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In Focus: Local Content Policy

In this edition of In Focus, we discuss the importance of local content policy and its contribution to sustainable development with Prof. John Sutton, Sir John Hicks Professor of Economics at the London School of Economics. Prof. Sutton has been a consultant for the World Bank since 2000, and served on the Advisory Committee on Access to the Japanese Market (Tokyo) from 1995 to 2002. He served as a member of the Group of Economic Advisors to the President of the European Union from 2001-2004, and of the Enterprise Strategy Group (Ireland), which reported in 2004. He is a Fellow of the Econometric Society, and of the British Academy, and was President of the Royal Economic Society from 2004 to 2007. Prof. Sutton is also the author of the Enterprise Map Project,which aims at providing a detailed profile of industries and of leading industrial companies in each of several countries in sub-Saharan Africa. His books include Sunk Costs and Market Structure (MIT Press, 1981), Technology and Market Structure (MIT Press, 1998), Marshall's Tendencies: What Can Economists Know? (MIT and Leuven University Press, 2000) and Competing in Capabilities: The Globalization Process (Oxford University Press, 2012). In Focus, a television series produced by UONGOZI Institute, presents an in-depth overview into the key issues affecting sustainable development in Africa.