Can Sub-Saharan Africa break into global manufacturing?
The region’s high labour and capital costs present a serious challenge to its competitiveness.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
Advances in production technology and a trend towards shorter supply chains make a return to “business as usual” highly unlikely.
COVID-19 crisis offers opportunities to foster industrialization by building synergies between policy areas such as healthcare and industry.
The pandemic is a reminder that investments in scientific, technological and productive capacities are necessary to build resilience in crises.
Innovation can provide swift remedies to the COVID-19 linked recession. Policy should contain incentives to innovate in the long-term.
Policy responses to COVID-19 need to manage short-term effects of the pandemic while setting conditions for economic recovery.
Policy actions and coordination will be crucial in mitigating the impacts of the global pandemic on industry.