MOOC: Industrial policy for the 21st century – the challenge for Africa
According to The World Bank, Africa’s working-age population is expected to increase by nearly 70% by 2035. Without industrialization to create jobs, it will be difficult to achieve sustainable development. While manufacturing led to rapid industrialization in East Asian countries, there is doubt that it can have the same effect in Africa. The question is, if not through manufacturing, how can Africa promote economic growth?
In this course from UNU-WIDER, brought to you via the SDG Academy, you will hear from senior researcher John Page and other leading voices in development economics about the range of activities known as ‘industries without smokestacks’, and learn how industrial policy that promotes the growth of these industries presents a win-win scenario for economic development in Africa.