Tiger, tiger, burning bright? Industrial policy “lessons” from Ireland for small African economies

David Bailey, H. Lenihan, A. Singh

    Research output: Chapter in Book/Report/Conference proceedingChapter

    3 Citations (Scopus)

    Abstract

    The chapter examines possibilities for industrial policy in African countries through the lens of lessons that can be learned from the industrial policy approaches pursued in Ireland as well as in East Asia. As latecomers to industrialization, the small African economies are well positioned to undertake such an exercise, we suggest. This chapter provides some novel insights by providing a comparison between Ireland and the small African economies. To our knowledge such a comparison offers a unique contribution. Cognizant of the fact that a “one size fits all” approach to industrial policy is not appropriate in the African context, we argue in favor of the adoption of a more “holistic” approach to industrial policy in these economies. Such an approach we argue should focus simultaneously on demand and supply factors of industrial development, and on microeconomic as well as macroeconomic factors
    Original languageEnglish
    Title of host publicationGood Growth and Governance in Africa: Rethinking Development Strategies
    Place of PublicationOxford
    PublisherOxford University Press
    ISBN (Print)9780199698561
    DOIs
    Publication statusPublished - 2012

    Bibliographical note

    The full text of this item is not available from the repository.

    Keywords

    • industrial policy
    • Irish economy
    • African economies
    • East Asian economies
    • developmental state
    • SMEs
    • FDI
    • policy evaluation

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