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Industrialization in an Open Economy Peter Kilby

Industrialization in an Open Economy By Peter Kilby

Industrialization in an Open Economy by Peter Kilby


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Summary

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.

Industrialization in an Open Economy Summary

Industrialization in an Open Economy: Nigeria 1945-1966 by Peter Kilby

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.

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.

Additional information

NLS9780521084017
9780521084017
0521084016
Industrialization in an Open Economy: Nigeria 1945-1966 by Peter Kilby
New
Paperback
Cambridge University Press
2008-10-14
420
N/A
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