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Author: South Africa. Department of Trade and Industry
Publisher:
ISBN: 9780986982422
Category : South Africa
Languages : en
Pages : 77
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Book Description
Author: South Africa. Department of Trade and Industry
Publisher:
ISBN: 9780986982422
Category : South Africa
Languages : en
Pages : 77
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Book Description
Author: Nicolette Cattaneo
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 23
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Book Description
South Africa's 2010 Trade Policy and Strategy Framework (TPSF) document envisages a "strategic tariff policy" in line with government's major development objectives, key among which are employment creation and industrial development and restructuring. The TPSF also outlines a policy of "strategic integration into the global economy" designed to participate in the world economy while preserving sufficient policy space to pursue domestic objectives. This policy emphasises the need to develop a trade strategy on the new generation trade issues, including trade in services. The rationale for a work programme on trade in services rests on the high share of services in domestic and global value added, increases in services trade and the significant proportion of FDI destined for services sectors. Pressure on developing countries to liberalise their services trade at multilateral, regional and bilateral levels is an additional concern. The paper explores debates surrounding the role of the services sector in development and the inferences for South Africa's employment creation and industrial policy goals. It considers questions about the feasibility and desirability of services trade liberalisation at the regional, bilateral and multilateral levels, as well as in North-South versus South-South configurations, and the associated implications for development policy space. The paper finds that a focus on the services sector to the neglect of manufacturing will be insufficient as a development strategy. Research on the distributional consequences and employment effects of services trade liberalisation at the subsectoral level is needed in light of the linkages between manufacturing and services sectors. The paper highlights increasing concern about the impact on policy space of pressure on developing countries to make GATS-plus obligations in North-South regional and bilateral negotiations, particularly in services, investment and intellectual property. The paper concludes that, although efficient and reliable services are needed for industrialisation, generalised services trade liberalisation is not the appropriate strategy for the services sector either in South Africa or in developing countries more generally. Services trade liberalisation in GATS or in North-South trade agreements such as the Economic Partnership Agreements is also not necessarily the best way to improve services sector efficiency and exploit the sector's growth and employment potential. The paper stresses the importance of services trade policy formulation, however, as envisaged in South Africa's TPSF document, and outlines research needed on the services sector in view of South Africa's employment creation and industrial policy goals .
Author: Moyo, Theresa
Publisher: CODESRIA
ISBN: 2869785712
Category : Business & Economics
Languages : en
Pages : 406
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Book Description
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.
Author: Gbadebo Odularu
Publisher: Springer
ISBN: 3319455699
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
This book provides a comprehensive analysis of South-South regional trade issues, with a particular focus on sustainably fostering Africa’s regional trade agenda. It examines the extent to which South-South regional trade agreements (RTAs) have contributed toward enhancing regional integration and economic expansion in Africa in particular, and in the South in general. The authors recommend new conceptual frameworks, appropriate initiatives, and workable policy recipes to help South-South RTAs enhance Africa’s economic transformation trajectory. The book underscores the geo-politics, as well as the opportunities and challenges that emerging economies now represent for Africa in the context of South-South regional trade policy. Readers will learn how Africa can strengthen its regional trade game by securing and building on the positive outcomes of South-South RTAs.
Author: Lawrence James Edwards
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 40
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Book Description
This paper puts forward a strategic view of what South African trade policy should be doing in relation to the future global trading environment. The future is uncertain, but if the past is prologue, South African trade policy needs to be positioned for a continuation of the commodity cycle, and to exploit markets in emerging economies, including Africa, more fully. Simultaneously, it needs policies to spur labour-intensive services and manufacturing exports, both because these will be needed if commodity markets are less robust and because of their employment creating potential. South Africa's current strategy, however, is inflexible, heavily focused on domestic concerns and has the danger of placing South African exporters at a disadvantage in accessing the growing emerging economies. It also gives rise to an inherent tension between the interests of South Africa and the African region in trade negotiations. Having as the central tenet of trade policy a commitment to deal with tariffs on a case-by-case basis will not serve South Africa well in the global economy that is likely to emerge over the next fifteen years. A simpler tariff structure would facilitate the conclusion of free trade agreements and actually make industrial policy more effective.
Author: Lawrence Edwards
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
South African trade policy has exerted a major influence on the composition and aggregate growth of trade. In the Apartheid period, South Africa developed a comparative advantage in capital-intensive primary and manufactured commodities partly because of its natural resource endowments, but also because the pattern of protection was particularly detrimental to exports of non-commodity manufactured goods. By contrast, trade liberalization from 1990 not only increased imports, but by reducing both input costs and the relative profitability of domestic sales also boosted exports. This evidence suggests that additional trade liberalization and policies that afford South African firms access to inputs at world prices could well be part of the strategy to enhance export diversification.
Author: Simone Claar
Publisher: Springer
ISBN: 3319657143
Category : Political Science
Languages : en
Pages : 251
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Book Description
This book provides an innovative perspective on class dynamics in South Africa, focusing specifically on how different interests have shaped economic and trade policy. As an emerging market, South African political and economic actions are subject to the attention of international trade policy. Claar provides an in-depth class analysis of the contradictory negotiation processes that occurred between South Africa and the European Union on Economic-Partnership Agreements (EPA), examining the divergent roles played by the political and economic elite, and the working class. The author considers their relationships with the new global trade agenda, as well as their differing standpoints on the EPA.
Author: Rob Davies
Publisher: Jonathan Ball Publishers
ISBN: 1776190947
Category : Biography & Autobiography
Languages : en
Pages : 280
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Book Description
'As the world economic system stumbles, as trade wars intensify and the dangers of a diminishing global multilateralism threaten, Davies' new book offers a unique blend of astute analysis and personal experience. It is a must-read.' – Jeremy Cronin, former Deputy Minister of Transport Africa's past quarter century has been shaped by the decisions and reach of one of the oldest political alliances in southern Africa, that between the African National Congress and the South African Communist Party. In this memoir, Rob Davies, one of the government's most articulate former senior ministers, looks back on the politics, policies and inner workings of the South African government in the democratic era. He offers and insider's account of the evolution of trade and economic policy over the last 25 years, up to the presidency of Cyril Ramaphosa and the global impact of the COVID-19 pandemic. Leavened with intriguing anecdotes and informed by the author's very personal and humanising history of activism and exile, Towards a New Deal makes the case for an economic policy transformation that is focused on creating jobs and reducing poverty, that highlights South Africa's role in Africa, and that addresses the challenges of economic stagnation, climate change and the fourth industrial revolution. It will be essential reading for economists, businesspeople and ordinary readers keen to grasp the political and economic dynamics of the moment.
Author: Charles Chukwuma Soludo
Publisher: IDRC
ISBN: 1592211658
Category : Africa
Languages : en
Pages : 376
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Book Description
This book maps the process and political economy of policy making in Africa. It's focus on trade and industrial policy makes it unique and it will appeal to students and academics in economics, political economy, political science and African studies. Detailed case studies help the reader to understand how the process and motivation behind policy decisions can vary from country to country depending on the form of government, ethnicity and nationality and other social factors.
Author: Rashad Cassim
Publisher:
ISBN: 9781919982045
Category : Exports
Languages : en
Pages : 163
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Book Description
