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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....
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OVERVIEW. - Economic policy in South Africa-past, present and future / Haroon Bhorat, Alan Hirsch, Ravi Kanbur and Mthuli Ncube --. - PART 1: THE ECONOMICS OF POST-APARTHEID SOUTH AFRICA. - Twenty years of economic policymaking-putting people first / Trevor Manuel --. - South Africa's growth...
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The South African services sector is large and growing. This coupled with declining employment shares in manufacturing and mining (i.e. deindustrialization) suggests that South Africa is a de facto service-orientated economy. Employment patterns in services reveal a segmentation that is...
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The pursuit of long-run economic growth in Africa : an overview of key challenges / Haroon Bhorat and Finn Tarp -- Ethiopia : an agrarian economy in transition / Yared Seid and Alemayehu Seyoum Taffesse -- Understanding Ghana's success growth story and job creation concerns / Ernest Aryeetey and...
Persistent link: https://www.econbiz.de/10011515574
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 middle-income peer economies. In addition, we...
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