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Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa

Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa. Presentation By Prof. David N. Abdulai President & CEO African Graduate School of Mgmt. & Leadership dabdulai@africasml.edu.gh. Equipping Today’s African Leaders for Tomorrow’s Challenges.

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Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa

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  1. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa Presentation By Prof. David N. Abdulai President & CEO African Graduate School of Mgmt. & Leadership dabdulai@africasml.edu.gh Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  2. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  3. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  4. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa OVERVIEW OF PAPER • Introduction • Statement of the problem • Overview of Africa’s Industrial Performance • Lessons Learned Pertaining to Africa’s Industrial Performance • Enhancing Africa’s Productive Capacities to contribute to IP • Analysis, Observations & Suggestions • Conclusion Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  5. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa INTRODUCTION • Africa’s remarkable econ. Growth in the last decade • Have 10 fastest growing countries in the world • 8 out 10 past yrs. Africa has grown faster than East Asia • Growth due to increase dd of its commodities • Macroeconomic Mgmt. & Good Governance • Increase Capital inflows & aid Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  6. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa STATEMENT OF THE PROBLEM • Achieving any significant level of econ. growth & dev’t. is linked to the industrialisation of the economy. • Africa’s industrial sector remains small & underdeveloped. • It is the least developed manufacturing region in the world • Africa need to improve industrial sector & its performance • This will be impossible without the enhancing of its productive capacities. Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  7. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa OVERVIEW OF AFRICA’s INDUSTRIAL PERFORMANCE • Africa’s MVA decreased from 3.6% to 2.9% in 1998 • Africa’s MVA declined to 0.2% from 1980-88 (UNIDO, 1991) • Africa’s MVA in GDP fell from 12.8 % in 2000 to 10.5% in 2008 • There has been a decline in the importance of manufacturing in Africa’s exports. • Africa continues to be marginalised in global manufacturing. (UNCTAD, 2011) Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  8. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa MAJOR CAUSES • Domestic policy failures (design & implementation) • Lack of policy space to implement alternative policies • Structural constraints Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  9. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa LESSONS LEARNED – INDUST. PERFORMANCE IN AFRICA • The kinds of domestic policies developed & their implementation matter • Structural factors • Ownership of the development process is important • Inward-looking industrialisation strategies & impact on Africa’s indust. • Development of technological capabilities of domestic firms • Agriculture-Industry linkages are extremely important • Private sector should be included in industrialisation process • Political Stability • Sust. Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  10. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa ENHANCING AFRICA’S PRODUCTIVE CAPACITIES TO CONTRIBUTE TO INDUSTRIAL PERFORMANCE • Capital accumulation • Technological progress • Structural change • Institutional frameworks • Investment & credit challenges • Human capital development • Technology & R&D Information coordn. & Prod. linkages Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  11. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa ASKING QUESTIONS, SEEKING ANSWERS • Now that we know what we know now. What should be done? • What are Africa’s priority actions in achieving this goal? • How do we overcome the implementation & monitoring Challenge? • How do we marshal the political will to achieve these goals? • How do we turn our inspirations & aspirations into reality through perspiration? • How do we move from NATO to MATO? Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

  12. Enhancing Productive Capacities & the Improvement of Industrial Performance in Africa THANK YOU Equipping Today’s African Leaders for Tomorrow’s Challenges Equipping Today’ African Leaders for Tomorrow’s Challenges

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