Dynamic Industrial Policy In Africa
Dr Adam Elhiraika, Director, Macroeconomic Policy Division, UN Economic Commission for Africa (UNECA)
Veronica Kalema, Head of Africa Credit Strategy, Nedbank Capital
Chair: Alex Vines, Research Director, Area Studies and International Law; Head, Africa Programme, Chatham House
Africa’s strong economic growth set against a subdued global market has been impressive. But sustainable inclusive growth that will generate jobs over the long term and reduce the threat from external commodity shocks requires increased industrialization. This would create employment and improve livelihoods but is dependent on a policy shift and successful reforms to enable the development of manufacturing.
This event will launch the 2014 UN Economic Commission for Africa (UNECA) report Dynamic Industrial Policy in Africa which calls on the continent’s governments to re-focus their development strategies on industrialization through the formulation and implementation of effective industrial policy.