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...
Working Paper
Globalization, Reform and the Informal Sector
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...
Working Paper
European Transition at Twenty
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...
Working Paper
Determinants of Industrial Embeddedness
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...
Working Paper
Efficiency of Commercial Banks in Sub-Saharan Africa
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...
Journal Article
Industry Switching in Developing Countries
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...
Journal Special Issue
Southern Growth Engines and Technology Giants
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...
Working Paper
The Evolution of Industry in Uganda
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...
Working Paper
Scoping Study on the Evolution of Industry in Ghana
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...
Working Paper
Mozambique’s Industrialization
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...
Working Paper
Development as Diffusion
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...
Working Paper
Learning to Export and Learning by Exporting
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...
Working Paper
Collective Action and Bilateral Interaction in Ghanaian Entrepreneurial Networks
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...
Book Chapter
Development as Diffusion :
From the book: Oxford Handbook of Africa and Economics, Vol. 1.
Working Paper
Industrial Development and Growth in Nigeria
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...
Working Paper
Industry Switching in Developing Countries
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...
Book Chapter
Determinants of Industrial Embeddedness :
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...
Working Paper
South Sudan’s Capability Trap
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...
Working Paper
Economic Adversity and Entrepreneurship-led Growth
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...
Working Paper
Importance of Technological Innovation for SME Growth
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...
Working Paper
A Model of Destructive Entrepreneurship
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...
Working Paper
Measuring the Business Environment for Entrepreneurship in Fragile States
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...
Working Paper
Export Diversification and Specialization in South Africa
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...
Working Paper
ICT Clusters in Europe
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...
Working Paper
Export Productivity and Specialization in China, Brazil, India and South Africa
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...
Working Paper
Types of Entrepreneurship and Economic Growth
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...
Working Paper
The Political Economy of Industrial Development in Vietnam
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...
Book
Ownership and Governance of Enterprises
Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This volume examines five types of unorthodox ownership and governance form...
Journal Article
ICT Clusters in Europe
Part of Journal Special Issue
The New Economy