Industrial Hubs and Economic Catch-Up: Productive Transformation and Governance

Metiku, Arkebe

Abstract

This book explores the vital role industrial hubs play in the economic catch-up of developing and emerging economies. It examines the characteristics of newly industrialised economies and the potential for industrial hubs to enable economic transformation, industrial agglomeration, and technological development. The uneven nature of industrialisation and economic growth is highlighted by case studies worldwide, including China, Singapore, South Korea, and Vietnam from Asia; and Ethiopia, Mauritius, and Morocco from Africa. An industrial policy framework for productive transformation and governance is outlined to present how the impact of industrial hubs can be maximised in accelerating late industrialisation and economic catch-up.

This book offers unique insight into the opportunities and challenges presented by industrial hub development within emerging and developing economies. It will be of interest to students, researchers, policymakers, and practitioners working on industrial policy and development economics.

Citation

Metiku, A. (2025). Industrial Hubs and Economic Catch-Up: Productive Transformation and Governance. Springer. https://doi.org/10.1007/978-3-031-84624-3

• Book Type: Authored Book
• Publication Date: Apr 13, 2025
• Deposit Date: Jul 8, 2025
• Publisher: Springer
• Series Title: Palgrave Studies in African and Development Economics
• Series ISSN: 3004-9601
• ISBN: 9783031846236
• DOI: https://doi.org/10.1007/978-3-031-84624-3
• Keywords: Industrial hubs, Economic development, Industrialization in Africa, Industrialization in Asia, Uneven development, African industrial hubs, Asian industrial hubs, Industrial policy, Newly industrialised economies, Special economic zones, Structural transformation, Economic catch-up, Agglomeration economies, Export-processing zones, Technological catch-up, Foreign direct investment