INDEX
Page numbers refer to the print edition but are hyperlinked to the appropriate location in the e-book.
AAA. See Accra Agenda for Action
AACB. See Association of African Central Banks
AALF. See All African Leather Fair
Accra Agenda for Action (AAA), 282, 290n15
ACET. See African Center for Economic Transformation
Addis Ababa, 150–51
ADLI. See Agricultural Development-Led Industrialization
AfDB. See African Development Bank
Africa: agricultural sector and, 186; challenges faced by, 163; development experience in, 2–5; financial crises in, 200, 200; growth turnaround in, 1, 165, 165; as heterogeneous, 179–80; institutions and governance and, 7–9; Latin American lessons for, 179–91; Latin America similarities with, 180–81; lost quarter century of, 2–4; manufacturing intensity and, 167, 167; middle class consumers and, 168–69; overview about, 162–63, 164; R&D intensity in, 170, 170–71; reforms, pacing and sequencing of, 5–7; trade and, 167–68, 168. See also specific case study; specific topic
African Center for Economic Transformation (ACET), 2
African Development Bank (AfDB), 210
African Guarantee Fund (AGF), 210–11
“Africa’s Rise: How Real is the Rise of Africa?” (The Economist), 1
Afro-pessimism: arguments for, 33–34; bureaucratic capabilities and, 43–46; climate factors and, 33, 34–35; conclusions, 48–49; criticisms of, 34–38; cultural factors and, 33–34, 37–38; development transformation and, 16–17; DNTTAH argument, 43–46; geography factors and, 33, 35–36; historical factors and, 33, 36–37; natural resources and, 38–41; overview about, 16–17, 32; political economy considerations, 41–43
AGF. See African Guarantee Fund
Agricultural Development-Led Industrialization (ADLI), 124
agriculture, 248–49, 259n84
aid: effectiveness, 269, 284–86; endogeneity problems and, 285, 290n17; growth and, 231, 254nn3–4; NAT and, 275, 289n7; ODA, 268; PASDEP, 119n2, 124, 152–53; productivity measure, 283–84
aid allocation, optimal: CPR and, 281; criteria for, 281, 289n13; poverty and, 270
All African Leather Fair (AALF), 132
Angola: credit extension and, 213, 213, 215; growth turnaround in, 1
APSTCH. See Chilean Association of Salmon and Trout Producers
aquaculture. See Chile’s salmon industry
Arellano-Bond GMM, 276, 277
Argentina, 181, 190, 191
Aristotle, 35
Assessing Aid (World Bank), 270
Association of African Central Banks (AACB), 221
Australia, 39–40
Automobile Development Committee, 64
 
Bangladesh, 25n8; growth, 26n21; rural development in, 75–77, 97n13
Bangladesh garment industry: conclusions about, 95–96; endowments changes in, 75–77; infrastructure upgrading and, 77; institutions facilitating, 77–79; learning, knowledge, and capabilities and, 73–75; overview about, 73; summary, 79, 80; women in, 74–77
bank. See specific bank
Bank for International Settlements (BIS), 202
Bank of Uganda, 221
Benin: access to bank loans, 209; credit extension and, 213, 213, 215
BIS. See Bank for International Settlements
blue revolution. See Chile’s salmon industry
BNDES. See National Development Bank
bonded warehouses, 78, 130, 259n2
Borlaug, Norman E., 67
Botswana: credit extension and, 213, 213, 215; growth, 3, 253n1; political economy of, 257n61
bottom-up policy model, 177, 178
Brazil: agricultural sector in, 186; BNDES and, 186–87; capability and, 190; emerging economies and, 175; green solutions and, 189; horizontal measures and, 183; industrial policy resurgence in, 181; PRODECER and, 69, 70; R&D intensity in, 170, 171; science, technology, and innovation and, 184; sectoral technology funds and, 187; trade and, 167, 168. See also Cerrado miracle
Brazilian Agricultural Research Corporation (EMBRAPA), 68, 69–71, 186
Brazilian Enterprise for Technical Assistance and Rural Extension (EMBRATER), 70
briberization, 25n14
Burkina Faso: access to bank loans, 209; credit extension and, 213, 213, 215
Burundi: access to bank loans, 209; credit extension and, 213, 213, 215
 
Cameroon: access to bank loans, 209; credit extension and, 213, 213, 215
capability: Afro-pessimism and, 43–46; Bangladesh garment industry and, 73–75; Brazil and, 190; Cerrado miracle and, 69–70; Chile and, 84–85, 190; Chile’s salmon industry and, 84–85; knowledge-based, 176; Latin America and, 190; learning and, 54–55; Singapore and, 90–92; Thailand’s automobile industry and, 60–62. See also technological capability
capacity: in cut flowers industries, 157; in leather goods industries, 157
capacity development (CD): EHDA and, 149–50; learning and, 54–55; systems thinking and, 96n2
Cape Verde, 213
capital: flows, 222–23; formation, 199, 199; working, 211, 211–12. See also managerial capital
case studies: Bangladesh garment industry, 73–79, 80, 95–96; Cerrado miracle, 67–71, 72, 95–96; Chile’s salmon industry, 81–87, 88, 95–96, 97n16; conclusions, 95–96, 155–59; cut flower industries, 141–55; leather goods industry, 126–41; research questions for, 59; Singapore, 89–93, 94, 95–96; Thailand’s automobile industry, 59–65, 66, 95–96, 97n5, 97n7, 97n11
CBN. See Central Bank of Nigeria
CD. See capacity development
Central Africa Republic: access to bank loans, 209; credit extension and, 213, 213, 215
Central Bank of Nigeria (CBN), 215
Central Leather Research Institute (CLRI), 134
Cerrado Agricultural Research Center (CPAC), 68
Cerrado miracle: conclusions about, 95–96; institutions facilitating, 70–71; knowledge and capabilities accumulation, 69–70; overview about, 67; PRODECER and, 69, 70; soybeans and, 68–69; summary, 71, 72; technological innovation and, 67–69; transport infrastructure and, 68
Chad: access to bank loans, 209; credit extension and, 213, 213, 215; growth in, 1, 25n1
Chiang Ching-Kuo, 49n1
Chile, 181; capability and, 84–85, 190; horizontal measures and, 183; natural resource rents and, 187–88
Chilean Association of Salmon and Trout Producers (APSTCH), 86
Chile Foundation, 81, 82–84, 85–86
Chile’s salmon industry: conclusions about, 95–96; employment in, 81, 97n16; endowment change in, 81–84; institutions facilitating, 85–87; Japan-Chile Salmon Project, 82, 84, 85–86; learning, knowledge, and capabilities and, 84–85; overview, 81; summary, 87, 88
China: Huajian group and, 138–39, 160n4; influence of, 175; lending from, 250, 259n90; manufacturing and, 166, 166, 167, 167; R&D intensity in, 170, 170; reforms in, 6; trade and, 167–68, 168; water and, 249, 259n86
CKD. See completely knock down kits
The Clash of Civilizations (Huntington), 33
climate change, 237–38
climate factors: arguments for Afro-pessimism, 33; criticisms of Afro-pessimism, 34–35
CLRI. See Central Leather Research Institute
clusters, 62
Collier’s outcomes-based allocation, 282
Colombia, 175, 191
colonialism, 33
commercial banks, 146, 160n6
Commission on Growth and Development report (2008), 57
commodities booms, 1, 3, 25n3
communism, 45, 49n1
Comoros, 214
comparative advantage: dynamic, 55–56; endowments and, 55–56; Ethiopia and, 156; going beyond, 183–86; government role in changing, 56–58; Latin America and, 183–86; in leather goods industries, 125; natural resources and, 39–41; technological innovation and, 67–69
completely knock down (CKD) kits, 61
conflict, 236–37, 256nn35–36
Costa Rica, 183, 185
Côte d’Ivoire: credit extension and, 213, 214, 215; growth in, 3
country context, 106–7
Country Performance Rating (CPR), 281
Country Policy and Institutional Assessment (CPIA), 24; aid effectiveness and, 284–86; aid productivity measure needed for, 283–84; aim of, 271, 289n3; alternative proposals to, 281–83; analyzed, 271–80; conclusions about, 286–87; contemporaneous growth and, 269; CPR and, 281; criteria, 272, 287–88; data description and descriptive statistics, 275, 276; descriptive evidence related to, 272–74, 273; disclosure of, 271; discussion, 286; empirical specification and, 275–76, 277; evolution of, 271–72; ex-ante conditionality and, 274; as growth predictor, 275–80; hidden conditionality and, 274; history, 271–72; IDA and, 271; improving on, 280–86; instrument proliferation and, 278, 289n12; Kanbur’s proposal, 281–83; NAT and, 275, 289n7; new approach to allocation for, 284–86; outliers and, 278, 289n11; overview, 268–69; rating scale, 272, 289n4; related literature, 269–70; relevance of, 274; results of analysis of, 276, 277, 278, 280; revisions of, 289n5; robustness checks and, 278, 280; score lagged one period and, 277, 278; as subjective, 271, 276; summary statistics by decade, 272, 273; summary statistics by region, 273, 273–74; of trade policy, 274
CPAC. See Cerrado Agricultural Research Center
CPIA. See Country Policy and Institutional Assessment
CPR. See Country Performance Rating
credit extension, 213, 213–16, 214
cultural factors: arguments for Afro-pessimism, 33–34; criticisms of Afro-pessimism, 37–38
cut flower industries: bankruptcies in, 148; capacity building in, 157; CD and, 149–50; commercial banks and, 146, 160n6; company differentiation and, 157–58; DBE and, 158–59; DBE initiatives for, 147; DBE problems with, 146–47; DBE role in, 145–47; dialogue, continuous, in, 158; disadvantage of, 125; EHDA role in, 149–51; EHPEA and, 143, 147, 152; employment levels in, 153, 153–54; finance and, 145–47, 158–59; financial crisis and, 148–49; financing modalities employed for, 146; five year plan and, 144; flower breeding and, 150; foreign companies and, 158; government intervention in, 126, 144–45, 148–49; growth pattern in, 124; history, 142, 144; industrial policy in, 144–45; Integrated Capacity Building Program and, 149–50; investment support for, 150–51; land and, 150–51, 153, 153–54, 160n7; lessons learned, 157–59; market promotion for, 151; overview, 19–20, 142–44; participants and products in, 143; PASDEP and, 152–53; pay and working conditions in, 154; performance of, 152, 152–54; potential of, 141–42; as priority sector, 145–46, 160n5; problems in, 142; regulation and, 157; summary about, 154–55; timeline, 144; value chain, 142, 143; volume and value of export in, 152, 152
 
Daewoo, 73–75
DBE. See Development Bank of Ethiopia
demand, 241
democracy, 237, 243–44, 257n63
Department of Trade and Industry (DTI), 193n2
Derg regime, 128
Desh Garment Company, 73–75
Detroit of Asia vision, 63–64
development bank: BNDES as, 186–87; Ethiopia and, 13, 26n22; failure and, 13–14, 26n17
Development Bank of Ethiopia (DBE): commercial banks and, 146, 160n6; conclusions about, 158–59; cut flower industries and, 145–47, 158–59; financial crisis and, 148–49; financing modalities employed by, 146; five year plans and, 146; initiatives of, 147; leather goods industries and, 140, 158–59; priority sectors and, 145–46, 160n5; problems faced by, 146–47; role of, 145–47
development transformation: Afro-pessimism and, 16–17; disaggregating learning and, 18–19; exchange rate policy and, 15; outstanding cases overview, 17–18
diffusion-oriented system, 110
disaggregating learning, 18–19
disaggregation, 108, 108–9
disaster myopia, 200
DNTTAH. See do not try this at home
Doing Business indicators, 24, 232, 255n17
do not try this at home (DNTTAH): argument, 43–46; best practice and, 45–46; difficulty factor and, 44; economic expertise and, 44–45, 49n1; high-quality bureaucracies and, 45; rule changes and, 46–48
DTI. See Department of Trade and Industry
dynamic comparative advantage, 55–56
 
“The East Asian Miracle” (World Bank), 103
Eastern Seaboard Development Committee (ESDC), 64
Eastern Seaboard Development Plan, 63, 97n11
Ebola virus, 258n81
EBRD. See European Bank for Reconstruction and Development
ECBP. See Engineering Capacity Building Program
Eco Car project, 64
École Nationale d’Administration (ENA), 43
Economic Development Board (EDB), 92–93
economic performance, 1990–2011, 232–34
The Economist, 1
economy: ACET, 2; DNTTAH and, 44–45, 49n1; emerging, 175; Ethiopia’s liberalization of, 129–30; governance and, 123–24; green, 178, 189, 238; NSE, 104; OECD and, 163; OECF and, 103; rural, 240, 257nn55–56; South Africa slowdown in, 204. See also global economic landscape; political economy
EDB. See Economic Development Board
education, 248, 258n78, 258n82
EHDA. See Ethiopian Horticulture Development Agency
EHPEA. See Ethiopian Horticulture Producers and Exporters Association
EIFCCOS. See Ethio-International Footwear Cluster Cooperative Society
ELIA. See Ethiopian Leather Industries Association
EMBRAPA. See Brazilian Agricultural Research Corporation
EMBRATER. See Brazilian Enterprise for Technical Assistance and Rural Extension
employment: in Chile’s salmon industry, 81, 97n16; in cut flower industries, 153, 153–54; in leather goods industries, 136, 137; Observatory on Employment, 191; unemployment, 257n49
ENA. See École Nationale d’Administration
endogeneity problems, 285, 290n17
endowments: Bangladesh garment industry and, 75–77; Chile’s salmon industry and, 81–84; comparative advantage and, 55–56; government role in changing, 56–58; technological innovation and, 67–69; typology of development and, 58–59
Engineering Capacity Building Program (ECBP), 110
ESDC. See Eastern Seaboard Development Committee
Ethio-International Footwear Cluster Cooperative Society (EIFCCOS), 133
Ethiopia: access to bank loans, 209; background of program in, 109–10; bonded manufacturing warehouse in, 130, 259n2; business-friendly policies in, 129–30; comparative advantage and, 156; conclusions about projects in, 117, 119, 155–59; coordination and capacity development and, 115–16; credit extension and, 213, 214, 215; development bank and, 13, 26n22; economic liberalization in, 129–30; experts and, 117, 118; exports, 234; Export Trade Incentive Scheme Establishing Proclamation in, 259n2; governance and, 2, 114, 124; growth in, 1, 3; impacts of program in, 111–17, 112, 113; industrial policy dialogue in, 110–11, 119n3; kaizen pilot project in, 111; labor unions and, 154; land and, 160n7; learning approach regarding, 107–9, 108; outline of program in, 110–11; overview about, 18–20; pilot project impacts, 112, 112–13, 113; policy and management capital learning in, 107–17, 118; policy learning planning and, 115; policy scope expansion in, 116–17; priority sectors in, 160n5; program components, 109; quality and productivity and, 115; reforms and, 5–6, 25n5; voucher scheme in, 130, 259n2. See also cut flower industries; Development Bank of Ethiopia; leather goods industries
Ethiopian Horticulture Development Agency (EHDA), 147, 148; CD and, 149–50; cut flower industries role of, 149–51; Integrated Capacity Building Program and, 149–50; investment support of, 150–51; market promotion of, 151; as service agency, 149–51
Ethiopian Horticulture Producers and Exporters Association (EHPEA), 143, 147, 152
Ethiopian Leather Industries Association (ELIA), 131
Ethiopian Tanners’ Association, 131
ethnic diversity, 33, 36–37
Etounga-Manguelle, Daniel, 33–34
European Bank for Reconstruction and Development (EBRD), 288n1
evaluation, 190–91, 193n2
ex-ante conditionality, 274
exchange rate policy, 15
exports: export-oriented industrialization, 239–40; growth and, 233–34, 239–40, 246, 258nn75–76; Korea and, 258n75
Export Trade Incentive Scheme Establishing Proclamation, 259n2
 
factor productivity, 232, 245–46
farming, 257nn55–56
FDDI. See Footwear Design and Development Institute
FDI. See foreign direct investment
finance: commercial banks and, 146, 160n6; cut flower industries and, 145–47; financial crisis and, 148–49; five year plans and, 146; Latin America and, 186–88; markets and, 145; modalities, 146; natural resource rents and, 187–88; overview, 22–23; sectoral technology funds and, 187; too much, 202
financial crisis: in Africa, 200, 200; capital formation and, 199, 199; cut flower industries and, 148–49; developing countries and, 198–201, 199, 200; disaster myopia and, 200; finance and, 148–49; global economic landscape and, 174; tax revenue and, 199. See also Nigerian banking crisis
financial sector: analysis areas, 201–23; asset composition in, 212, 225n1; capital flows and, 222–23; conclusions about, 223–25; credit extension in, 213, 213–16; development and growth, 198–201; financial deepening and, 212, 213; foreign banks and, 216–17; global financial crisis and, 198–201, 199, 200; Global Financial Stability Report and, 207; innovations in, 220; macroprudential policy and, 221–22; Mauritius and, 203, 205–6; Mozambique and, 206, 206–7; nonbanking institutions and, 219; overview, 197–98; private banks, 218–19; private credit extension in, 203–7, 204, 205, 206; public debt markets and, 219–20; public development banks, 218; regional/cross-border issues in, 222; regulation challenges, 220–23; research and questions, 217–20; size and structure of, 201–20; SMEs and, 60, 64, 207–12, 208, 209, 211; South Africa and, 203–4, 204; speculative bubbles and, 202–3; too much finance in, 202
Fishery Promotion Institute (IFOP), 84, 85
five year plan, 144, 146
floriculture. See cut flower industries
footwear, 133, 138
Footwear Design and Development Institute (FDDI), 134
foreign direct investment (FDI), 4; Latin America and, 185; in Mauritius, 205; technology and innovation and, 241; top destinations of Chinese, 168, 168
France, 43, 169
 
Generalized Method of Moments (GMM), 276, 277, 289n9; instrument proliferation and, 278, 289n12
general purpose technologies (GPTs), 90
geography factors: arguments for Afro-pessimism, 33; criticisms of Afro-pessimism, 35–36
Germany, 37
GG. See good governance
Ghana: credit extension and, 213, 214, 215; growth in, 3
global economic landscape: changing, 164–71; China influencing, 175; development policy changes and, 171–79; economic thinking and, 171–73; financial crisis and, 174, 198–201, 199, 200; geography of growth in, 165–69; geography of learning and innovation, 169–71; green economy and, 178; growth in, 165–69; industrial policies, new interest in, 173–79, 177; knowledge-based capabilities and, 176; manufacturing and, 166, 166–67, 167; middle class consumers and, 168–69; overview, 162–64; production structure and, 172; R&D intensity, 169–71, 170; shift in, 165, 165; trade and, 167–68, 168; World Economic Forum’s Enabling Trade Index, 256n34
Global Financial Stability Report (IMF), 207
globalization: preservation, 235–36; trade and, 256n31
GMM. See Generalized Method of Moments
good governance (GG), 8–9
governance: comparative advantage and, 56–58; in cut flower industries, 126, 144–45, 148–49; economic transformation and, 123–24; Ethiopia and, 2, 114, 124; GG, 8–9; institutions and, 7–9; kaizen and, 114; Latin America and, 182–83; in leather goods industries, 125, 134–39, 140–41; LGED, 76, 97n13; loans and, 26n18; planning functions and, 182–83; proper, 14–15; Rwanda and, 2; WC and, 3–4
GPTs. See general purpose technologies
green economy, 178, 189, 238
green revolution, 9, 25n10
GRIPS. See National Graduate Institute for Policy Studies of Japan
growth: agriculture and, 248–49, 259n84; aid and, 231, 254nn3–4; Bangladesh, 26n21; Botswana, 3, 253n1; Chad, 1, 25n1; climate change and, 237–38; Commission on Growth and Development report, 57; concluding observations about, 250–53; conflict and, 236–37, 256nn35–36; Côte d’Ivoire, 3; CPIA and, 269, 275–80; credit, 215–16; in cut flower industries, 124; demand driving, 241; democracy and, 237, 243–44, 257n63; Doing Business indicators and, 232, 255n17; economic performance, 1990–2011, 232–34; education and, 248, 258n78, 258n82; Ethiopia, 1, 3; export-oriented industrialization and, 239–40; exports and, 233–34, 239–40, 246, 258nn75–76; factor productivity and, 232; FDI and, 241; financial sector, 198–201; Ghana, 3; in global economic landscape, 165–69; globalization preservation and, 235–36; global public goods contribution and, 234–41; health and, 248, 258n81; household consumption and, 233; ICOR and, 255n22; infrastructure deficit and, 233, 255n22; innovation system and, 247–49; institutions and, 236–37; investment rate and, 254n14; labor and, 242, 257n60; learning system and, 247–49; in leather goods industries, 124, 135, 135–36; manufacturing and, 251, 259n94; Mauritius, 3, 253n1; minerals and petroleum and, 254n10; mobile phones and, 255n16; Mozambique, 1, 3; natural resources and, 238–39; Nigeria, 1; overview about, 230–32, 234; political stability and, 236–37, 256n39; political system and, 243–44, 257nn61–63; population and, 239, 257n60; potential, raising of, 234–41; remittances and, 232–33, 255n19; resource mobilization and, 245–47; rural economy and, 240, 257nn55–56; Rwanda, 1, 3; school completion and, 233; state capacity and, 244–45; sustainable, 242–50; Tanzania, 3; technology and innovation and, 241; turnaround, 1, 165, 165; urban systems and, 249–50, 259n88; youth dividend and, 239, 257n48
Growth and Transformation Plan (GTP), 124, 159n1, 160n5
GTP. See Growth and Transformation Plan
Guinea: access to bank loans, 209; credit extension and, 213, 214, 215
Gulick, Sidney, 38
 
Ha-Joon Chang, 104
Hamilton, Alexander, 31
hard infrastructure, 55–56
health, 248, 258n81
hidden conditionality, 274
historical factors: arguments for Afro-pessimism, 33; criticisms of Afro-pessimism, 36–37
history: CPIA, 271–72; cut flower industries, 142, 144; leather goods industries, 128–29, 135
horizontal measures, 183–84
household consumption, 233
housing bubble, 203
Huajian group, 138–39, 160n4
Hujian, 19
human resource development, 90–92
Huntington, Samuel, 33
 
ICOR. See incremental capital output ratio
IDA. See International Development Assistance
IDS. See Industrial Development Strategy
IEs. See industrial estates
IFOP. See Fishery Promotion Institute
IMF. See International Monetary Fund
import substitution industrialization (ISI), 31
incremental capital output ratio (ICOR), 255n22
India: green revolution and, 25n10; trade and, 167, 168
Industrial Development Strategy (IDS), 130
industrial estates (IEs), 62
Industrial Investment Promotion Act, 61
industrial policy: Africa sidestepped in, 32; Brazil and, 181; in cut flower industries, 144–45; defined, 9, 96n1; Ethiopia and, 110–11, 119n3; export-oriented industrialization and, 239–40; features of contemporary, 177; interest in, renewed, 173–79, 177; in leather goods industries, 129–34; literature review, 103–5; rising interest in, 30–32; studies, 53. See also learning, industrial, and technology policies; specific topic
industrial strategy: analytic perspective, 54–59; dynamic comparative advantage and, 55–56; endowments and, 55–56; government role in, 56–58; kaizen and, 55, 96n3; learning and, 54–55; overview, 53–54; typology of development, 58–59. See also case studies
inequality, briberization and, 25n14
infrastructure: Bangladesh garment industry and, 77; Cerrado miracle and, 68; deficit, 233, 255n22; Eastern Seaboard, 62–63; hard and soft, 55–56; Programme for Infrastructure Development, 258n70
innovation: Brazil and, 184; comparative advantage and, 67–69; FDI and, 241; in financial sector, 220; geography of learning and, 169–71; growth and, 241, 247–49; Latin America and, 184; Ministry of Science, Technology, and Productive Innovation, 181, 190; SPRING, 92, 93; system, 247–49; in technology, 67–69, 181, 184, 190, 241
instrument proliferation, 278, 289n12
Integrated Capacity Building Program, 149–50
interest rates, 26n16
International Development Assistance (IDA), 271; criteria for, 281, 289n13; new category proposed for, 281, 290n14
International Monetary Fund (IMF), 207
intitiative-based policy model, 177, 178
investment: cut flower industries and, 150–51; Industrial Investment Promotion Act, 61; in leather goods industries, 137; New Automobile Investment Policy, 64; rate, 254n14; TRIMS, 47–48. See also foreign direct investment
ISI. See import substitution industrialization
“Issues Related to the World Bank’s Approach to Structural Adjustment” (OECF), 103
 
Japan, 38; GRIPS, 109; kaizen and, 111, 119n4
Japan Bank for International Cooperation (JBIC), 56, 58
Japan-Brazil Cooperation Program for Cerrados Development (PRODECER), 69, 70
Japan-Chile Salmon Project, 82, 84, 85–86
Japan International Cooperation Agency (JICA), 56, 58, 84–85
JBIC. See Japan Bank for International Cooperation
Jefferson, Thomas, 42
JICA. See Japan International Cooperation Agency
JTC. See Jurong Town Corporation
Jurong Town Corporation (JTC), 93
 
kaizen (productivity and quality improvement): defined, 96n3; government support for, 114; guiding principles of, 119n4; industrial strategy and, 55, 96n3; pilot project for, 111; Tanzania and, 106
Kaizen Unit, 116
Kanbur’s proposal, 269; advantages, 282–83; CPIA and, 281–83; limits of, 283, 290n16; of new category, 281, 290n14
KDI. See Korean Development Institute
Kenya: credit extension and, 213, 214, 215; exports, 234; M-Pesa and, 221–22
Khan, Mushtaq, 8
knowledge: Bangladesh garment industry and, 73–75; capability and, 176; Cerrado miracle and, 69–70; Chile’s salmon industry and, 84–85; learning and, 54–55; Singapore and, 90–92; Thailand’s automobile industry and, 60–62
knowledge sharing program (KSP), 107
Korea, 36, 38, 174; exports and, 258n75
Korean Development Institute (KDI), 107
KSP. See knowledge sharing program
Kuomintang, 43
 
labor: growth and, 242, 257n60; unions, 154
land, 140, 150–51, 153, 153–54, 160n7
landlocked, 35
Latin America, 25n4; Africa similarities with, 180–81; agricultural sector, 186; BNDES and, 186–87; comparative advantage and, 183–86; conclusions about, 191–93; CPIA summary statistics on, 273; eight points about, 182–91; evaluation and, 190–91; failure and, 163, 193n1; FDI and, 185; finance and, 186–88; financial crisis and, 174; government planning functions and, 182–83; green solutions and, 189; horizontal measures and, 183–84; lessons for Africa from, 179–91; middle class consumers and, 168–69; natural resource rents and, 187–88; overview about, 21–22, 163–64; public procurement and, 185; R&D intensity in, 170, 170–71; science, technology, and innovation and, 184; sectoral dimension and, 183; sectoral technology funds and, 187; stakeholder clarification in, 188; start-ups and, 185; state capabilities and, 190; territories mobilization in, 188–89; trust building and, 188; WC and, 21–22, 193n1
L/C. See letter of credit system
LCR. See local contents requirement
LDCs. See least developed countries
leadership, 42
Leam Chabang, 63
learning: Bangladesh garment industry and, 73–75; capability and, 54–55; CD and, 54–55; Chile’s salmon industry and, 84–85; comprehensive approach to, 107–9, 108; cut flower industries and, 157–59; disaggregating, 18–19; in Ethiopia, 107–17, 108, 118; gaps in, 102–3; global economic landscape and, 169–71; growth and, 247–49; industrial strategy and, 54–55; knowledge and, 54–55; leather goods industries and, 140, 157–59; literature review, 105, 106–7; market failures regarding, 9, 25n9; planning and managerial skills and, 103; static efficiency and, 10; structure of, 108. See also policy learning
learning, industrial, and technology (LIT) policies, 10; desirability of, 11; development bank and, 13–14, 26n17; finance and, 12–13; WC and, 10
least developed countries (LDCs): subsidies and, 47, 49n3; tariffs and, 47, 49n2
Leather and Leather Products Technology Institute (LLPTI), 132
leather goods industries: ban affecting, 128; benchmarking exercise in, 134; capacity building in, 157; capacity utilization and, 129; company differentiation and, 157–58; comparative advantage in, 125; DBE and, 140, 158–59; dialogue, continuous, in, 158; EIFCCOS and, 133; ELIA and, 131–32; employment in, 136, 137; export earnings from, 135, 135–36; export taxes and, 136; finance and, 158–59; footwear sector of, 138; foreign companies and, 158; foreign competition and, 159n3; foreign investments in, 137; government intervention in, 125, 134–39, 140–41; growth pattern in, 124, 135, 135–36; history, 128–29, 135; imports and, 140; industrial policy in, 129–34; interventions and outcomes in, 134–39; land and, 140; learning from abroad and, 140; lessons learned, 157–59; Made in Ethiopia project and, 133; manufacturing sector of, 138; micro- and small-scale shoemakers and, 133; MoI and, 132–33; overview of, 127–29, 128; potential of, 126–27; regulation and, 157; summary, 139–41; supply chain problems, 130–31; support packages in, 137; tannery sector of, 137; tax policy and, 140–41; Technical Assistance Project for the Upgrading of the Ethiopian Leather and Leather Products Industry, 133–34; timeline, 135; value addition in, 136, 137; value chain products and participants, 128
Leather Industry Development Institute (LIDI), 132, 133
leather processing, 19–20
Lee Kuan Yew, 90, 92
letter of credit (L/C) system, 78
Lewis, Arthur, 123
LGED. See Local Government Engineering Department
LIDI. See Leather Industry Development Institute
Lin, Justin, 55, 104
List, Friedrich, 45
LIT. See learning, industrial, and technology policies
LLPTI. See Leather and Leather Products Technology Institute
loans: government intervention and, 26n18; SMEs access to, 209, 209–10
local contents requirement (LCR), 61–62, 97n7
local Gaussian-weighted ordinary least squares method, 269
Local Government Engineering Department (LGED), 76, 97n13
Logistics Performance Index, 256n34
 
macroprudential policy, 221–22
Madagascar: access to bank loans, 209; credit extension and, 213, 214, 215
Made in Ethiopia project, 133
Making Finance Work for Africa (AACB & Bank of Uganda), 221
Malawi, 213, 214, 215
Mali: access to bank loans, 209; credit extension and, 213, 214, 215
managerial capital: disaggregation and, 108, 109; in Ethiopia, 107–17, 118; literature review, 105–6; policy learning and, 107
manufacturing: bonded manufacturing warehouse, 130, 259n2; developing economies, 167, 167; global economic landscape and, 166, 166–67, 167; growth and, 251, 259n94; leather goods industries and, 138; OECD and, 166–67; world top twenty in, 166, 166
Marx, Karl, 45
Mauritania: access to bank loans, 209; credit extension and, 213, 214, 215
Mauritius: credit extension and, 203, 205–6, 213, 214, 215; FDI in, 205; growth, 3, 253n1; private credit extension in, 203, 205–6
MDGs. See Millennium Development Goals
Meles Zenawi, 8, 18, 19; Solow model and, 109; TC and, 109–10
middle class consumers, 168–69
Millennium Development Goals (MDGs), 271
Ministry of Science, Technology, and Productive Innovation, 181, 190
Ministry of Trade and Industry (MoI), 116, 132–33
mission-oriented system, 110
mixed policy model, 177, 178
Mkandawire, Thandika, 7
mobile phones, 255n16
MoI. See Ministry of Trade and Industry
Mozambique: access to bank loans, 209; credit extension and, 213, 214, 215; growth, 1, 3; private credit extension in, 206, 206–7
M-Pesa, 221–22
Multi-Annual Industrial Transformation Plans, 192
murky protectionism, 235
 
NAMA. See nonagricultural market access
NAT. See Net Aid Transfers
National Development Bank (BNDES), 186–87
National Fishery Services (SERNAPESCA), 84, 85, 86
National Graduate Institute for Policy Studies of Japan (GRIPS), 109
National Productivity Board (NPB), 91, 93
natural resource rents, 187–88
natural resources: Afro-pessimism and, 38–41; comparative advantage and, 39–41; development of, 26n15; growth and, 238–39; politics, perverse, and, 41
negative interest rates, 26n16
neo-liberalism: capture and corruption and, 11–12; WC and, 3
neopatrimonial politics, 41
Net Aid Transfers (NAT), 275, 289n7
New Automobile Investment Policy, 64
new structural economics (NSE), 104
Nichiro Chile, 83
Niger: access to bank loans, 209; credit extension and, 213, 214, 215
Nigeria: credit extension and, 213, 214, 215; growth turnaround in, 1
Nigerian banking crisis: credit growth and, 215–16; as outlier, 200
Nippon Suisan Kaisha, 83–84
nonagricultural market access (NAMA), 49n2
nonbanking institutions, 219
NPB. See National Productivity Board
NSE. See new structural economics
 
Observatory for Science and Technology (OCyT), 191
Observatory on Employment, 191
OCyT. See Observatory for Science and Technology
ODA. See Official Development Aid
OECD. See Organisation for Economic Co-operation and Development
OECF. See Overseas Economic Cooperation Fund
Official Development Aid (ODA), 268
Oh Won-Chul, 45
OLS. See Ordinary Least Squares
Ordinary Least Squares (OLS), 276, 277
Organisation for Economic Co-operation and Development (OECD), 163, 166–67
outcomes-based allocation, 270; aid effectiveness and, 284–86; Collier’s, 282; conclusions about, 286–87; discussion, 286; Kanbur’s proposal of, 281–83; new approach to, 284–86
Overseas Economic Cooperation Fund (OECF), 103
 
PADAP. See Program of Guided Settlement of Alto Paranaiba
Pakistan, 25n10
Paris Declaration, 282, 283, 290n15
Park Chung-hee, 49n1
PASDEP. See Plan for Accelerated and Sustained Development to End Poverty
patent law: design details and, 25n11; learning and static efficiency and, 10
payments for progress, 270
performance-based measures: Kanbur’s proposal of, 281–83; overview, 268–69
plan-based policy model, 177, 178
Plan for Accelerated and Sustained Development to End Poverty (PASDEP), 119n2, 124, 152–53
policy learning: coordination and capacity development and, 115–16; disaggregation and, 108, 108–9; in Ethiopia, 107–17, 108, 118; implementation, 115–16; managerial capital and, 107; policy scope expansion and, 116–17; private firms and, 107–8; quality and productivity and, 115; structure of, 108; TC and, 106
policy performance: CPIA analyzed regarding, 271–80; EBRD and, 288n1; overview about, 269–70; related literature, 269–70
political economy: Afro-pessimism and, 41–43; Botswana and, 257n61; developed countries, 43; leadership and, 42; three aspects regarding, 42
politics: growth and, 236–37, 243–44, 256n39, 257nn61–63; natural resources and, 41; neopatrimonial, 41
Politics (Aristotle), 35
population, 239, 257n60
poverty: aid allocation, optimal, and, 270; PASDEP, 119n2, 124, 152–53; rate, 233
private banks, 218–19
private credit extension: in Mauritius, 203, 205–6; in middle- and high-income countries, 203, 204; in Mozambique, 206, 206–7; in South Africa, 203–4, 204
private firms: disaggregation and, 108, 109; policy learning and, 107–8; structure of learning and, 108
privatization, briberization and, 25n14
PRODECER. See Japan-Brazil Cooperation Program for Cerrados Development
production structure, 172
productivity and quality improvement. See kaizen
Productivity and Standards Board (PSB), 91–92, 93
product space methodology, 246, 258n73
Programme for Infrastructure Development, 258n70
Program of Guided Settlement of Alto Paranaiba (PADAP), 69
protectionism, 31
PSB. See Productivity and Standards Board
public debt markets, 219–20
public development banks, 218
public procurement, 185
 
Quader, Noorul, 73
Queen Bee approach, 93
 
R&D. See research and development
reforms: China’s, 6; Ethiopia’s, 5–6, 25n5; pacing and sequencing of, 5–7
regulation, 157, 220–23
remittances, 232–33, 255n19
Republic of Congo, 209
research and development (R&D), 169–71, 170
resource mobilization, 245–47
Rodrik, Dani, 117
rural localities: development, in Bangladesh, 75–77, 97n13; economy, 240, 257nn55–56; EMBRATER, 70
Russell, John, 37
Rwanda: access to bank loans, 209; credit extension and, 213, 214, 215; government intervention and, 2; growth, 1, 3
 
SalmonChile, 97n16
school completion, 233
score lagged one period, 277, 278
sectoral technology funds, 187
SERNAPESCA. See National Fishery Services
Shelley, Mary, 37
Sierra Leone: access to bank loans, 209; credit extension and, 213, 214, 215
Singapore, 174; conclusions about, 95–96; human resource development in, 90–92; institutions enabling transformation in, 92–93; knowledge and capabilities and, 90–92; overview about, 89; summary about, 93, 94
Singaporean Committee on Productivity, 90–91
Singapore Productivity Development Project (SPDP), 91
small- and medium-sized enterprises (SMEs), 60, 64; access to bank loans, 209, 209–10; AGF and, 210–11; as disadvantaged, 207–9, 208; working capital and, 211, 211–12
SMEs. See small- and medium-sized enterprises
soft infrastructure, 55–56
Solow model, 105, 109
South Africa, 192, 193n2; access to bank loans, 209; credit extension and, 213, 214, 215; economic slowdown in, 204; exports, 234; housing boom in, 203; private credit extension in, 203–4, 204
Souza, Plínio Itamar de Mello de, 68
soybeans, 68–69
SPDP. See Singapore Productivity Development Project
speculative bubbles, 202–3
SPRING. See Standards, Productivity, and Innovation Board
Standard Bank, 212
Standards, Productivity, and Innovation Board (SPRING), 92, 93
start-ups, 185
state capacity, 244–45
state coherence, 42
state-society relationship, 42
static efficiency, 10
subsidies, LDCs, 47, 49n3
systems thinking, 96n2
 
tannery sector, 137
Tanzania: credit extension and, 213, 214, 215; exports, 234; growth in, 3; kaizen and, 106
tariffs, LDCs and, 47, 49n2
taxes, 136, 140–41, 199
TC. See technological capability
Technical Assistance Project for the Upgrading of the Ethiopian Leather and Leather Products Industry, 133–34
technological capability (TC): elements of, 105; Meles and, 109–10; policy learning and, 106
technology: Brazil and, 184, 187; FDI and, 241; gaps, 245, 258n71; GPTs, 90; innovation in, 67–69, 181, 184, 190, 241; LLPTI, 132; Ministry of Science, Technology, and Productive Innovation, 181, 190; OCyT, 191; sectoral technology funds, 187. See also learning, industrial, and technology policies
TFP. See total factor productivity
Thailand’s automobile industry: clusters and, 62; complexity and, 60, 97n5; conclusions about, 95–96; Detroit of Asia vision, 63–64; Eastern Seaboard infrastructure, 62–63; IEs and, 62; institutions helping develop, 64–65, 97n11; knowledge and capabilities accumulation, 60–62; LRC and, 61–62, 97n7; other factors influencing, 65; overview about, 59–60; policy measures, 61–62; summary, 65, 66
Togo: access to bank loans, 209; credit extension and, 213, 214, 215
top-down policy model, 177, 178
total factor productivity (TFP), 245–46
trade: behind-the-border impediments and, 236; CPIA and, 274; DTI, 193n2; Export Trade Incentive Scheme Establishing Proclamation, 259n2; global economic landscape and, 167–68, 168; globalization and, 256n31; issues faced in, 256n34; MoI, 116, 132–33; murky protectionism and, 235; World Economic Forum’s Enabling Trade Index, 256n34; WTO, 46–48, 49nn2–3
trade-related intellectual property rights (TRIPS), 47, 48
trade-related investment measures (TRIMS), 47–48
TRIMS. See trade-related investment measures
TRIPS. See trade-related intellectual property rights
 
Uganda, 214, 221
unemployment, 257n49
UNGA. See United Nations General Assembly
UNIDO. See United Nations Industrial Development Organization
United Nations General Assembly (UNGA), 268, 279, 280
United Nations Industrial Development Organization (UNIDO), 132–33
United States, UNGA votes and, 279, 280
urban systems, 249–50, 259n88
 
value chain, 128, 142, 143
voucher scheme, 130, 259n2
 
Walpole, Robert, 31
warehouses. See bonded warehouses
Washington Consensus (WC), 25n4; governance and, 3–4; implementation and, 5; Latin America and, 21–22, 193n1; LIT policies and, 10. See also neo-liberalism
water, 249, 259n86
WC. See Washington Consensus
Webb, Beatrice, 38
Williamson, John, 25n4
Winters, Alan, 44
women, 74–77
working capital, 211, 211–12
World Bank, 57–58, 103; Assessing Aid report of, 270; Logistics Performance Index of, 256n34; related literature, 269–70. See also Country Policy and Institutional Assessment
World Economic Forum’s Enabling Trade Index, 256n34
World Food Prize, 67
World Trade Organization (WTO), 46–48, 49nn2–3
 
youth dividend, 239, 257n48