A Review of Recurrent Themes of the Asian Miracle- Any Lessons for Sub-Saharan Africa?

Abstract

There are three recurrent themes in the East Asian catch-up industrialization model that could to serve as policy lessons for Sub-Saharan Africa. Agricultural productivity growth cum industrial booms were complementary factors in _East Asians industrial revolutions Labour-intensive - low-skill manufacturing provided the viable dynamic 'entry route' to exportbased industrialization and Industrial policy served as an elixir for rapid capital accumulation.