Richard Newfarmer - Böcker

By 2030 more than three quarters of the world's absolute poor are projected to live in Africa. Accelerating economic growth is key to rising incomes on the continent, and central to this challenge is establishing activities that are capable of employing large numbers of unskilled workers, that can raise productivity through innovation, and that can power growth through exports. Such structural transformation is a key driver of growth, and between 1950-1996 about half of the economic catch-up by developing countries (led by East Asia) was due to rising productivity in manufacturing combined with growing agricultural output. Africa, however, has lagged behind.In 2014, the average share of manufacturing in GDP in sub-Saharan Africa hovered around 10 per cent, unchanged from the 1970s, leading some observers to be pessimistic about Africa's potential to catch the wave of sustained rapid growth and rising incomes. Industries Without Smokestacks: Industrialization in Africa Reconsidered challenges this view. It argues that other activities sharing the characteristics of manufacturing- including tourism, ICT, and other services as well as food processing and horticulture- are beginning to play a role analogous to that played by manufacturing in East Asia. This reflects not only changes in the global organization of industries since the early era of rapid East Asian growth, but also advantages unique to Africa. These 'industries without smokestacks' offer new opportunities for Africa to grow in coming decades.

Creating productive jobs for growing a labor force is both one of the world’s greatest challenges as well as one of its greatest economic opportunities, and one of the most consequential global megatrends. Nowhere is the job creation challenge more acute than for young people in Africa. In response to this challenge and to also address Africa’s structural economic transformation, the Africa Growth Initiative at Brookings has undertaken research on the prospects for large-scale job creation through the development of ‘industries without smokestacks’ including tourism, agro-processing, horticulture, and services that has revealed a promising path forward. This book is the first to document the potential for non-traditional industries to address the formal sector job creation that is critical for Africa to simultaneously harness its demographic dividend and achieve structural transformation. In the face of premature deindustrialization, many economists have voiced pessimism about Africa’s ability to replicate past economic development models. The book also documents the potential of an alternative economic development model for Africa based on industries without smokestacks. Finally, the book suggests practical policy solutions to realize the potential of these industries

Creating productive jobs for growing a labor force is both one of the world’s greatest challenges as well as one of its greatest economic opportunities, and one of the most consequential global megatrends. Nowhere is the job creation challenge more acute than for young people in Africa. In response to this challenge and to also address Africa’s structural economic transformation, the Africa Growth Initiative at Brookings has undertaken research on the prospects for large-scale job creation through the development of ‘industries without smokestacks’ including tourism, agro-processing, horticulture, and services that has revealed a promising path forward. This book is the first to document the potential for non-traditional industries to address the formal sector job creation that is critical for Africa to simultaneously harness its demographic dividend and achieve structural transformation. In the face of premature deindustrialization, many economists have voiced pessimism about Africa’s ability to replicate past economic development models. The book also documents the potential of an alternative economic development model for Africa based on industries without smokestacks. Finally, the book suggests practical policy solutions to realize the potential of these industries

In today's economically integrated world, trade matters more for development than ever before. This book addresses the key trade issues relevant to the ongoing multilateral trade negotiations and the evolution of the world trading system. Topics include: a general overview of the Doha Round, potential gains from trade liberalization for developed and developing countries, agriculture, manufacturing trade, services, trade facilitation, TRIPs and the regulatory agenda, regional trade agreements, aid for trade and much more. This is an essential and accessible primer for policymakers, development practitioners, academics, and journalists.