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Industrialization in an Open Economy

Industrialization in an Open Economy

Industrialization in an Open Economy

Nigeria 1945–1966
Peter Kilby
October 2008
Available
Paperback
9780521084017
£41.00
GBP
Paperback

    This book provides a detailed study of how manufacturing and processing industries have developed in the largest country of West Africa. Three chapters devoted to import substitution examine the interaction of growing consumer demand and the market strategy objectives of foreign merchant firms which produced the sudden spurt of industrialization in the late 1950s. It is shown that conventional government promotion policies played an insignificant role in triggering industrial development. Subsequent chapters present analyses of Nigeria's processing industries, applied industrial research, labour supply and productivity, technical education, industrial relations and indigenous entrepreneurial performance. The study goes beyond questions of efficiency in allocating resources, to underlying organizational and institutional factors. Professor Kilby concludes by isolating key problems in the industrialization process and by suggesting an optimum development strategy.

    Product details

    October 2008
    Paperback
    9780521084017
    420 pages
    228 × 151 × 28 mm
    0.65kg
    Available

    Table of Contents

    • Introduction
    • Part I:
    • 1. Growth of the Nigerian Economy 1900–1966
    • 2. The Market
    • Part II:
    • 3. From Trade to Manufacture: The Mechanics of Import Substitution
    • 4. Import Substitution: Case Studies and Policy Implications
    • Part III:
    • 5. Utilizing Domestic Resources: Processing for Export
    • 6. Utilizing Domestic Resources: Applied Industrial Research
    • Part IV:
    • 7. The Supply of Labour
    • 8. Education and Skill Formation
    • 9. Industrial Relations and Wage Determination: Failure of the Anglo-Saxon Model
    • Part V:
    • 10. Indigenous Enterprise
    • Part VI:
    • 11. Conclusion: A Strategy for Industrialization.
      Author
    • Peter Kilby