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Structural Transformation In South Africa
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Book Synopsis Structural Transformation in South Africa by : Antonio Andreoni
Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
Book Synopsis Structural Transformation in South Africa by : Antonio Andreoni
Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021-07-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.
Book Synopsis Structural change, fundamentals, and growth : a framework and case studies by : McMillan, Margaret
Download or read book Structural change, fundamentals, and growth : a framework and case studies written by McMillan, Margaret and published by Intl Food Policy Res Inst. This book was released on 2017-05-11 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Industries Without Smokestacks by : Richard S. Newfarmer
Download or read book Industries Without Smokestacks written by Richard S. Newfarmer and published by Oxford University Press. This book was released on 2018 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)
Book Synopsis Structural Transformation in South Africa by : Antonio Andreoni
Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration, and highly internationalized economy, as well as the objective of black economic empowerment. The book links these micro-meso dynamics to the global forces driving economic, institutional, and social change. These include digital industrialization, global value-chain consolidation, financialization, and environmental and other sustainability challenges which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape--and, in some cases, are shaped by--a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies"--Publisher's description
Book Synopsis Structural Transformation and Economic Development by : Banji Oyelaran-Oyeyinka
Download or read book Structural Transformation and Economic Development written by Banji Oyelaran-Oyeyinka and published by Taylor & Francis. This book was released on 2016-09-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines long-term structural changes and the broad impact on economic development in regional comparative perspectives. The book analyzes data across Africa, Asia and Latin America. It looks at key variables of productivity growth, industrialization, poverty, urbanization, and employment. This book is concerned with understanding structural change dynamics and how it affects job creation, living standards, and the efficiency of productive cities through manufacturing productivity growth that benefits majority of citizens. With empirical evidence from a selected number of developing countries including China, India, Brazil, Nigeria and South Africa, the book attempts to present the considerable structural changes of these countries over the last few decades. It highlights that growth without the expected job creation is one of the distinct features of growth in emerging and developing countries. It suggests that countries may well record economic growth, whether through within sector productivity increase or through structural change, but this may not necessarily lead to employment, an important concern for long-term development.
Book Synopsis Structural Transformation and Rural Change Revisited by : Bruno Losch
Download or read book Structural Transformation and Rural Change Revisited written by Bruno Losch and published by World Bank Publications. This book was released on 2012-06-18 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on new evidence from in-depth field surveys, this book addresses the unique situation of countries that remain deeply engaged in agriculture, and proposes a set of policy orientations which could facilitate the process of rural change.
Book Synopsis Governance for Structural Transformation in Africa by : Adam B. Elhiraika
Download or read book Governance for Structural Transformation in Africa written by Adam B. Elhiraika and published by Springer. This book was released on 2019-02-13 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how better governance can help Africa to achieve structural transformation (understood to be the reallocation of factors of production across and within sectors to better support inclusive development), which history has shown to be key to sustained, inclusive growth. The book begins with a review of the existing literature on the links between governance and structural transformation and the success or otherwise of various sub regions in achieving structural transformation. It continues with a range of contributors addressing original empirical research on the relationships between different approaches to institutions and trade and industrial policies and structural transformation in Africa. The book makes recommendations for a new approach to governance in Africa that can deliver the structural transformation that the continent needs for Africans to enjoy shared prosperity, poverty reduction and development.
Book Synopsis Africa in Transformation by : Carlos Lopes
Download or read book Africa in Transformation written by Carlos Lopes and published by Springer. This book was released on 2018-11-19 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Lopes brings his rigour, insight, and experience to this timely new book, presenting a compelling rethink of traditional development models in Africa and the need to seize on transformational change to build a sustainable future for the continent." —Kofi Annan, former United Nations Secretary General “Some readers will enjoy Lopes’ eclectic brilliance and breath-taking culture. Others will salute his ability to bring compelling new angles to every topic. Everyone will be impressed with his craftsmanship, his rich and multi-faceted approach to development, and his high ethical standards. It is impossible to read this jewel book and not feel smarter.” —Célestin Monga, African Development Bank’s Vice President and Chief Economist “Drawing on his distinguished academic career, policy experience at the highest level, and deep love of the continent, Lopes provides a visionary analysis of Africa's current problems and future prospects. This book provides a highly unusual combination of intellectualism and hard-nosed pragmatism. A singular achievement.” —Ha-Joon Chang, University of Cambridge, UK “Thorough, thought-provoking, and beyond rhetoric: definitely a must-read for anyone who wants to understand Africa’s present and future.” —Enrico Letta, former Prime Minister of Italy, Dean of the Paris School of International Affairs, Sciences Po, France Lopes delivers an overview of the critical development issues facing the African continent today. He offers readers a blueprint of policies to address issues, and an intense, heartfelt meditation on the meaning of economic development in the age of democratic doubts, identity crises, global fears and threatening issues of sustainability.
Book Synopsis Light Manufacturing in Africa by : Hinh T. Dinh
Download or read book Light Manufacturing in Africa written by Hinh T. Dinh and published by World Bank Publications. This book was released on 2012-02-23 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that light manufacturing can offer a viable solution for Sub-Saharan Africa, given potential competitiveness based on low wage costs and an abundance of natural resources that supply raw materials needed for industries.
Book Synopsis Greening the South African Economy by : Mark Swilling
Download or read book Greening the South African Economy written by Mark Swilling and published by Juta and Company (Pty) Ltd. This book was released on 2016-02-23 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: The depletion of South Africa’s (and in some cases the world’s) natural resources and the degradation of environmental sinks (including the atmosphere, lakes and rivers, and land) are continuing at such a rate that natural resource prices are climbing and many critical ecosystem services that underpin human welfare are increasingly threatened. The concept of the ‘green economy’ has gained increasing traction in South African policy discourses over the past few years. However, in much of this discourse it is viewed in a piecemeal way as one part or sector of the economy (e.g. an industrial sector dealing with manufacture and installation of renewable energy technologies and energy-efficient equipment and appliances). In the view of the authors, ‘greening the South African economy’ requires an application of sustainability principles and practices across the full range of primary, secondary and tertiary sectors of the economy in an integrated manner. The aim of this book is therefore to apply principles of sustainability and ‘green economics’ to the entire South African socio-economic system and its major elements in an integrated and comprehensive manner.
Book Synopsis Structural Change in Africa by : Carlos Lopes
Download or read book Structural Change in Africa written by Carlos Lopes and published by Routledge. This book was released on 2019-06-25 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debates on African development continue to downplay the achievement of the continent: economic achievements are diminished and the perception of a conflict prone continent continues. Many of the policy prescriptions externally imposed on African countries have done little to transform the continent largely because they have been conceived and applied without context. Using literature from diverse origins, this book expands our knowledge about Africa and makes practical suggestions as to how successful development in a complex, yet dynamic continent can be achieved. Widening the policy dialogue and providing alternative thinking on the key elements and full extent of opportunities and challenges towards achieving the socio-economic transformation of Africa, the book moves the debate from the rhetoric to reality. As a considered reflection on the ‘Africa’s transformation’ narrative, it outlines the practical pathways necessary for Africa’s sustainable development, providing policy makers and researchers with tested solutions. It will be of interest to all scholars, students and policy professionals working in African development, public policy, international political economy, economic policy and politics.
Book Synopsis China-Africa and an Economic Transformation by : Arkebe Oqubay
Download or read book China-Africa and an Economic Transformation written by Arkebe Oqubay and published by Oxford University Press. This book was released on 2019 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume considers China-Africa relations in the context of a global division of labour and power, and through the history and experiences of both China and Africa. It examines the core ideas of structural transformation, productive investment and industrialization, international trade, infrastructure development, and financing.
Book Synopsis Resurgent Africa by : Banji Oyelaran-Oyeyinka
Download or read book Resurgent Africa written by Banji Oyelaran-Oyeyinka and published by Anthem Press. This book was released on 2020-03-31 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Resurgent Africa: Structural Transformation in Sustainable Development’ is a study of structural change dynamics in Africa and its effect on job creation, living standards and the efficiency of productive cities through manufacturing productivity growth that benefit the majority. Empirical data from selected African countries, including Nigeria, Ghana, South Africa, Kenya, Rwanda and Ethiopia, provides in-depth analysis and knowledge of the continent’s diversified economies by establishing relationships between industrialization trends; rates of urbanization; and urban living standards, income growth and employment in Africa. The findings reveal unconventional pathways of structural change, patterns of jobless growth suggesting economic growth that does not necessarily lead to employment, dominance of services at the expense of manufacturing industry explaining the regress in Africa’s industrial sector and occurrence of structural transformation without improvement in labour productivity. These are important concerns for Africa’s long-term development leading to the conclusion that sustainable urbanization and industrialization are not only closely connected but also key drivers of economic change. The book includes recommendations for policymakers to adopt a new approach to development for a resurgent Africa.
Book Synopsis Business Cycles and Structural Change in South Africa by : Willem H. Boshoff
Download or read book Business Cycles and Structural Change in South Africa written by Willem H. Boshoff and published by Springer Nature. This book was released on 2020-04-20 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle.
Book Synopsis The Evolving Structure of South Africa’s Economy by : Seeraj Mohamed
Download or read book The Evolving Structure of South Africa’s Economy written by Seeraj Mohamed and published by African Books Collective. This book was released on 2024-01-23 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa still faces low economic growth and high unemployment, coupled with the persistent challenges of poverty and inequality. These exert pressure on South Africa to foster structural transformation that will facilitate a more inclusive and resilient economy. Authors apply multiple theoretical and empirical perspectives to take stock of the historical and contemporary structure of the South African economy, its evolving nature and possible future pathways. The explore how South Africa's structural transformation agenda is affected by the global context, and discuss debates on the extreme social impacts of globalised and financialised economic structures. Contributors offer technical and analytical discussions of the overlapping structural faultlines that produce uneven economic performance. They explain the changes and continuities of South Africa's economic structure, bound by an analytical thread that centres power relations and political settlements. Varied chapters explain how poor governance and corruption have slowed down structural reform. This has been further exacerbated by the inconsistent availability of energy and the deterioration of logistics. The book details the structural reforms and policy regimes necessary for increasing productive capacity in South Africa's agriculture, manufacturing, agro-processing. retail and services, energy and mining industries. It also reflects on the role that micro- and informal enterprises can play if afforded the necessary support. The technical details and analyses in the book highlight the need for a radical review of macroeconomic policy to reduce the country's chronic vulnerability to poverty and inequality.
Book Synopsis Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa by : Nombulelo Gumata
Download or read book Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa written by Nombulelo Gumata and published by Springer Nature. This book was released on 2020-01-03 with total page 687 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching goal of South Africa’s National Development Plan (NDP) is to eliminate poverty, reduce inequality, lower unemployment and increase the labour participation.This book contributes to academic and policy efforts to achieve these NDP goals. We establish that the coal, metal ores and the platinum group commodity sectors will underpin the mining as a “sunrise” industry. The export-led growth strategy is necessary for intensive employment creation but must be complemented by other micro, macroeconomic and industrial policies. A strategy of minerals beneficiation is important for intensive employment creation. Accelerated land reform is a supply side or structural reform policy intervention tool aimed at increasing potential output, changing ownership patterns in the economy, increasing entrepreneurship, labour absorption, economic inclusion and lowering income inequality. Evidence shows that the balance sheet channel, commodity price booms and busts are intricately linked with the exchange rate dynamics, policy uncertainty, confidence and the effects of droughts (also symptoms of climate change). Productivity and investment growth shocks matter for output, employment and price stability. Evidence indicates that nominal GDP growth above 10 percent and keeping inflation within the target band leads to significant increase in employment and decline in unemployment, without inflationary pressures, especially when inflation is below 4.5 percent. To operationalise the NDP targets, align and co-ordinate policies, the South African Reserve Bank (SARB) mandate can be expanded to include maximum employment. This must be complemented by lowering the inflation target band, adjusting the financial regulatory, macro-prudential and monetary policy frameworks. This will enhance the conduct and credibility of monetary and financial stability policies to achieve the set objectives. These objectives make policy co-ordination pertinent and binding.
