The decline of the South African economy

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Title:

Author:

Jones, Stuart.

ISBN:

9781840643923

Publication Information:

Northampton, MA : Edward Elgar Publishing, 2002.

Physical Description:

p. cm.

General Note:

Includes index.

Contents:

1. Introduction / Stuart Jones -- 2. Economic survey, 1970-2000 / Gavin Maasdorp -- 3. Macroeconomic policy, 1970-2000 / P. D. F. Strydom -- 4. Agriculture, 1970-2000 / Nick Vink and Stefan Schirmer -- 5. The mining sector, 1970-2000 -- I. The years of turbulence, 1970-1990 / Stuart Jones -- II. Transformation in the 1990s / Stuart Jones and Roger Baxter -- 6. The manufacturing industry, 1970-2000 / Trevor Bell and Nkosi Madula -- 7. The freight transport sector, 1970-2000 / Trevor Jones -- 8. The financial sector, 1970-2000 / Stuart Jones -- 9. External trade, 1970-2000 / Stuart Jones -- 10. Balance of payments, 1970-1999 / Philip Mohr -- 11. The situation in 2000 / Stuart Jones.

Geographic Term:

South Africa -- Economic conditions -- 1961-1991.

Added Author:

Jones, Stuart.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168015717560	330.96806 J79D 2002	1	Searching... Unknown

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Summary

South Africa's leading economists adopt within this volume a sectoral approach in their analysis of the drastic changes that have occurred within the South African economy since 1970. The book illustrates how, despite its sophisticated infrastructure, the South African economy has shared in the economic decline - resulting from misguided economic policies - that has been the experience of Sub-Saharan Africa.

The contributors argue that the failure of manufacturing to maintain the country's economic growth, once the output of the gold mines began to decline, is central to an understanding of events and outcomes in the economy. Government policy towards manufacturing has played a major part in the decline of the South African economy, but this has, however, tended to be overlooked as a result of the turbulence generated by the political events unfolding in South Africa.

The Decline of the South African Economy will prove to be a fascinating read for students, teachers, researchers and academics with a special interest in modern economic development or in Africa and the Third World.