New Industrial Policy in Africa: Overcoming the Extractives Trap


Moderating the event’s first panel. Photo credit: FES Madagascar

Happy New Year!

On 3-4 November 2015, I was at a conference organised by the Friederich Ebert Stiftung (FES) foundation on ‘New Industrial Policy in Africa: Overcoming the Extractives Trap’ in Atananarivo, Madagascar .

The conference was organised to discuss attempts by African countries, especially resource producers and exporters to cope with the ongoing collapse in global commodity prices. This is within the global context of a renewed interest in industrialisation with the launch of the Sustainable Development Goals (see my post on it here), the role of governments in enabling private sector activity and in directing public investments towards stimulating industry. The conference was a contribution to ongoing debates on what effective industrial policies could look like, whether African countries should focus on their comparative or competitive advantage, how to learn from previous failures on the mis-allocation of resources, country experiences of Rwanda, Ethiopia, South Africa, Namibia and Nigeria etc.

My presentation, based on my doctoral research on the political economy of economic reform in Nigeria, briefly assessed “Nigeria’s Recent Attempts to Re-engage with Industrial Policy”, with the National Industrial Revolution Plan, and other sectoral policies, such as the Cement Policy, Sugar Policy and the Automotive policy.

The presentations are available on the FES website here.

Here are some photos of the event, with more available here:

Courtesy: FES Madagascar
A cross-section of policy makers, development experts and academics. Photo credit: FES Madagascar

 

During my presentation in the panel on country experiences. Courtesy: FES Madagascar
During my presentation in the panel on country experiences. Photo credit: FES Madagascar
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