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A Comparative Analysis of the Rubber Industries in Liberia and Malaysia: Lessons for Industrial Policy.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
A Comparative Analysis of the Rubber Industries in Liberia and Malaysia: Lessons for Industrial Policy./
作者:
Duoku, Thomas K. .
出版者:
Ann Arbor : ProQuest Dissertations & Theses, : 2021,
面頁冊數:
68 p.
附註:
Source: Masters Abstracts International, Volume: 83-05.
Contained By:
Masters Abstracts International83-05.
標題:
Agriculture. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28821202
ISBN:
9798494457875
A Comparative Analysis of the Rubber Industries in Liberia and Malaysia: Lessons for Industrial Policy.
Duoku, Thomas K. .
A Comparative Analysis of the Rubber Industries in Liberia and Malaysia: Lessons for Industrial Policy.
- Ann Arbor : ProQuest Dissertations & Theses, 2021 - 68 p.
Source: Masters Abstracts International, Volume: 83-05.
Thesis (M.Phil.)--University of Johannesburg (South Africa), 2021.
This item must not be sold to any third party vendors.
Liberia, with the world‟s largest contiguous rubber plantations and multinational rubber companies, needs to prioritise the development of a rubber manufacturing plan while moving up the value-added chain. The country needs a structural transformation from low productivity agriculture to high output manufacturing. Manufacturing has the potential to stimulate other sectors of the economy and contribute to export-led industrialization, increase foreign exchange earnings through revenue realization, improve living standards, and increase income distribution. This dissertation thus puts forward a rubber manufacturing, processing plan that has the potential of linking other segments of the economy to it. This would not only contribute to government revenues, but reduce poverty and breach the vicious circle of economic growth without development. Through a comparative case study with Malaysia, using a qualitative research method, this study aims to investigate why Liberia, with the world‟s largest contiguous rubber plantations, has failed to develop her rubber industry, whereas Malaysia has succeeded.Drawing on other research and the literature on the industrial rubber sector, it is evident from the research findings that Liberia‟s rubber industry has failed to develop and become incorporated into the international industrial global value chain, which makes plastics, tyres, gloves, etc., because both past and present Liberian governments and the multinational rubber companies have failed to incorporate universal rubber production into the country, through the addition of value chains.Research findings reveal that, for Liberia to avoid the vicious circle of growth without development, the government must play a pivotal role through industrial policies, using rubber manufacturing to transform the industrial sector by means of complex value-added industries, just as Malaysia did to achieve industrialization. This would entail the provision of finance, sound macroeconomic policy tools, and the creation of an Act, which would be a powerful instrument to expand private enterprise, especially small-scale farmers, despite their low entrepreneurial skills. Furthermore, a reform cluster approach to policy implementation and political stability would be more effective than the current models of operation, as this would address coordination problems.
ISBN: 9798494457875Subjects--Topical Terms:
518588
Agriculture.
A Comparative Analysis of the Rubber Industries in Liberia and Malaysia: Lessons for Industrial Policy.
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Liberia, with the world‟s largest contiguous rubber plantations and multinational rubber companies, needs to prioritise the development of a rubber manufacturing plan while moving up the value-added chain. The country needs a structural transformation from low productivity agriculture to high output manufacturing. Manufacturing has the potential to stimulate other sectors of the economy and contribute to export-led industrialization, increase foreign exchange earnings through revenue realization, improve living standards, and increase income distribution. This dissertation thus puts forward a rubber manufacturing, processing plan that has the potential of linking other segments of the economy to it. This would not only contribute to government revenues, but reduce poverty and breach the vicious circle of economic growth without development. Through a comparative case study with Malaysia, using a qualitative research method, this study aims to investigate why Liberia, with the world‟s largest contiguous rubber plantations, has failed to develop her rubber industry, whereas Malaysia has succeeded.Drawing on other research and the literature on the industrial rubber sector, it is evident from the research findings that Liberia‟s rubber industry has failed to develop and become incorporated into the international industrial global value chain, which makes plastics, tyres, gloves, etc., because both past and present Liberian governments and the multinational rubber companies have failed to incorporate universal rubber production into the country, through the addition of value chains.Research findings reveal that, for Liberia to avoid the vicious circle of growth without development, the government must play a pivotal role through industrial policies, using rubber manufacturing to transform the industrial sector by means of complex value-added industries, just as Malaysia did to achieve industrialization. This would entail the provision of finance, sound macroeconomic policy tools, and the creation of an Act, which would be a powerful instrument to expand private enterprise, especially small-scale farmers, despite their low entrepreneurial skills. Furthermore, a reform cluster approach to policy implementation and political stability would be more effective than the current models of operation, as this would address coordination problems.
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