WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 20, 2023
Why Competitiveness of Light Manufacturing Industries Matters to East African Countries: In the Case of Ethiopia, Rwanda, Tanzania, and Uganda
Authors: ,
Abstract: Competitive manufacturing industries help in modernizing the agriculture sector which forms the backbone of the country’s economy and reduces the heavily dependent of people on agricultural income. The purpose of the study assesses the competitiveness of manufacturing sectors in East African countries (Ethiopia, Rwanda, Tanzania, and Uganda) and explore the policy, strategies, and agreements of the countries to enhance the competitiveness of the manufacturing sectors, analyse the government’s supporting package and identify the constraints that hinder the manufacturing sector’s competitiveness. The result finds that most of the light manufacturing industries’ products produced are used to meet the needs of domestic demand even though the rate of employment increased. And their export performance was very weak. Therefore, the government focuses on the quality of human aspects and export goods than quantity through enhancement of the strategic plans to remain a competitive manufacturing industry.
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Pages: 601-610
DOI: 10.37394/23207.2023.20.55