INDUSTRIAL POLICY AS A TOOL TO SPEARHEAD （产业政策作为先锋的工具）.pdfVIP

INDUSTRIAL POLICY AS A TOOL TO SPEARHEAD ECONOMIC GROWTH AND REGIONAL INTEGRATION IN SACU Levy Maduse, National Programme Officer: UNIDO Regional Office, South Africa Ludovico Alcorta, Director, Development Policy, Statistics and Research United Nations Industrial Development Organization Outline • Definitions : Industrial Policy, Economic Growth and Regional Integration • Africa’s Commitment to Regional Integration • Issues and Challenges on African Economic Growth And Regional Integration • Revisiting Industrial Policy • South Africa’s Adopted National Industrial Policy Framework’s Core Objectives • UNIDO’s Strategic Industrial Policy Services • UNIDO’s Analytical Tools • UNIDO’s Expertise (including SADC’s IUMP) • Conclusion NB: this presentation mostly based on a new report by the United Nations Industrial Development Organization (UNIDO) And The UN Conference On Trade And Development (UNCTAD), entitled “Economic Development in Africa Report 2011” Industrial Policy (IP) • A nations declared, official, total strategic effort to influence sectoral development, i.e policies that stimulate specific activities and promote structural change, e.g trade and fiscal policy. • IP requires concerted private-public action through government policies going hand in hand with private initiative, • The main objective is to anticipate structural change, facilitating it by removing obstacles and correcting for market failures – Good IP usually brings higher economic growth and prosperity for a country • Other objectives of IP include: – Maintaining a sustained growth in productivity; – Enhancing gainful employment; – Achieving optimal utilisation of human resources (HR); – Attaining international competitiveness and – Transformin