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- W72845804 abstract "African countries in general have not achieved any substantial level of industrialization to date. In response to the abysmal performance of the economies in the continent, the Orthodoxy dictates that African governments must follow the path of minimal intervention and free trade. Under such a context, this paper re-states and analyzes the infant industry theory and presents historical evidence that demonstrates that no major county has ever succeeded in modernization and industrialization without deliberate and intensive infant industry protection and promotion by government. Accordingly, the paper argues that selective, dynamic, predictable and performance based protection and promotion of infant industries, under the context where the government has the willingness and the ability to withdraw the protection and support, is the only tried and tested path for modernization and industrialization in Africa." @default.
- W72845804 created "2016-06-24" @default.
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- W72845804 date "2009-01-01" @default.
- W72845804 modified "2023-09-25" @default.
- W72845804 title "Tried and Tested: Infant Industry Theory and its Relevance for Africa" @default.
- W72845804 doi "https://doi.org/10.2139/ssrn.1489397" @default.
- W72845804 hasPublicationYear "2009" @default.
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