Seminar hosted jointly by LUCAS and Leeds University Business School as part of their Economic Seminar Series.
Prof. Howard Stein (Department of Afroamerican and African Studies & Department of Epidemiology, University of Michigan), ‘Industrial policy in Africa’
There is a growing literature on the need for industrialization in Africa and some form of industrial policy but considerable disagreement on the strategy needed to reverse the poor performance of industry on the continent. Part of the problem is the divergence in the theoretical understanding of industrial policy in Africa and other parts of the world.
The economic theory underlying industrial policy varies enormously with implications to the selection of policies, their purpose, their likely outcome and the design of interventions. The literature can be bifurcated into a number of different approaches two which fall within mainstream economics and four in non-mainstream approaches. We will argue the latter are more useful for understanding the success and failures of interventions and for constructing the institutional building blocks for industrial policy in Africa.
Friday 21 October, 3pm, Liberty Building, Lecture Theatre (LT 1.28). All welcome. Light refreshments will be available. For more information please contact Gaston Yalonetzky G.Yalonetzky@leeds.ac.uk
The Liberty Building is situated on the corner of Moorland Road and Belle Vue Road on the Western Campus of the University of Leeds. It is situated behind the Maurice Keyworth Building (Business School). For more information on Professor Howard Stein please see here.