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The Oxford Companion to the Economics of South Africa (Hardcover)
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The Oxford Companion to the Economics of South Africa (Hardcover)
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In 1994 South Africa saw the end of apartheid. The new era of
political freedom was seen as the foundation for economic
prosperity and inclusion. The last two decades have seen mixed
results. Economic growth has been volatile. While inequalities in
public services have been reduced, income inequality has increased,
and poverty has remained stagnant. As the twentieth anniversary of
the transition to democracy approaches in 2014, the economic policy
debates in South Africa are in full flow. They combine a stocktake
of the various programs of the last two decades with a forward
looking discussion of strategy in the face of an ever open but
volatile global economy. Underlying the discourse are basic and
often unresolved differences on an appropriate strategy for an
economy like South Africa, with a strong natural resource base but
with deeply entrenched inherited inequalities, especially across
race. This volume contributes to the policy and analytical debate
by pulling together perspectives on a range of issues: micro,
macro, sectoral, country wide and global, from leading economists
working on South Africa. Other than the requirement that it be
analytical and not polemical, the contributors were given freedom
to put forward their particular perspective on their topic. The
economists invited are from within South Africa and from outside;
from academia and the policy world; from international and national
level economic policy agencies. The contributors include recognized
world leaders in South African economic analysis, as well as the
very best of the younger crop of economists who are working on the
study of South Africa, the next generation of leaders in thought
and policy.
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