South African economy: trails and possibilities
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cham
Palgrave Macmillan
[2024]
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| Edition: | 1st ed. 2024 |
| Series: | African histories and modernities
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xxiv, 208 Seiten Diagramme |
| ISBN: | 9783031541797 |
| ISSN: | 2634-5773 |
Staff View
MARC
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Contents 1 Introduction 1.1 Background 1.2 The South African Economy in a Historical Perspective 1.3 Economic Growth and Socio-economic Development 1.4 Scope ofthe Book References 2 Nature and Performance of the South African Economy 2.1 2.2 2.3 Introduction Theoretical and Empirical Perspectives The Evolution of South African EconomicStructure Since 1994 2.4 Economic Sectors 2.5 South African Economic Performance at Macro Level 2.6 Estimating the Performance of the South African Economy 2.6.1 Theoretical Review 2.6.2 Empirical Analysis 2.7 ARDL Results 2.8 Conclusion References 3 Socio-economic Transformation in South Africa 3.1 Introduction 1 1 3 6 13 17 21 21 23 26 27 33 35 35 38 41 47 48 51 51. xiii
XÎV CONTENTS Social and Economic Development 52 3.2.1 Access to Basic Services 52 3.2.2 The Economy 55 3.2.3 Access to Education 59 3.2.4 Healthcare Access 71 3.2.5 Poverty and Inequality 76 3.3 Explaining Socio-economicTransformation 77 3.3.1 The Policies 77 3.3.2 State, Property Relations and Social Transformation 85 3.4 Conclusion 86 References 86 3.2 4 Macroeconomic Resilience: South Africa and Selected Emerging Market Economies 89 4.1 Introduction 89 4.2 Literature Review 90 4.2.1 Data Collection, Sources and Variables 91 4.2.2 Emerging Countries’Macroeconomic Performance 92 4.2.3 Country Case Studies 94 4.2.4 Impulse Response Analysis 113 4.3 Conclusion 117 References 118 5 Government and the Market: State-Owned Enterprises in South Africa 123 5.1 Introduction 123 5.2 Background 124 5.3 History and Rationale of State-Owned Enterprises 126 5.4 Performance ofState-Owned Enterprises in the Post-1994 Era 127 5.5 Pinancial, Governance and Operational Challenges at State-Owned Enterprises 128 5.5.1 Eskom 128 5.5.2 Transnet 129 5.5.3 South African Airways 130 5.6 Privatisation Versus Nationalisation 130 5.7 Theories on the Role of Government in the Economy 132 5.7.1 Classical Economic Liberalism 132 5.7.2 Market Failure and the Need for Government Intervention 133
CONTENTS 5.8 Economie Impact ofState-Owned Enterprises on the Economy 5.9 The Impact of SOEs on Growth 5.10 Descriptive Statistics 5.11 Conclusion References XV 134 135 136 139 139 6 Searching for an Equilibrium: Balancing Economic Development and Market Efficiency 143 6.1 Introduction 143 6.2 Theoretical Foundations of Government Intervention 144 6.2.1 Market Failures Theory 144 6.2.2 Government Failures Theory 145 6.3 Empirical Studies on Government Intervention and Economic Development 146 6.4 Country Case Studies 149 6.4.1 Brazil 149 6.4.2 Malaysia 151 6.4.3 Poland 152 6.4.4 Nigeria 155 6.4.5 South Africa 155 6.5 Examplesfrom High Intervention Economies 158 6.5.1 Venezuela 158 6.6 Analysis of Low Intervention Economies 160 6.6.1 Singapore 160 6.7 Lessons from Different Approaches 160 6.8 Identifying Optimal Government Intervention for Economic Development 161 6.8.1 Unit Root Tests 162 6.8.2 Cointegration Test 163 6.9 Optimal Size of Government on South African Economy 165 6.10 Conclusion 166 References 166 7 The Institutional Architecture: Reorganising Government for Better Socio-economic Development 171 7.1 Introduction 171 7.2 Public Sector Reforms 172
xvi 8 CONTENTS 7.3 Planning, in a Comparative Context 7.4 Social anil Economic Transformation 7.5 Why Have Development Outcomes Not Improved ? 7.6 Government’s Role in Socio-economic Development 7.7 Conclusion References 175 180 183 184 188 188 Conclusion 8.1 Introduction 8.2 Economic Policies 8.3 Synthesis 8.4 Towards an Economic Policy for South Africa 8.5 Conclusion References 191 191 192 198 201 202 203 Index 205 |
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| id | DE-604.BV049868961 |
| illustrated | Not Illustrated |
| indexdate | 2025-02-17T11:02:45Z |
| institution | BVB |
| isbn | 9783031541797 |
| issn | 2634-5773 |
| language | English |
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| physical | xxiv, 208 Seiten Diagramme |
| publishDate | 2024 |
| publishDateSearch | 2024 |
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| publisher | Palgrave Macmillan |
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| series2 | African histories and modernities |
| spelling | Gumede, Vusi Verfasser (DE-588)1110992335 aut South African economy trails and possibilities Vusi Gumede, Santos Bila, Mduduzi Biyase, Shonisani Chauke, Sodiq Arogundade Cham Palgrave Macmillan [2024] xxiv, 208 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier African histories and modernities 2634-5773 Africa, Sub-Saharan History Africa History Economic history Africa Economic conditions Africa Politics and government Bila, Santos Verfasser (DE-588)127530446X aut Biyase, Mduduzi Verfasser (DE-588)1283229358 aut Chauke, Shonisani Verfasser (DE-588)1346823103 aut Arogundade, Sodiq Verfasser (DE-588)1346823154 aut Erscheint auch als Online-Ausgabe 978-3-031-54180-3 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035208478&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Gumede, Vusi Bila, Santos Biyase, Mduduzi Chauke, Shonisani Arogundade, Sodiq South African economy trails and possibilities Africa, Sub-Saharan History Africa History Economic history Africa Economic conditions Africa Politics and government |
| title | South African economy trails and possibilities |
| title_auth | South African economy trails and possibilities |
| title_exact_search | South African economy trails and possibilities |
| title_full | South African economy trails and possibilities Vusi Gumede, Santos Bila, Mduduzi Biyase, Shonisani Chauke, Sodiq Arogundade |
| title_fullStr | South African economy trails and possibilities Vusi Gumede, Santos Bila, Mduduzi Biyase, Shonisani Chauke, Sodiq Arogundade |
| title_full_unstemmed | South African economy trails and possibilities Vusi Gumede, Santos Bila, Mduduzi Biyase, Shonisani Chauke, Sodiq Arogundade |
| title_short | South African economy |
| title_sort | south african economy trails and possibilities |
| title_sub | trails and possibilities |
| topic | Africa, Sub-Saharan History Africa History Economic history Africa Economic conditions Africa Politics and government |
| topic_facet | Africa, Sub-Saharan History Africa History Economic history Africa Economic conditions Africa Politics and government |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035208478&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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