China and latecomer-industrialisation processes in Sub-Saharan Africa: Situating the role of (industrial) policy
2017-12-19 09:57:02 Viewed: 2975 Downloads: 936-
China and latecomer-industrialisation processes in Sub-Saharan Africa: Situating the role of (industrial) policy
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Pub: 2017-12-19 09:57:02
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This paper examines how China’s systemic impact on the world economy and
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growing presence in Sub-Sahara Africa (SSA) affects processes of structural
change in SSA countries. It is argued that these effects depend both on their size
and composition which varies across different SSA countries, as well as their
mediation through domestic policy. This paper explores potential China-related
effects on industrialisation processes in SSA as well as the role of (industrial)
policy in mediating these effects. In particular, it is argued that capitalising on
the full potential of domestic markets by strengthening intersectoral and final
consumer demand becomes increasingly important in light of the more limited
scope for export-led manufacturing sector growth stemming from China’s systemic impact on the world economy. The paper further proposes a framework to separate empirically the differences in manufacturing sector growth that can be
explained by differences in the size and composition of various China-related
effects from those resulting from differences in country-specific factors.
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Keywords
Industrialization, China-Africa, Industrial policy
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