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This title comes at an important time in the development of
Southern Africa's trade policy. Trade policy and trade performance
are important elements in the region's growth and development
strategies, but the future is becoming ever more uncertain. This is
partly because regional trade policy is now almost entirely
dictated by often-erratic trade negotiations processes: there is no
clear unilateral thrust. Most agree that external influences in the
form of economic partnership agreement (EPA) negotiations with the
EU and the World Trade Organisation's floundering Doha Round have
the potential to significantly alter the region's trade policy
landscape, but few are willing to predict precisely how. Given
South Africa's importance to its immediate subregion and the
broader SADC region, it is incumbent upon all interested parties to
better understand South Africa's shifting priorities and future
policy thrusts, and what implications these might have for
countries in the region. This title admirably delivers such
insights in the trade policy field. Beginning with an authoritative
overview of the political economy of trade and investment policy
reform in developing countries since the 1980s, the title then
delves into the South African experience post-1994, after which it
analyses the potential implications for South Africa's customs
union partners (Botswana, Lesotho, Namibia and Swaziland) of South
Africa's trade and industrial policy choices. The title analysis of
South Africa's contemporary debates over whether or not the country
can or should attempt to become a 'stronger' developmental state
are of particular interest, as the ruling African National Congress
remains committed to such a path, however ill defined. The book
also provides a fascinating overview of South Africa's trade policy
reform experience of the late 1990s, identifying the drivers of the
process, the reforms undertaken and the consequent real economy
impacts. It argues strongly in favour of a return to focusing on
greater unilateral trade policy reform in future, especially given
the impotence of trade negotiations. Whether or not this will come
about and what it might portend for the region remains extremely
difficult to determine. The region requires the leadership of a
South African economy committed to openness and increased trade.
But can South Africa fulfil such a role over the next five years?
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