Industrial Policy and Economic Development

This book explores industrial policy and how it can drive economic development within emerging and developing countries. It examines the potential for sustainable economic growth and green industrialisation to deliver economic transformation and catch-up. The ways in which manufacturing can accelerate decarbonisation through the development of low-carbon industrial hubs, promote the expansion of renewable energy, and encourage investment in green technology and innovation are highlighted to show how industrial policy is key to achieving the net zero goals, the 2030 Agenda, and the Sustainable Development Goals. The links between industrial policy and urban transformation are also discussed to underline how cities can drive economic growth and foster technological innovation within the developing world.

This book offers a framework for industrial policy and economic development that can be applied within emerging and developing economies, particularly in Africa. It will be relevant to students, researchers, and policymakers interested in development economics, industrial policy, and environmental economics.

Shows how industrial policy can drive economic development within emerging and developing countries Underlines how cities can drive economic growth and foster technological innovation within the developing world Offers a framework for industrial policy and economic growth that can be applied to emerging and developing economies

Autorentext

Arkebe Oqubay is British Academy Global Professor at SOAS University of London and former Senior Minister and Special Advisor to the Prime Minister of Ethiopia.

Inhalt

1. Introduction.- 2. The Theory and Practice of Industrial Policy.- 3. Green Industrial Policy and Industrialisation in Africa.- 4. The Strategy and Governance of SOEs in Africa.- 5. Institutional Innovation, Reforms, and Economic Catch-up: The Chinese Pilot FTZs as Case.- 6. Sustainable Urban Development: Productive and Sustainable Cities.