Change, Reform and Economic Growth in South Africa

Change, Reform and Economic Growth in South Africa PDF Author: Lawrence Schlemmer
Publisher:
ISBN:
Category : Blacks
Languages : en
Pages : 256

Get Book Here

Book Description

Change, Reform and Economic Growth in South Africa

Change, Reform and Economic Growth in South Africa PDF Author: Lawrence Schlemmer
Publisher:
ISBN:
Category : Blacks
Languages : en
Pages : 256

Get Book Here

Book Description


Change of Pace

Change of Pace PDF Author: Cees Bruggemans
Publisher:
ISBN:
Category : South Africa
Languages : en
Pages : 316

Get Book Here

Book Description
After winning South Africa's first democratic election in April 1994, the African National Congress did not follow a populist policy of nationalizing mines and banks, increasing taxation and spending heavily on the poor. Instead, it followed a more restrained economic policy, which was in many ways an extension of the reforms tentatively initiated by the previous government. After nearly a decade, the country's economic performance has not yet lived up to the expectations raised in this process. It is not only an underperforming economy, but concerns about resulting lack of progress in the social sphere are being expressed. Is South Africa's economic performance that bad, or do the initiated reforms promise greater success in the future? In this book, Bruggemans examines the structural dimensions of South Africa's economy, showing that a great deal of reform has already been achieved that can be expected to bear fruit in the furture. He argues that the next growth phase should outperform any other period in our modern epoch, measured in per capita growth, the general upliftment of the broader population and its general sense of well-being. The impact of this should put South Africa back on the road to strong economic performance, which will ultimately underpin the social changes that are required for the political viability of its society. Cees Bruggemans is an economist, First National Bank, South Africa.

South Africa: Economic Growth and Political Change

South Africa: Economic Growth and Political Change PDF Author: Adrian Leftwich
Publisher: London : Allison & Busby
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

Get Book Here

Book Description
Interdisciplinary research monograph comprising eleven essays on the relationship between political problems, social change and economic growth, with particular reference to South Africa R - examines social structures, separatism among the indigenous peoples, the economic implications of racial segregation, labour relations, political theory, etc., includes sociological studies of the plural societys of Sri Lanka and Malaysia, and contains a chapter analysing political and social change in Chile. References and statistical tables.

South African Economic Policy Under Democracy

South African Economic Policy Under Democracy PDF Author: Janine Aron
Publisher: Oxford University Press
ISBN: 0199551464
Category : Business & Economics
Languages : en
Pages : 377

Get Book Here

Book Description
South Africa experienced a momentous change of government from the Apartheid regime to its first democratic government in 1994. This book provides an up-to-date and comprehensive assessment of South Africa's economic policies and performance under democracy. The book includes a stand-alone introduction and economic overview, as well as chapters on growth, monetary and exchange rate policy and fiscal policy, on capital flows and trade policy, on investment and industrial and competition policy, on the effect of AIDs in the macroeconomy, and on unemployment, education and inequality and poverty. Each chapter, and the overview chapter in particular, also addresses prospects for the future.

Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa

Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa PDF Author: Nombulelo Gumata
Publisher: Springer Nature
ISBN: 3030308847
Category : Business & Economics
Languages : en
Pages : 687

Get Book Here

Book Description
The overarching goal of South Africa’s National Development Plan (NDP) is to eliminate poverty, reduce inequality, lower unemployment and increase the labour participation.This book contributes to academic and policy efforts to achieve these NDP goals. We establish that the coal, metal ores and the platinum group commodity sectors will underpin the mining as a “sunrise” industry. The export-led growth strategy is necessary for intensive employment creation but must be complemented by other micro, macroeconomic and industrial policies. A strategy of minerals beneficiation is important for intensive employment creation. Accelerated land reform is a supply side or structural reform policy intervention tool aimed at increasing potential output, changing ownership patterns in the economy, increasing entrepreneurship, labour absorption, economic inclusion and lowering income inequality. Evidence shows that the balance sheet channel, commodity price booms and busts are intricately linked with the exchange rate dynamics, policy uncertainty, confidence and the effects of droughts (also symptoms of climate change). Productivity and investment growth shocks matter for output, employment and price stability. Evidence indicates that nominal GDP growth above 10 percent and keeping inflation within the target band leads to significant increase in employment and decline in unemployment, without inflationary pressures, especially when inflation is below 4.5 percent. To operationalise the NDP targets, align and co-ordinate policies, the South African Reserve Bank (SARB) mandate can be expanded to include maximum employment. This must be complemented by lowering the inflation target band, adjusting the financial regulatory, macro-prudential and monetary policy frameworks. This will enhance the conduct and credibility of monetary and financial stability policies to achieve the set objectives. These objectives make policy co-ordination pertinent and binding.

The Development Decade?

The Development Decade? PDF Author: Vishnu Padayachee
Publisher: HSRC Press
ISBN: 9780796921239
Category : Business & Economics
Languages : en
Pages : 490

Get Book Here

Book Description
Locating the South African challenges within a broader international perspective, this study covers all the major economic growth challanges from employment, industrial policy, urban governance, and the informal economy to the social challenges of poverty, inequality, HIV/AIDS, and health policy. The key development debates of the post-apartheid era are outlined and the success of a decade of reform and experimentation is considered by a wide range of international development specialists, including American economists Gil Hart and Michael Carter; British economist Jonathan Michie; and South African Scholars Alan Whitesides, Julian May, and Mike Morris.

South Africa: Limits To Change

South Africa: Limits To Change PDF Author: Hein Marais
Publisher: Palgrave Macmillan
ISBN: 9781856499675
Category : History
Languages : en
Pages : 360

Get Book Here

Book Description
Drawing on the rich structural and political understandings of radical South African intellectuals, this book explains why the South African government has been unable to breach the boundaries of change erected by the privileged classes. It reveals why it has adopted conservative economic policies, and why the country's popular movement has failed to press home more radical opinions. Hein Marais compellingly probes the hidden dynamics of South Africa's transition, arguing that the democratic breakthrough was much less open-ended than generally believed.

Season of Hope

Season of Hope PDF Author: Alan Hirsch
Publisher: IDRC
ISBN: 1552502155
Category : Business & Economics
Languages : en
Pages : 305

Get Book Here

Book Description
Offers an insight into the circumstances under which the policies were developed, implemented and reviewed, as well as a study of the outcomes. This book addresses questions such as: How could an organisation with no previous experience of governing accomplish a peaceful transition to democracy? How did they do it and where are they going?

The South African Economy

The South African Economy PDF Author: Jill Nattrass
Publisher:
ISBN: 9780195702897
Category : Saving and investment
Languages : en
Pages : 328

Get Book Here

Book Description


Social Protection, Economic Growth and Social Change

Social Protection, Economic Growth and Social Change PDF Author: James Midgley
Publisher: Edward Elgar Publishing
ISBN: 1781953953
Category : Political Science
Languages : en
Pages : 298

Get Book Here

Book Description
This highly original and thought-provoking book examines the recent expansion of social protection in China, India, Brazil and South Africa four countries experiencing rapid economic growth and social change. The authors explore the developments in each country, analyse the impact of government cash transfers and discuss key future trends. The study reveals that social protection has complemented economic growth and supported development efforts and has been fundamental to promoting equitable and sustainable societies. The book is essential reading for students of social policy, economics, development studies and public administration and will be an important resource for policymakers and administrators everywhere.