Abstract
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...
M.Phil. (Industrial Policy)