This paper evaluates structural change, inequality dynamics, and industrial policy in South Africa between 1960 and the … present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before … entering a period of premature deindustrialization. Today, the services sector has become the primary driver of growth and …

South Africa has exhibited tepid economic growth over the past twenty years as well as high levels of income inequality … characteristic of a middle income country growth trap. This paper compares and contrasts South Africa's growth trap relative to … perpetuated the persistently low levels of growth observed. In particular we consider the capital-intensive nature of …