Industrialisation and Structural Change: Can Sub-Saharan Africa Develop Without Factories?*
king Pape or r W • • s fondation pour les études et recherches sur le développement international e D 143June i e ic ve 2016 ol lopment P Industrialisation and Structural Change: Can Sub-Saharan Africa Develop without Factories?* Olivier Cadot, Jaime de Melo, Patrick Plane, Laurent Wagner, Martha Tesfaye Woldemichael Olivier Cadot, Professor, Faculty of Business and Economics – University of Lausanne and Senior Fellow, Ferdi Jaime De Melo, Scientific Director, Ferdi and Professor Emeritus, University of Geneva Patrick Plane, Research Director at the CNRS, Centre d’Etudes et de Recherches sur le Développement International (CERDI - Université d’Auvergne). Laurent Wagner, Research Officer at Ferdi. Martha Tesfaye Woldemichael, Ph.D. candidate at CERDI. Abstract With its sustained growth, the unprecedented wave of foreign direct investment and the sharp decline in poverty, Sub-Saharan Africa’s track record over the past fifteen years has been largely positive. Yet, this rebound in growth, accompanied by major economic reforms, democratic progress and a lower incidence of conflicts, remains fragile. In Af- rica, structural change—which in most of toady’s developed countries has come about through a transfer of resources from the primary to the secondary sector, then to the tertiary sector—appears to have “bypassed” the secondary sector. …/… Keywords: Sub-Saharan Africa, (de-)industrialization, structural change, manufacturing, services, exports, poverty, employment, productivity, growth. JEL Classification:F1, J2, L6, O11, O14, O47, O55. Acknowledgements The authors are indebted to Patrick Guillaumont, Sylviane Guillaumont-Jeanneney, Bertrand Savoye, Clémence Vergne for their helpful comments during the preparation of this research and their suggestions for the paper.
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