"A long road to substantive levels of industrialization still lies ahead of most African countries. The challenges facing policy-makers, industrialists, industrial development activist and all other actors in these countries are enormous. This raises the question as to, what role the international community should play in the 21st century to provide support intended to expedite Africa's industrial development.This book argues that arrangements should be leveraged to build the productive capacities of the African economies, in order to enable them to take advantage of the market opportunities arising from preferential market access terms within various stripes of regional trade agreements (RTAs) and multilateral liberalization and demonstrates how African-EU co-operation can help build sustainable and competitive productive capacities in Africa"-- Provided by publisher. "Of the fifty-four African states, only South Africa is categorised by the United Nations Industrial Development Organization (UNIDO) amongst industrialised countries. The economic activities in Africa are still dominated by the production and trade of agricultural and mineral commodities. This situation is in spite of the longstanding Africa-European Union (EU) co-operation, which intends, among other things, to support Africa's industrialization endeavours. Imperatively, a long road to substantive levels of industrialization still lies ahead of the African countries. This raises the question as to, what role the international community could and should play in the 21st century to provide the support needed to expedite Africa's industrial transformation. This book argues that to supplement the initiatives of each African country, international partnerships, of both 'North-South' and 'South-South' nature, will serve better purposes, if they are leveraged to develop productive capacities in African economies. In order to enable the African countries to leverage their traditional partnership with the EU for industrialisation, a paradigm shift is obligatory. A feasible model should emulate the Japanese-led 'flying geese' model and the Chinese-led 'bamboo capitalism model"-- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.