Technology or Labor Costs? Why Has Africa Missed Out on a Manufacturing Takeoff? And Is Manufacturing Still a Viable Path to Development?
Debates on Sub-Saharan Africa’s development path and prospects often focus on two questions. Looking back, why have countries not experienced the structural transformation towards labor-intensive manufactures that has played such an important a role in the rapid development of Asian countries? And, looking forward, can poor countries still jump onto the escalator of manufactured exports development?