Learning to compete (L2C) – accelerating industrial development in Africa

Learning to Compete seeks to answer a seemingly simple but puzzling question: why is there so little industry in Africa?

Industry—including modern services and agro-industry—is often the key to job creation, poverty reduction, and growth. Most Asian economies began their industrialization processes with initial conditions quite similar to many African countries today, yet, while Asia had explosive industrial growth, Africa’s shares of global manufacturing value added and exports have fallen. To sustain growth Africa must learn to compete in global markets.

 

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Theme: 2010-2013, Other