Justin Yifu Lin and Yan Wang At the onset of its miraculous rise in 1979, China had been trapped in poverty for centuries and was poorer...
Working Paper
Industrial Policy
The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the...
Blog
China and India’s Development Strategies: Lessons for Developing Countries
by
Amelia U. Santos-Paulino, Guanghua Wan
October 2010
Amelia U. Santos-Paulino and Guanghua Wan China and India have become global economic powers. Even at the market exchange rate, China overtook Japan...
Blog
Animal Spirits
Tony Addison 'Birds of a feather flock together', the old saying goes. So too do investors. Today, those investment birds are a depressed lot. The...
Policy Brief
The Global Impact of the Southern Engines of Growth
This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular growth on developing economies and the rest of the...
Policy Brief
Development Success
What, if anything, can today's developing countries learn from the past strategies of more advanced countries? the answer is 'a great deal', despite the obvious fact that the development environment has changed significantly. Based on 11 themes, this...
Policy Brief
Industrial Policy for Development
New challenges and emerging paradigms have turned industrialization and industrial policy into one of the most hotly debated and interesting issues of the early twenty-first century. Both the role of manufacturing in economic development and the...
Blog
Entrepreneurship, Innovation and Development: Lessons from Finland
by
Otto Toivanen
October 2009
Otto Toivanen At least since the 1950s it has been recognized that innovation is central to economic growth. It has also been well understood that...
Blog
Are African Countries Paying Too Much Attention To Agriculture?
by
Luc Christiaensen, Lionel Demery
April 2010
Luc Christiaensen and Lionel Demery Escalating food prices in 2007-2008, climate change and land grabbing have woken the world up to the extraordinary...
Journal Article
Can Africa Industrialise?
Africa needs structural change to sustain growth. Industry with and without smoke stacks is key, but Africa has deindustrialised since the 1970s. Can Africa industrialise? Rising costs and domestic demand in Asia offer an opportunity. However, trade...
Working Paper
Economic History of Industrialization in Cambodia
The industrialization which started in 1953 had been completely disrupted by the chronic civil war and closed-door policy of successive communism/socialism regimes. Since 1993 Cambodia has embraced a market economy heavily dependent on foreign...