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African Journal of Economic Review

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Industrial Growth and Policy in Zambia: Lessons from South Korea

Frank Chansa, Ngao Mubanga, Dale Mudenda, Manenga Ndulo

Abstract


This paper discusses the divergence in industrial growth for two countries Zambia and South Korea and tries to draw lessons from South Korea for Zambia’s industrial policy and strategies that leads to industrial transformation and job creation. The conceptual framework argues that South Korea having evolved into a developmental state was fundamental to its transformation to an industrial state while Zambia failed to advance beyond the development state status.   




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