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While sharing some characteristics with other middle-income countries, South Africa is a country with a unique economic history and distinctive economic features. It is a regional economic powerhouse that plays a significant role, not only in southern Africa and in the continent, but also as a member of BRICS. However, there has been a lack of structural transformation and weak economic growth, and South Africa faces the profound triple challenges of poverty, inequality, and unemployment. Any meaningful debate about economic policies to address these challenges needs to be informed by a deep understanding of historical developments, robust empirical evidence, and rigorous analysis of South Africa's complex economic landscape. This volume seeks to provide a wide-ranging set of original, detailed, and state-of-the-art analytical perspectives that contribute to scientific knowledge as well as to well-informed and productive discourse on the South African economy. While concentrating on the more recent economic issues facing South Africa, the handbook also provides historical and political context. It offers an in-depth examination of strategic issues in the country's key economic sectors, and brings together diverse analytical perspectives.
This volume investigates the structural impediments to economic growth in South Africa and evaluates the policy frameworks necessary to address the persistent challenges of poverty, inequality, and unemployment. The contributors, comprising a diverse group of economists and researchers, utilize historical data and empirical analysis to dissect the country's unique position as a regional powerhouse and a member of BRICS. The text serves as a comprehensive analytical resource intended to inform productive discourse on the nation's complex economic landscape.
What You Will Find
Scope Limits
Experts and academics regard this volume as a foundational reference for understanding the complexities of the South African economy. Readers frequently note the academic density of the prose, which makes it a primary resource for researchers and policy analysts in the field of development economics.
Page Count:
1143
Publication Date:
2021-01-01
Publisher:
OUP Oxford
ISBN-10:
0192646583
ISBN-13:
9780192646583
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