Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains

Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in te...

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Main Authors:	Abreha, Kaleb G., Kassa, Woubet, Lartey, Emmanuel K.K., Mengistae, Taye A., Owusu, Solomon, Zeufack, Albert G.
Format:	Book
Published:	Washington, DC: World Bank 2021
Subjects:	INDUSTRIALIZATION GLOBAL VALUE CHAIN MARKET COMPETITION SKILLS DEVELOPMENT EMPLOYMENT COMPARATIVE ADVANTAGE KNOWLEDGE-INTENSIVE INDUSTRY
Online Access:	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/431361637729896467/industrialization-in-sub-saharan-africa-seizing-opportunities-in-global-value-chains http://hdl.handle.net/10986/36465

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recordtype	oai_dc
spelling	okr-10986-364652022-06-02T05:10:42Z Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains Abreha, Kaleb G. Kassa, Woubet Lartey, Emmanuel K.K. Mengistae, Taye A. Owusu, Solomon Zeufack, Albert G. INDUSTRIALIZATION GLOBAL VALUE CHAIN MARKET COMPETITION SKILLS DEVELOPMENT EMPLOYMENT COMPARATIVE ADVANTAGE KNOWLEDGE-INTENSIVE INDUSTRY Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade. Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries. 2021-11-03T18:53:07Z 2021-11-03T18:53:07Z 2021-11-23 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/431361637729896467/industrialization-in-sub-saharan-africa-seizing-opportunities-in-global-value-chains 978-1-4648-1673-4 http://hdl.handle.net/10986/36465 Africa Development Forum; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Africa Sub-Saharan Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	INDUSTRIALIZATION GLOBAL VALUE CHAIN MARKET COMPETITION SKILLS DEVELOPMENT EMPLOYMENT COMPARATIVE ADVANTAGE KNOWLEDGE-INTENSIVE INDUSTRY
spellingShingle	INDUSTRIALIZATION GLOBAL VALUE CHAIN MARKET COMPETITION SKILLS DEVELOPMENT EMPLOYMENT COMPARATIVE ADVANTAGE KNOWLEDGE-INTENSIVE INDUSTRY Abreha, Kaleb G. Kassa, Woubet Lartey, Emmanuel K.K. Mengistae, Taye A. Owusu, Solomon Zeufack, Albert G. Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
geographic_facet	Africa Sub-Saharan Africa
relation	Africa Development Forum;
description	Industrialization drives the sustained growth in jobs and productivity that marks the developmental take-off of most developed economies. Yet, academics and policy makers have questioned the role of manufacturing in development for late industrializers, especially in view of rapid advancements in technologies and restructuring of international trade. Concurrently, industrialization and structural transformation are integral to the African Union’s Agenda 2063 and the development strategies of several countries in Sub-Saharan Africa (SSA). Given this renewed interest in industrialization across the region, a central question is not whether SSA countries should pursue industrialization as a potential path to sustainable growth but how to promote the prospects of industrialization. Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains addresses this question by reassessing the prospects for industrialization in SSA countries through integration into global value chains. It also examines the role of policy in enhancing these prospects. The main findings indicate that • SSA has not experienced premature deindustrialization; the region has witnessed substantial growth in manufacturing jobs despite a lack of improvement in the contribution of manufacturing value-added to GDP. • The region’s integration into manufacturing global value chains is reasonably high but it is dominated by exports of primary products and engagement in low-skill tasks. • Global value chain integration has led to job growth, and backward integration is associated with more job creation. The report emphasizes the role of policy in maintaining a competitive market environment, promoting productivity growth, and investing in skills development and enabling sectors such as infrastructure and finance. Policy makers can strengthen the global value chain linkages by (1) increasing the value-added content of current exports, (2) upgrading into high-skill tasks, and (3) creating comparative advantages in knowledge-intensive industries.
format	Book
author	Abreha, Kaleb G. Kassa, Woubet Lartey, Emmanuel K.K. Mengistae, Taye A. Owusu, Solomon Zeufack, Albert G.
author_facet	Abreha, Kaleb G. Kassa, Woubet Lartey, Emmanuel K.K. Mengistae, Taye A. Owusu, Solomon Zeufack, Albert G.
author_sort	Abreha, Kaleb G.
title	Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
title_short	Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
title_full	Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
title_fullStr	Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
title_full_unstemmed	Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains
title_sort	industrialization in sub-saharan africa : seizing opportunities in global value chains
publisher	Washington, DC: World Bank
publishDate	2021
url	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/431361637729896467/industrialization-in-sub-saharan-africa-seizing-opportunities-in-global-value-chains http://hdl.handle.net/10986/36465
_version_	1764485305678692352

Industrialization in Sub-Saharan Africa : Seizing Opportunities in Global Value Chains

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