Industrial strategy for late starters : the experience of Kenya, Tanzania and Zambia
GULHATI, R. | SEKHAR, U.
Based on the existing literature and the circumscribed data base, this paper assesses the extent and nature of industrialization in three African countries. After a promising start, the drive to industrialize is now faltering. The record is influenced much more by the colonial legacy and the macro-economic situation of each country than by industrial policy. It is clear that future industrial advance will depend heavily on the pace of rural development. Catering to world markets is not likely to provide a major stimulus for the industrial sector of many African economies in the near term future.
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