Statement by Mr. Carlos Lopes at the opening of the Conference Ministers: seventh joint annual meetings of the ECA Conference of African Ministers of finance, planning and economic development and AU conference of ministers of economy and finance

The industrialization models of import substitution, used in Latin America, or the Southeast Asia export driven model, are no longer an option for Africa. Particularly the latter was based on the premise of mass production with cheap labor and great absorptive capacity and significant resource savings. As a latecomer Africa sees this niche occupied and mostly gone, even if its attractiveness could be taken into account.

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Bibliographic Details
Format: Speech biblioteca
Language:eng
Published: 2014-03
Online Access:https://hdl.handle.net/10855/46798
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