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...
The objective of the paper is to understand the transforming relationship between the formal and informal sector in a liberalizing open developing economy. There are various facets in this relationship, and we focus on three essential aspects. First...
This study gauges the status of transition in the formerly centrally planned economies of Eastern Europe and Central Asia, using a broad approach that compares countries with respect to their business environment, competition, and managerial...
Recent developments in policy initiatives as well as some current practical events have combined to put the spotlight on the issue of industrial embeddedness in sub-Saharan Africa. Though extant research documents some stylized facts, as determinants...
Utilizing the stochastic frontier approach, this study conducts a comparative analysis of profit efficiency and cost inefficiency of commercial banks operating in 29 sub-Saharan African (SSA) countries by bank ownership (domestic bank, SSA foreign...
Firm turnover (i.e., firm entry and exit) is a well-recognized source of sector-level productivity growth. In contrast, the role and importance of firms that switch activities from one sector to another is not well understood. Firm switchers are...
Fast-growing developing countries have emerged as an important destination and source of trade, investments and technology. Furthermore, trade between developing countries has grown rapidly over the last decades, and is becoming more diversified...
The paper looks at the evolution of industry in Uganda examining drivers and constraints since the pre-colonial period in the 1940s to date. It is argued that the state played a central role in industrialization during the pre-colonial and immediate...
This paper chronicles the evolution of industry in Ghana over the post-independence era from an inward over-protected import substitution industrialization strategy of 1960-83 to an outward liberalized strategy during 1984-2000, and since 2001, to...
After the Second World War, Mozambique went through a series of transformations, from an incipient industrializing colonial society to an independent country with a central planned economy, plus a regional and internal war, and finally from 1994...
We consider economic development of sub-Saharan Africa from the perspective of slow convergence of productivity, both across sectors and firms within sectors. Why have ‘productivity enclaves’, islands of high productivity in a sea of smaller low...
In this study, we investigate the relationship between exporting and firm performance using a longer panel dataset of Ethiopian manufacturing firms for the period 1996−2009. We test two hypotheses regarding exporting: selection into exporting versus...
This paper focuses on the networks of business-related contacts that are built and maintained by manufacturing entrepreneurs in sub-Saharan Africa. It describes the various functions that such networks perform, explaining why each function is...
From the book: Oxford Handbook of Africa and Economics, Vol. 1.
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of...
Firm turnover (i.e. firm entry and exit) is a well-recognized source of sector level productivity growth across developing and developed countries. In contrast, the role and importance of firms switching activities from one sector to another is...
Recent developments in policy initiatives as well as some current practical events have combined to put the spotlight on the issue of industrial embeddedness in sub-Saharan Africa. Though extant research documents some stylized facts, as determinants...
The prevailing aid orthodoxy works well enough in stable environments, but is ill-equipped to navigate contexts of volatility and fragility. The orthodox approach is adept at solving straightforward technical or logistical problems (paving roads...
Part of Journal Special Issue Southern Growth Engines and Technology Giants
Part of Journal Special Issue Southern Growth Engines and Technology Giants
Part of Journal Special Issue Entrepreneurship and Conflict
It is commonly believed that the business environment in developing countries does not allow productive technology-based entrepreneurship to flourish. In this paper, we draw on the experience of Indian software firms where entrepreneurial growth has...
This paper probes the drivers, dimensions, achievements, and outcomes of technological innovations carried out by SMEs in the auto components, electronics, and machine tool sectors of Bangalore in India. Further, it ascertains the growth rates of...
The current research on entrepreneurship as an economic phenomenon often assumes its desirability as a driver of economic development and growth. However, entrepreneurial talent can be allocated among productive, unproductive, and destructive...
This paper aims towards better understanding the role of entrepreneurship in fragile states, which despite the practical interest and relevance has been somewhat disregarded in academic research. Given the necessity to support policy formulation with...
Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on...
We analyse the clustering of European ICT activities. Our focus is primarily on the ICT manufacturing industries in the EU countries. We find a clear and intensifying concentration tendency of ICT-related production and R&D. As a rule, originally...
This paper analyses the patterns of export productivity and trade specialization profiles in the China, Brazil, India and South Africa, and in other regional groupings. In doing so, the investigation calculates a time varying export productivity...
In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range of countries...
Vietnam’s industrial development since doi moi is a success, but only a partial one. This paper provides a political economy account of Vietnam’s industrial growth since 1986. It shows that the key determinant of Vietnam’s industrial growth lies in...
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