ISSN: 2520-4750 (Online), 2521-3040 (Print)

Industrialization Lessons to Africa and Other Developing Economies

 Author (s)

Getachew Jenber Feleke

Abstract

Economies around the world have different industrialization experiences. Only a few countries are successful in transforming their economies. Majority of countries are unsuccessful and still in a backward agrarian economic system. The purpose of this paper is to explore industrialization lessons that could be adapted to Africa and other developing countries. Some economies that represent industrialized and developing economies are selected purposively. Different literatures are explored to articulate important lessons. The result confirmed that government’s commitment, role, and timing of industrial policy implementation are important factors of industrial achievements. However, natural resources endowments are not found to be a precondition of industrialization. This paper employed secondary sources and further research on primary sources are acclaimed.

Keywords: Industrialization, Lessons, Africa, Economies, Experience, Policy, Institutions.

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Title:Industrialization Lessons to Africa and Other Developing Economies
Author:Getachew Jenber Feleke
Journal Name:International Journal of Science and Business
Website:ijsab.com
ISSN:ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI:https://10.5281/zenodo.7072052
Media:Online
Volume:16
Issue:1
Issue publication (Year):2022
Acceptance Date:09/09/2022
Date of Publication:12/09/2022
PDF URL:https://ijsab.com/wp-content/uploads/985.pdf
Free download:Available
Page:232-241
First Page:232
Last Page:241
Paper Type:Research paper
Current Status:Published

 

Cite This Article:

Getachew Jenber Feleke (2022). Industrialization Lessons to Africa and Other Developing Economies: A Literature Review. International Journal of Science and Business, 16(1), 232-241. doi: https://doi.org/ 10.5281/zenodo.7072052

Retrieved from https://ijsab.com/wp-content/uploads/985.pdf

About Author (s)

 Getachew Jenber Feleke, Ph.D., School of International Trade and Economics, University of International Business and Economics, Beijing, China and Amhara National Regional  State Head of Government office, Bahir Dar, Ethiopia.

 

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DOI: https://doi.org/10.5281/zenodo.7072052

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