Trade and Industrial Policies in the New South Africa
Year: 1994
Type: report
Abstract: To achieve economic growth, South Africa aims at a more outward-oriented economic framework. However, as is discussed in the study, the transition to a more outward-oriented economy is made difficult by the constraints created by past industrial policies. Protectionism, the apartheid system, and other regulations have contributed to a generally, noncompetitive manufacturing sector, a weak macroeconomic position, and distorted factor markets. Social unrest compounds the problem, as does lack of skill and capital.
Author: Lena Moritz
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2054701571