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Can Africa Follow China’s Industrialization Path?

  Marcelo Giugale The simple answer is “No”. But there is a lot that sub-Saharan Africa (“Africa” for short) can learn from the Chinese industrialization experience — that incredible transformation from an old, inward-looking, heavy industrial sector which provided relatively little employment, exported almost nothing, and was owned and managed by the state, into the world’s most formidable light-manufacturing machine, run by private entrepreneurs and home to hundreds of millions of jobs. In two decades, the country’s share of global manufacture exports rose from nearly zero to 15 percent —…

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