Structural Transformation in South Africa: The Challenges of Inclusive Industrial Development in a Middle-Income Country
Editat de Antonio Andreoni, Pamela Mondliwa, Simon Roberts, Fiona Tregennaen Limba Engleză Hardback – 26 aug 2021
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Specificații
ISBN-13: 9780192894311
ISBN-10: 0192894315
Pagini: 416
Dimensiuni: 164 x 240 x 29 mm
Greutate: 0.77 kg
Ediția:1
Editura: OUP OXFORD
Colecția OUP Oxford
Locul publicării:Oxford, United Kingdom
ISBN-10: 0192894315
Pagini: 416
Dimensiuni: 164 x 240 x 29 mm
Greutate: 0.77 kg
Ediția:1
Editura: OUP OXFORD
Colecția OUP Oxford
Locul publicării:Oxford, United Kingdom
Recenzii
This volume offers highly original perspectives on structural transformation in South Africa. It provides sophisticated analyses of productive transformation at the sectoral level, based on profound understanding of national political economy and global technological trends. It is aunique contribution to industrial policy making in middle-income countries.
Can industrial policy achieve structural transformation in a developing country in the 21st century? This fascinating volume identifies new and emerging constraints in the context of South Africa, including GVCs, automation, digitalisation and much else—and provides a positive agenda for economic policy in the new context. A must-read for policy makers and researchers on development.
Blending heterodox economic analysis with selected sectoral case studies, the different chapters examine the damaging legacy of the Washington Consensus on the South African economy and make a clear and convincing case for putting industrial policy back at the centre of development strategy, not only to correct past failures but to manage the new challenges arising from an increasingly digitalized, monopolized and environmentally fragile world. While the South African economy takes centre stage in the volume, the analysis and policy recommendations speak to a wider audience across the developing world. A valuable read.
This book is a reminder of the unfinished business of building economies that can deliver shared prosperity. This is especially so for South Africa, a middle-income country that has faced economic stagnation in the decade following the Great Recession. In its earlier years, post-apartheid South Africa scored significant achievements in extending basic services to the majority of the population and reversing the poor macroeconomic metrics inherited from the apartheid regime. But to deliver sustained and inclusive growth, the fundamental structure of the economy must be tackled. The deep research presented in this book provides decision-makers across various sectors of society with the material to think deeply about how the South African economy creates value and the nature of its integration in a rapidly evolving global economy.
As we navigate an increasingly uncertain terrain, this book offers a comprehensive and insightful look into the challenges South Africa faces in the quest for greater inclusive industrial development. The inclusion of industry experts alongside in-depth investigations by academics provides a realistic analysis of the current landscape with future prospects for transformation. This is an important and powerful contribution to steering debates away from rhetoric towards reality.
A highly original and coherent volume blending theories of developmental and entrepreneurial state, with impeccably researched deep dives into the South African economy and society. A timely mine of new evidence to design policies and shape markets towards inclusive and sustainable development.
Structural Transformation in South Africa is a timely and distinct book for researchers and policymakers who are interested in structural transformation of developing and emerging economies. Diverse leading scholars present deep analysis anchored in rich development concepts with a practical application to South Africa and linking to the challenges of middle-income countries and global dynamics. South Africa presents a particularly riveting case as one of the most advanced economies in Africa, with a large confluence of factors shaping its industrial policy. The book's emphasis on new industrial policy geared to structural transformation within the context of global drivers that shape it, and the extensive use of rich empirical data add to its significance.
This volume makes a critical contribution to improving our understanding of industrial development and structural change in developing countries. Through in-depth analyses of key industries and policy issues in South Africa, it develops a coherent, ambitious and well-grounded agenda for rethinking industrial policy in South Africa and other middle-income countries.
Can industrial policy achieve structural transformation in a developing country in the 21st century? This fascinating volume identifies new and emerging constraints in the context of South Africa, including GVCs, automation, digitalisation and much else—and provides a positive agenda for economic policy in the new context. A must-read for policy makers and researchers on development.
Blending heterodox economic analysis with selected sectoral case studies, the different chapters examine the damaging legacy of the Washington Consensus on the South African economy and make a clear and convincing case for putting industrial policy back at the centre of development strategy, not only to correct past failures but to manage the new challenges arising from an increasingly digitalized, monopolized and environmentally fragile world. While the South African economy takes centre stage in the volume, the analysis and policy recommendations speak to a wider audience across the developing world. A valuable read.
This book is a reminder of the unfinished business of building economies that can deliver shared prosperity. This is especially so for South Africa, a middle-income country that has faced economic stagnation in the decade following the Great Recession. In its earlier years, post-apartheid South Africa scored significant achievements in extending basic services to the majority of the population and reversing the poor macroeconomic metrics inherited from the apartheid regime. But to deliver sustained and inclusive growth, the fundamental structure of the economy must be tackled. The deep research presented in this book provides decision-makers across various sectors of society with the material to think deeply about how the South African economy creates value and the nature of its integration in a rapidly evolving global economy.
As we navigate an increasingly uncertain terrain, this book offers a comprehensive and insightful look into the challenges South Africa faces in the quest for greater inclusive industrial development. The inclusion of industry experts alongside in-depth investigations by academics provides a realistic analysis of the current landscape with future prospects for transformation. This is an important and powerful contribution to steering debates away from rhetoric towards reality.
A highly original and coherent volume blending theories of developmental and entrepreneurial state, with impeccably researched deep dives into the South African economy and society. A timely mine of new evidence to design policies and shape markets towards inclusive and sustainable development.
Structural Transformation in South Africa is a timely and distinct book for researchers and policymakers who are interested in structural transformation of developing and emerging economies. Diverse leading scholars present deep analysis anchored in rich development concepts with a practical application to South Africa and linking to the challenges of middle-income countries and global dynamics. South Africa presents a particularly riveting case as one of the most advanced economies in Africa, with a large confluence of factors shaping its industrial policy. The book's emphasis on new industrial policy geared to structural transformation within the context of global drivers that shape it, and the extensive use of rich empirical data add to its significance.
This volume makes a critical contribution to improving our understanding of industrial development and structural change in developing countries. Through in-depth analyses of key industries and policy issues in South Africa, it develops a coherent, ambitious and well-grounded agenda for rethinking industrial policy in South Africa and other middle-income countries.
Notă biografică
Antonio Andreoni is Associate Professor of Industrial Economics at University College London and Head of Research at the UCL Institute for Innovation and Public Purpose. He is Visiting Associate Professor in the Fourth Industrial Revolution, SARChI Industrial Development, University of Johannesburg. Antonio has researched and published extensively on production, technological change, and innovation dynamics; structural change, global value chains and industrial development; financialisation and corruption; governance and political economy of industrial policy. Antonio is an Editor of The European Journal of Development Research. He consults to various international organisations such as UNIDO, UNCTAD, UNDP, ILO, World Bank and OECD.Pamela Mondliwa is a Senior Managing Consultant at Berkeley Research Group (BRG) and a Research Associate at the Centre for Competition, Regulation and Economic Development (CCRED), University of Johannesburg. She has worked across consulting, academia, and policy on issues related to competition, economic regulation, industrial development, and regional economic development. Pamela has provided research support to various government departments in South Africa as well as international organisations. She advises competition authorities and private clients on competition and economic regulation cases. Prior to joining BRG, she was a Senior Researcher at CCRED and an Economist at the Competition Commission of South Africa.Simon Roberts is a Professor of Economics at the University of Johannesburg, where he founded the Centre for Competition, Regulation and Economic Development (CCRED), and a visiting Professor at the UCL Institute for Innovation and Public Purpose. He has worked extensively on issues of industrial development, trade, regional and global value chains, competition, and economic regulation in Southern and East Africa, advising governments, competition authorities and regulators. He was an Economics Director at the UK Competition and Markets Authority (2019 to 2020) and Chief Economist at the Competition Commission of South Africa from 2006 to 2012.Fiona Tregenna holds the DSI/NRF South African Research Chair (SARChI) in Industrial Development and is a Professor of Economics at the University of Johannesburg. She has a Ph.D. in Economics from the University of Cambridge. Fiona is a part-time Member of the Competition Tribunal where she adjudicates competition (anti-trust) cases, and serves on a number of boards, advisory panels and councils, including the Presidential Economic Advisory Council. She consults to various research institutes and international organisations such as UNIDO, UNCTAD and the ILO. Her primary research interest is in issues of structural change, deindustrialization, and industrial development.