The CHIPS and Science Act of 2022 allocated billions of dollars to manufacturing in the US, creating 15,000 semiconductor jobs and showing a positive impact on employment in this sector. The law aims to stimulate the industry and strengthen economic security.
The book ‘New Pathways to Creating Employment and Development in Africa’ analyzes structural transformation through ‘smokeless industries’ such as tourism, business services, agroprocessing, horticulture, ICT and modern transport, which promise employment, productivity and economic growth. It highlights the need for policies that develop basic infrastructure, labor training and competition, and recommends investing in education for young people.
