ABSTRACT
On the whole, it is important to comprehend the determinants of international disparities in industrial competitiveness from different perspectives. Hence, in a bid to draw a line between what determines industrialisation success and failure, the following sections digest the key ideas from theoretical explications, as well as from the findings of empirical studies on the link between industrialisation and economic growth and development, industrialisation experiences of countries, and impact of international co-operation on industrial development.1 To deliberate on the pathways to Africa’s industrialisation and economic growth and development, this chapter recapitulates the key lessons from theory. In this case, for a reader interested in a comprehensive review, it is expedient to revisit Chapter 2 of this book. Moreover, the chapter recapitulates three stylised facts: economic growth and development is driven by industrialisation, industrialisation is driven by manufacturing, and therefore manufacturing growth is essential for economic growth and development. Again, for a reader interested in comprehensive analysis, these fundamental facts have been inferred to in Chapter 3 of this book.
