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Linkages in South African Economic Development

How can South Africa diversify its industrial sector so that it is less dependent on mineral exports, increases labour absorption and reduces unemployment? This book sheds more light on the structure of South Africa’s economy, its industrial sector and inter-sectoral linkages by simulating an economic geography model of the vertical linkages type, by testing linkage strength econometrically and by analysing industrial policy’s role in shaping its development path. It finds that linkages did play an important role in industrial development in South Africa, yet they have often been reinforced by policy interventions. Industrial policy is still geared to benefit the sectors close to the country’s mineral endowment, and thus contributes to South Africa‘s lopsided industrial development.

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Detail Information
Series Title
-
Call Number
650
Publisher
: .,
Collation
-
Language
English
ISBN/ISSN
9783631587010
Classification
650
Content Type
-
Media Type
computer
Carrier Type
-
Edition
-
Subject(s)
Business & Economics
Specific Detail Info
-
Statement of Responsibility
Other Information
Cataloger
rat
Source
https://openresearchlibrary.org/content/06500f5c-6a58-4b7b-bf5a-4ecf6b76d5e1
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No other version available

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  • Linkages in South African Economic Development
    How can South Africa diversify its industrial sector so that it is less dependent on mineral exports, increases labour absorption and reduces unemployment? This book sheds more light on the structure of South Africa’s economy, its industrial sector and inter-sectoral linkages by simulating an economic geography model of the vertical linkages type, by testing linkage strength econometrically and by analysing industrial policy’s role in shaping its development path. It finds that linkages did play an important role in industrial development in South Africa, yet they have often been reinforced by policy interventions. Industrial policy is still geared to benefit the sectors close to the country’s mineral endowment, and thus contributes to South Africa‘s lopsided industrial development.
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