The Asian Drivers and SSA: MFA Quota Removal and the Portents for African Industrialisation?

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2006

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University of Cape Town

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Most debates around the industrialisation possibilities for developing countries kick off on the impact of globalisation. Increasing globalisation (in the sense of trade liberalisation and opening up of markets) is either deemed to be beneficial to developing country economies or detrimental to them. Usually the impact of globalisation is discussed in terms of the integration of developing country markets into those of the industrialised centres of the global economy – i.e. North America, European Union, and Japan. Consequently the discussion hinges around the question of who benefits from opening up developing country markets to these Triad economies (and vice versa).
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