Regional before global: A value chain approach to industrialisation in West Africa

Maxime Weigert writes:
Integration into global value chains (GVCs) is often hailed as a key pathway to sustainable industrialisation in Africa, driving private sector development and modernisation, and so fostering job creation and greater participation in the global economy. This is promoted for West Africa, where the share of manufacturing industry in the regional GDP was only around 9 percent in 2015. In order to achieve Sustainable Development Goal 9, which prioritises industrialisation in the battle against poverty and exclusion, the region needs to scale up its industrialisation in an effort to increase employment and social inclusion, particularly among youth.
More here

Related Posts: