China and latecomer-industrialisation processes in Sub-Saharan Africa: Situating the role of (industrial) policy

2017-12-19 09:57:02 Viewed: 3867 Downloads: 1505
  • China and latecomer-industrialisation processes in Sub-Saharan Africa: Situating the role of (industrial) policy

      Christina Wolf

     Publisher:

    Pub: 2017-12-19 09:57:02

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  • This paper examines how China’s systemic impact on the world economy and
    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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