IDEAS home Printed from https://ideas.repec.org/a/taf/revape/v31y2004i100p263-281.html
   My bibliography  Save this article

The post-apartheid economy

Author

Listed:
  • Neva Seidman Makgetla

Abstract

South Africa's post-apartheid economy has been characterised by low growth and investment, and a rise in unemployment (at 30%, higher than any other middle income country). Government economic policy has stressed the encouragement of investment through deregulation, privatisation and fiscal restraint. However, the failure of this strategy to promote growth and create jobs points to the need for a more interventionist strategy, one in which government must do more to stimulate equitable growth. This proposition is highly contested. Nonetheless, in response to the crisis within the economy, the government has adopted limited reforms involving increased spending on basic social services and housing, greater emphasis on job creation and equity, a renewed stress on planning and coordination and greater support for cooperatives. Yet these new initiatives do not constitute a systematic plan for transforming the economy and more integrated policies are required to overcome dualism and stimulate job-creating growth. My thanks to Tanya van Meelis for comments.

Suggested Citation

  • Neva Seidman Makgetla, 2004. "The post-apartheid economy," Review of African Political Economy, Taylor & Francis Journals, vol. 31(100), pages 263-281, June.
  • Handle: RePEc:taf:revape:v:31:y:2004:i:100:p:263-281
    DOI: 10.1080/0305624042000262284
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/0305624042000262284
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/0305624042000262284?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Parker, Gail Denise & Costa, King, 2021. "Mapping The Emergence Of Local Economic Development In South Africa Since The Dawn Of Democracy," AfricArxiv hcxk4, Center for Open Science.
    2. Vishwas Satgar, 2012. "Beyond Marikana: The Post-Apartheid South African State," Africa Spectrum, Institute of African Affairs, GIGA German Institute of Global and Area Studies, Hamburg, vol. 47(2-3), pages 33-62.
    3. Jacqueline Mosomi, 2019. "Distributional changes in the gender wage gap in the post-apartheid South African labour market," WIDER Working Paper Series wp-2019-17, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:revape:v:31:y:2004:i:100:p:263-281. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CREA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.