Industrialisation, Employment and Poverty

Forthcoming in Michael Tribe and John Weiss (eds.), Routledge Handbook of Industrial Development, London: Routledge, pp. 84- 95.

21 Pages Posted: 16 Jul 2015

See all articles by Prema-chandra Athukorala

Prema-chandra Athukorala

Australian National University (ANU); Crawford School of Public Policy, Australian National University

Kunal Sen

University of Manchester

Date Written: July 13, 2015

Abstract

In this paper we revisit the debate on the role of industrialisation in employment generation and poverty reduction in developing countries through an interpretative survey of the literature, supplemented with relevant stylized facts. After more than four decades of development experience and research, there is a consensus that the early emphasis on “force” import substitution through protection and state intervention has outlived its usefulness and growth prospects and poverty alleviation though employment generation are greatly enhanced by industrialization through greater integration into the international economy. The changes of policy reforms seem to hinge, however, on policy makers’ ability to craft policies by carefully taking into account structural peculiarities and policy history of individual countries while drawing on both schools of thought and the accumulated evidence of economic successes and failures in other countries.

Keywords: industrialisation, employment, poverty, Washington consensus

JEL Classification: 014, O16, 024, 025

Suggested Citation

Athukorala, Prema-chandra and Athukorala, Prema-chandra and Sen, Kunal, Industrialisation, Employment and Poverty (July 13, 2015). Forthcoming in Michael Tribe and John Weiss (eds.), Routledge Handbook of Industrial Development, London: Routledge, pp. 84- 95., Available at SSRN: https://ssrn.com/abstract=2630400

Prema-chandra Athukorala (Contact Author)

Australian National University (ANU)

Crawford School of Public Policy, Australian National University ( email )

Coombs Building (Blgd 9)
Australian National University
Canberra, Australian Capital Territory 0200
Australia
+61 26125 8529 (Phone)
+61 26125 3700 (Fax)

HOME PAGE: http://rspas.anu.edu.au/economics/staff/athu/athu.htm

Kunal Sen

University of Manchester ( email )

Oxford Road
Manchester, M13 9PL
United Kingdom

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