Private Sector & Development #34 - Embracing the challenges of sustainable industrial development

The debate concerning the impacts of globalisation, which was previously the preserve of economists, is now of interest to a much broader section of the population. People are starting to ask questions about the ways in which we consume and exchange industrial goods in an interconnected world and to highlight increasing concerns over climate-related challenges. Cure-all for African unemployment? The Asian miracle? Responsible for climate change? A solution for (in)dependence and national resilience? While industry is a source of much controversy, it is also frequently touted as an indispensable stage in a country’s economic development.