Structural change and industrial policy: A case study of Ethiopia’s leather sector

DOI

10.1016/j.joat.2017.01.001How to use a DOI?

Keywords

L52; L67; L78; O55

Abstract

Recent empirical evidence underscores the vital role of industrial development in fostering structural change and promoting a country’s long-run development objectives. Devising sound industrial policy institutions emerges as a key policy option to promote the reallocation of human, physical and financial resources to high value added sectors of the economy. This paper examines the rationale for industrial policy, why it has been ineffective in most African countries and what policy lessons should be distilled from past experiences. Using the Ethiopian leather and leather product sector, it examines how industrial policies are formulated and implemented in practice. The paper concludes by highlighting key industrial policy instruments that other countries can take into account in order to accelerate industrial development and structural change in Africa.

Copyright

© 2017 Afreximbank. Production and hosting by Elsevier B.V. All rights reserved.

Open Access

This is an open access article under the CC BY-NC license (http://creativecommons.org/licences/by-nc/4.0/).

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TY  - JOUR
AU  - Michael Mbate
PY  - 2017
DA  - 2017/04/12
TI  - Structural change and industrial policy: A case study of Ethiopia’s leather sector
JO  - Journal of African Trade
SP  - 85
EP  - 100
VL  - 3
IS  - 1-2
SN  - 2214-8523
UR  - https://doi.org/10.1016/j.joat.2017.01.001
DO  - 10.1016/j.joat.2017.01.001
ID  - Mbate2017
ER  -