The Evolving Structure of South Africa’s Economy

The Evolving Structure of South Africa’s Economy
Author: Seeraj Mohamed
Publisher: African Books Collective
Total Pages: 620
Release: 2024-01-23
Genre: Social Science
ISBN: 1920690409

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South Africa still faces low economic growth and high unemployment, coupled with the persistent challenges of poverty and inequality. These exert pressure on South Africa to foster structural transformation that will facilitate a more inclusive and resilient economy. Authors apply multiple theoretical and empirical perspectives to take stock of the historical and contemporary structure of the South African economy, its evolving nature and possible future pathways. The explore how South Africa's structural transformation agenda is affected by the global context, and discuss debates on the extreme social impacts of globalised and financialised economic structures. Contributors offer technical and analytical discussions of the overlapping structural faultlines that produce uneven economic performance. They explain the changes and continuities of South Africa's economic structure, bound by an analytical thread that centres power relations and political settlements. Varied chapters explain how poor governance and corruption have slowed down structural reform. This has been further exacerbated by the inconsistent availability of energy and the deterioration of logistics. The book details the structural reforms and policy regimes necessary for increasing productive capacity in South Africa's agriculture, manufacturing, agro-processing. retail and services, energy and mining industries. It also reflects on the role that micro- and informal enterprises can play if afforded the necessary support. The technical details and analyses in the book highlight the need for a radical review of macroeconomic policy to reduce the country's chronic vulnerability to poverty and inequality.

Structural Transformation in South Africa

Structural Transformation in South Africa
Author: Antonio Andreoni
Publisher: Oxford University Press
Total Pages: 411
Release: 2021
Genre: Business & Economics
ISBN: 0192894315

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Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.

Structural Transformation in South Africa

Structural Transformation in South Africa
Author: Antonio Andreoni
Publisher: Oxford University Press
Total Pages: 320
Release: 2021-07-15
Genre: Business & Economics
ISBN: 0192646753

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Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.

Structural Transformation in South Africa

Structural Transformation in South Africa
Author: Antonio Andreoni
Publisher: Oxford University Press
Total Pages: 320
Release: 2021-07-15
Genre: Business & Economics
ISBN: 0192646761

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Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.

South Africa: Economic Growth and Political Change

South Africa: Economic Growth and Political Change
Author: Adrian Leftwich
Publisher: London : Allison & Busby
Total Pages: 376
Release: 1974
Genre: Business & Economics
ISBN:

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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.

The Evolving Structure of South Africa's Economy

The Evolving Structure of South Africa's Economy
Author: Seeraj Mohamed
Publisher: Mapungubwe Institute (Mistra)
Total Pages: 0
Release: 2023-09-23
Genre:
ISBN: 9781920690397

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South Africa still faces low economic growth and high unemployment, coupled with the persistent challenges of poverty and inequality. These exert pressure on South Africa to foster structural transformation that will facilitate a more inclusive and resilient economy. Authors apply multiple theoretical and empirical perspectives to take stock of the historical and contemporary structure of the South African economy, its evolving nature and possible future pathways. The explore how South Africa's structural transformation agenda is affected by the global context, and discuss debates on the extreme social impacts of globalised and financialised economic structures. Contributors offer technical and analytical discussions of the overlapping structural faultlines that produce uneven economic performance. They explain the changes and continuities of South Africa's economic structure, bound by an analytical thread that centres power relations and political settlements. Varied chapters explain how poor governance and corruption have slowed down structural reform. This has been further exacerbated by the inconsistent availability of energy and the deterioration of logistics. The book details the structural reforms and policy regimes necessary for increasing productive capacity in South Africa's agriculture, manufacturing, agro-processing. retail and services, energy and mining industries. It also reflects on the role that micro- and informal enterprises can play if afforded the necessary support. The technical details and analyses in the book highlight the need for a radical review of macroeconomic policy to reduce the country's chronic vulnerability to poverty and inequality.

Governance for Structural Transformation in Africa

Governance for Structural Transformation in Africa
Author: Adam B. Elhiraika
Publisher: Springer
Total Pages: 317
Release: 2019-02-13
Genre: Business & Economics
ISBN: 3030039641

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This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.

The Shaping of South African Society, 1652–1840.

The Shaping of South African Society, 1652–1840.
Author: Richard Elphick
Publisher: Wesleyan University Press
Total Pages: 646
Release: 2014-01-15
Genre: History
ISBN: 0819573760

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History is a powerful aid to the understanding of the present, and those who are concerned with the escalating crisis in South Africa will find this an invaluable source book. This is the story of the evolution of a society in which race became the dominant characteristic, the primary determinant of status, wealth, and power. Cultural chauvinism of the first European colonists – primarily the Dutch – merged with economic and demographic developments to create a society in which whites relegated all blacks – free blacks, Africans, imported slaves – to a systematic pattern of subordination and oppression that foreshadowed the apartheid of the twentieth century. From the beginning of the nineteenth century the new empire-builders, the British, reinforced the racial order. In the next century and a half the industrialized South Africa would become firmly integrated into the world economy. Published originally in South Africa in 1979 and updated and expanded now, a decade later, this book by twelve South African, British, Canadian, Dutch, and American scholars is the most comprehensive history of the early years of that troubled nation. The authors put South Africa in the comparative context of other colonial systems. Their social, political, and economic history is rich with empirical data and rests on a solid base of archival research. The story they tell is a complex drama of a racial structure that has resisted hostile impulses from without and rebellion from within.

Geography and Economy in South Africa and Its Neighbours

Geography and Economy in South Africa and Its Neighbours
Author: Anthony Lemon
Publisher: Routledge
Total Pages: 344
Release: 2002
Genre: Business & Economics
ISBN:

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The dismantling of the apartheid regime in South Africa caused massive transformation in both geographical and economic terms, not only in this country but also in the region as a whole. As the post-apartheid government enters its second term, this captivating volume assesses its progress in unravelling the geography of apartheid, both in South Africa itself and in its relationships with other countries in Southern Africa and Africa. It also considers the ways in which South Africa, now that it is no longer a pariah state, has begun to position itself within the current global economy. Examining South Africa's land and agriculture, mining and minerals, manufacturing, tourism, corporate finance, the labour market and transport, the volume discusses the challenges of balancing growth and redistribution, the extent and nature of progress, change and relationships within the regional and global economy. A compelling investigation into the economics of South Africa's neighbouring states in relation to their natural resources, colonialism and inter-relationships with themselves and with South Africa leads to a focus on the region as a whole and its relations with the global economy.