Prof. Dr Amedzro St-Hilaire, Walter

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

A freshly released publication is now available.
Amedzro St-Hilaire, W. (2026). Social and Environmental Risks: An Alternative to a Fundamentally Productivist and Polluting Growth Model. Journal of Economic Issues, 60(3), 897–905. https://t.co/9svfn1O29o

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The establishment of a strong international presence in high-growth sectors is imperative for the assurance of long-term economic and trade stability.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

In achieving this objective, two significant gaps must be addressed: the absence of a coherent industrial policy and the limited competitiveness among business enterprises.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Successfully implementing a trade strategy necessitates anchoring it in a robust industrial infrastructure, situating it within a fair competitive ecosystem, and embedding it in a structural framework conducive to innovation and business performance.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The overall coherence of these strategies is imperative for maintaining our economic competitiveness and strengthening our resilience in the face of fluctuations in international trade.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The regulatory framework is frequently perceived to be intricate and volatile. The proliferation of regulations, the escalating technical intricacy of these regulations, and the frequency of legislative changes collectively engender an environment characterised by uncertainty.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

These models are also subject to structural risk aversion, as well as a financing model that relies excessively on bank credit.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Savers have been observed to demonstrate a distinct predilection for security, a tendency that impedes the allocation of savings towards productive investments and innovation.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Moreover, it is noteworthy that the progression of industrial development continues to be significantly influenced by the actions of traditional financial institutions and institutional investors, who have adopted a risk-averse approach.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

In contrast, regions such as Silicon Valley benefit from significant venture capital, while China mobilises large-scale public funding. This phenomenon has the effect of retarding the growth of nascent industrial enterprises, particularly during their growth and development steps

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

It is important to acknowledge that numerous countries have not yet adopted a model in which industrial policy is conceptualised as a strategic instrument of power.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The prevailing perspective on industrial policy remains anchored in economic and competitive considerations. However, it is noteworthy that major powers have historically incorporated the geopolitical dimension into their industrial strategies.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The absence of a robust industrial policy is a significant deficit in the present context. It is evident that enhanced trade protection measures are unable to redress the long-term consequences of a deteriorating industrial sector.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Similarly, the effective implementation of an ambitious industrial policy in an international environment characterised by unaddressed trade distortions is not possible.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

In view of the particularly aggressive industrial policies pursued by nations, as well as by other major economies, it is evident that African countries can no longer afford to neglect the development of a resolute and proactive industrial policy.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

This is a prerequisite for a country to exert influence on the economic stage. To achieve this goal, it is imperative that the nation secures sufficient space for manoeuvre, acquires credible leverage, and ensures that its economic partners demonstrate a respect for its interests

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

From this standpoint, implementing a proactive and coordinated industrial policy appears imperative. The proposed initiative would address the current shortcomings in innovation and research. Policymakers must refocus their collective efforts on promoting advanced technologies.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Within the parameters of this study, it is imperative to underscore that augmented funding constitutes a pivotal element of the proposed approach. This approach also involves the recruitment of the most eminent experts and academic specialists in the relevant field.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

Moreover, it appears necessary to place greater emphasis on supporting startups and SMEs operating in the technology sector. Furthermore, the fostering of synergies between research centres and businesses is of major importance for the initiative's success.

[Prof. Dr Amedzro St-Hilaire, Walter @WalterAStH]

The aim is to establish an integrated, innovative and resilient industrial ecosystem that can ensure technological sovereignty. A thorough overhaul of industrial strategy is imperative, based on a combination of political, fiscal, commercial and economic measures.