FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2014196452> ?p ?o ?g. }

• W2014196452 endingPage "35" @default.
• W2014196452 startingPage "4" @default.
• W2014196452 abstract "Patterns of industrial performance in South Africa in the first decade of democracy:the continued influence of minerals-based activities Simon Robertsrobertss@sebs.wits.ac.za Abstract Despite major restructuring of industry in South Africa under trade liberalisation, a review of sectoral patterns of development reveals strong elements of continuity. The article explores these patterns, and focuses on two main themes. The first is whether and what diversification has occurred within manufacturing industry in the context of trade liberalisation. The second is the continued significance of minerals-based activities. Against the record in each of these areas it is argued that industrial policy since 1994 has largely failed to come to terms with the key structural challenges of South African manufacturing industry. Introduction South Africa has attained moderate growth rates in recent years, but its performance has not been particularly good by comparison with similar middle-income developing countries. Above all, the growth rates have been achieved with very low investment and employment rates. In terms of simple growth accounting, GDP growth has therefore by definition been due to increased productivity. In terms of the major sectoral groupings of the economy, employment has fallen sharply in agriculture and mining, while it has increased in services. Manufacturing has maintained its share of employment in terms of numbers of employees (that is, excluding the self-employed and also domestic workers) at 17 per cent (Bannerjee et al 2006).1 And, much of the growth in employment in finance and business services [End Page 4] is in the business services component which includes the booming private security sector and outsourced cleaning services.2 My review of economic performance starts from the premise, accepted in the government's Accelerated and Shared Growth Initiative for South Africa (ASGISA), that manufacturing industry is central to South Africa's development trajectory. How to encourage growth of diversified manufacturing has been the focus of several of the papers produced in 2006 for the South African Treasury by the team of economists convened by Harvard's Centre for International Development (see Rodrik 2006, Hausman and Klinger 2006a, Edwards and Lawrence 2006). The overall performance of South African manufacturing industry in the first decade of democracy reflects the complex and far-reaching restructuring of the South African economy, during which industries have responded to trade liberalisation and increasing international integration of the South Africa economy. At the same time, the tightening of macro-economic policy to reduce the government budget deficit, and higher interest rates aimed at reducing inflation, has meant weak domestic demand and investment remaining at very low levels. I review the sectoral patterns of development to assess to what extent there has been diversification and why, critically assessing recent arguments with regard to trade liberalisation and international competitiveness. Industrial policy in the past decade has been broadly focused on 'competitiveness', with cross-cutting measures to encourage investment, technological improvements and exports, and to support small, medium and micro enterprises. A raft of incentive programmes were developed which can be described as functional and supply-side in that they rewarded firms for certain behaviour with regard to investment, technology and skills. Together with trade liberalisation, the expectation was that these measures would counteract the apartheid government's support for large-scale capital-intensive industries which, together with protection, led to poor productivity and competitiveness (see Hanival and Hirsch 1998, Joffe et al 1995). The focus on undoing the misdirected and interventionist policies of the apartheid government meant the democratic government shrank from targeting specific industries or from significantly altering incentives (beyond that of liberalisation) to create dynamic comparative advantages or to 'govern' the market (Amsden 1989, Wade 1990). The South African policy stance thus largely accepted the importance of 'government failure' which characterised the World Bank's interpretation of the East Asian countries' [End Page 5] industrialisation (World Bank 1993). The South African approach was avowedly market-friendly, 'following' the private sector and emphasising 'business confidence' as the key to increased investment and growth. The 'Integrated Manufacturing Strategy' (DTI 2002) represented a change in portrayal to an extent, with scope for 'customised sector programmes' for different industries. The first customised sector programmes were only approved in 2006, and..." @default.
• W2014196452 created "2016-06-24" @default.
• W2014196452 creator A5007765528 @default.
• W2014196452 date "2008-01-01" @default.
• W2014196452 modified "2023-10-10" @default.
• W2014196452 title "Patterns of industrial performance in South Africa in the first decade of democracy: the continued influence of minerals-based activities" @default.
• W2014196452 cites W1495955740 @default.
• W2014196452 cites W1501311337 @default.
• W2014196452 cites W1539050520 @default.
• W2014196452 cites W156489539 @default.
• W2014196452 cites W1574946700 @default.
• W2014196452 cites W1607994436 @default.
• W2014196452 cites W1957437554 @default.
• W2014196452 cites W1966265376 @default.
• W2014196452 cites W1977306592 @default.
• W2014196452 cites W1994539481 @default.
• W2014196452 cites W1997608342 @default.
• W2014196452 cites W2003624545 @default.
• W2014196452 cites W2005888056 @default.
• W2014196452 cites W2017802748 @default.
• W2014196452 cites W2018140113 @default.
• W2014196452 cites W2045097561 @default.
• W2014196452 cites W2091944424 @default.
• W2014196452 cites W2114239885 @default.
• W2014196452 cites W2114843226 @default.
• W2014196452 cites W2115047072 @default.
• W2014196452 cites W2125545242 @default.
• W2014196452 cites W2141717347 @default.
• W2014196452 cites W2149037416 @default.
• W2014196452 cites W2156304051 @default.
• W2014196452 cites W3023721815 @default.
• W2014196452 cites W3024311712 @default.
• W2014196452 cites W3125070893 @default.
• W2014196452 cites W3152152467 @default.
• W2014196452 cites W610741657 @default.
• W2014196452 cites W74794663 @default.
• W2014196452 cites W3124744803 @default.
• W2014196452 doi "https://doi.org/10.1353/trn.2008.0014" @default.
• W2014196452 hasPublicationYear "2008" @default.
• W2014196452 type Work @default.
• W2014196452 sameAs 2014196452 @default.
• W2014196452 citedByCount "14" @default.
• W2014196452 countsByYear W20141964522012 @default.
• W2014196452 countsByYear W20141964522014 @default.
• W2014196452 countsByYear W20141964522015 @default.
• W2014196452 countsByYear W20141964522016 @default.
• W2014196452 countsByYear W20141964522017 @default.
• W2014196452 countsByYear W20141964522021 @default.
• W2014196452 countsByYear W20141964522022 @default.
• W2014196452 crossrefType "journal-article" @default.
• W2014196452 hasAuthorship W2014196452A5007765528 @default.
• W2014196452 hasConcept C10138342 @default.
• W2014196452 hasConcept C118518473 @default.
• W2014196452 hasConcept C139719470 @default.
• W2014196452 hasConcept C144133560 @default.
• W2014196452 hasConcept C162324750 @default.
• W2014196452 hasConcept C162853370 @default.
• W2014196452 hasConcept C166957645 @default.
• W2014196452 hasConcept C17744445 @default.
• W2014196452 hasConcept C180916674 @default.
• W2014196452 hasConcept C199539241 @default.
• W2014196452 hasConcept C204983608 @default.
• W2014196452 hasConcept C205649164 @default.
• W2014196452 hasConcept C2779343474 @default.
• W2014196452 hasConcept C33842695 @default.
• W2014196452 hasConcept C34447519 @default.
• W2014196452 hasConcept C45237549 @default.
• W2014196452 hasConcept C47768531 @default.
• W2014196452 hasConcept C50522688 @default.
• W2014196452 hasConcept C555826173 @default.
• W2014196452 hasConcept C58823610 @default.
• W2014196452 hasConcept C94625758 @default.
• W2014196452 hasConceptScore W2014196452C10138342 @default.
• W2014196452 hasConceptScore W2014196452C118518473 @default.
• W2014196452 hasConceptScore W2014196452C139719470 @default.
• W2014196452 hasConceptScore W2014196452C144133560 @default.
• W2014196452 hasConceptScore W2014196452C162324750 @default.
• W2014196452 hasConceptScore W2014196452C162853370 @default.
• W2014196452 hasConceptScore W2014196452C166957645 @default.
• W2014196452 hasConceptScore W2014196452C17744445 @default.
• W2014196452 hasConceptScore W2014196452C180916674 @default.
• W2014196452 hasConceptScore W2014196452C199539241 @default.
• W2014196452 hasConceptScore W2014196452C204983608 @default.
• W2014196452 hasConceptScore W2014196452C205649164 @default.
• W2014196452 hasConceptScore W2014196452C2779343474 @default.
• W2014196452 hasConceptScore W2014196452C33842695 @default.
• W2014196452 hasConceptScore W2014196452C34447519 @default.
• W2014196452 hasConceptScore W2014196452C45237549 @default.
• W2014196452 hasConceptScore W2014196452C47768531 @default.
• W2014196452 hasConceptScore W2014196452C50522688 @default.
• W2014196452 hasConceptScore W2014196452C555826173 @default.
• W2014196452 hasConceptScore W2014196452C58823610 @default.
• W2014196452 hasConceptScore W2014196452C94625758 @default.
• W2014196452 hasIssue "1" @default.
• W2014196452 hasLocation W20141964521 @default.
• W2014196452 hasOpenAccess W2014196452 @default.
• W2014196452 hasPrimaryLocation W20141964521 @default.
• W2014196452 hasRelatedWork W1506264906 @default.

• next