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Publications (19)
– New Challenges and Emerging Paradigms
Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization. There...
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Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be a...
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– Impact on Waste Scavenging in Developing Countries
China has undergone remarkable economic growth spearheaded by industrialization. Chinese industry demands a wide variety of raw materials in increasing amounts in order to manufacture all kinds of products. Industrial demand exceeds domestic supply for several materials. Thus, China needs to import...
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This study shows that China’s post-1949 state-led industrialization has closely followed an underlying path that began in the late nineteenth century. It was initiated by pressing national defence needs and has since been motivated by the same and strong incentives for a faster catch-up with the...
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This paper examines the theoretical and empirical evidence for the hypothesis that manufacturing is the main engine of growth in developing countries. The paper opens with an overview of the main arguments supporting the engine of growth hypothesis and then examines each of these arguments using a...
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– Intergenerational linkage and interpersonal inequality in Senegal
Using original survey data on Senegal that include an individualized measure of consumption, we study the role played by land inheritance, other bequests and parental background as influences on an adult’s economic welfare and economic activities. While intergenerational linkages are evident, we...
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In considering pathways to industrialization in the twenty-first century, cognisance needs to be taken of the fact that many countries have actually been deindustrializing. This paper analyses deindustrialization experiences internationally, by decomposing changes in the level and share of...
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– Challenges for the Future
Industrial policy has attracted considerable controversy in the development context. This paper makes a case for a pragmatic and limited approach to interventions as a means of stimulating industrialization in the context of current and future challenges facing newly industrializing economies. It...
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– A Latecomer Adjusting to Crises
This paper examines Indonesia’s industrialization performance and policies, including its latecomer status, its generally rapid growth since the mid-1960s, its pronounced policy and performance episodes, and its ambivalent embrace of globalization. Particular attention is accorded to the deep...
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Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 and 2005 the size, diversity and sophistication...
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In the past, research on changes in relative importance among broad three sectors—agriculture, industry, and service—showed general patterns of a country’s structural transformation along with economic development. However, there has been devoid of empirical studies investigating in the structural...
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Many international organizations, governments and academics concerned with economic development look to Asia’s success, recommending that other poor countries follow similar models and paths of development. This study argues that such Asian ‘lesson-making’ is a grave mistake in policy-thinking—and...
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– Rubber in Colonial Benin
Tree crops have changed land tenure in Africa. Farmers have acquired more permanent, alienable rights, but have also faced disputes with competing claimants and the state. I show that the introduction of Para rubber had similar effects in the Benin region of colonial Nigeria. Farmers initially...
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Building on a Lewis-type model of structural change and entrepreneurship we show how a global economic crisis consisting of a financial and a trade shock can undermine structural change in developing countries via the start-up and innovation activities of entrepreneurs. The model analytics...
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There is enough consensus to show that India’s economic performance since 1991 is a direct result of the economic liberalization measures that have been put in place. One of the outcomes of this improved performance is the growth of innovations in the country. This was accompanied by or caused by...
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– Towards A General Theory of Start-Ups
Start-ups of new firms are important for economic growth. However, start-up rates differ significantly between countries and within regions of the same country. A large empirical literature studies the reasons for this and attempts to identify the regional determinants of start-ups. In contrast...
Displaying 16 of 19 results