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Home › Working Papers › O › O2 › O25

JEL Code: O25

Economic Development, Innovation, Technological Change, and Growth  →  Development Planning and Policy  →  Industrial Policy

Is Africa too late for ‘late development’? Gerschenkron south of the Sahara

Gareth Austin

Posted in Working Papers

This essay presents an economic history perspective on prospects for industrialization in Sub-Saharan Africa. The Gerschenkron-Amsden ‘late development’/‘late industrialization’ approach has valuable insights for Africa, but is best set within Sugihara’s longer-term,...
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Keywords

Africa African Union agriculture Botswana colonial economy colonial institutions Colonialism Commodities Commodity Trade Comparative History data development Economic blocs economic development Economic Growth Economic integration ECOWAS education fiscal capacity GDP gender health Human Capital inequality Institutions Intra-African Trade labour living standards long-term development marriage patterns missionaries monetary systems Mozambique political economy population Religion Sub-Saharan Africa taxation Terms of trade trade Trust Uganda Urbanization welfare ratio West Africa

JEL Codes

E62 F54 H5 H11 H20 I2 I25 I30 I32 J1 J12 J15 J16 J43 J47 N N1 N17 N25 N27 N37 N47 N57 N67 N77 N87 N97 O1 O10 O14 O18 O25 O33 O43 O55 P48 Q1 Q50 R11 R12 R40 Z1 Z10 Z12 Z13
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