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Achieving Development SuccessStrategies and Lessons from the Developing World$
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Augustin K. Fosu

Print publication date: 2013

Print ISBN-13: 9780199671557

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199671557.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 December 2019

Post-Apartheid South Africa: An Economic Success Story?

Post-Apartheid South Africa: An Economic Success Story?

Chapter:
(p.232) 12 Post-Apartheid South Africa: An Economic Success Story?
Source:
Achieving Development Success
Author(s):

Mats Lundahl

Lennart Petersson

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199671557.003.0012

The chapter provides an evaluation of the development of the South African economy since the end of apartheid in 1994. Taking the 1993 situation as the point of departure, it gives an account of the path leading to the formulation of the major policy documents, and examines to what extent their objectives have been met. It highlights poverty reduction and redistribution, stabilization (fiscal and monetary policy, liberalization of the capital account of the balance of payments, exchange rate policy), trade and competition policy, investment strategies, and labour market policy.

Keywords:   South Africa, development path, apartheid, poverty reduction, redistribution, fiscal policy, labour market policy

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