[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/rnd/arjebs/v8y2017i6p161-170.html
   My bibliography  Save this article

Black Economic Empowerment in South Africa: Challenges and Prospects

Author

Listed:
  • Elvin Shava
Abstract
The purpose of this paper is to assess if the Black Economic Empowerment act has brought new economic horizons for the historically disadvantaged South Africans, or it has contributed to further impoverishmentof the lower classes in communities. The paper based its argument on an extensive literature review which envisaged that, despite many years of its implementation, BEE has caused the emergence of classes resulting fromfraud and corruption, fronting, difficulties in registering status, political interference, and poor accountability strategies. The paper interrogates the implementation strategies of BEE in the local government context to assess whether historical imbalances have been addressed or not. The paper concludes that the government needs to revisit BEE as an economic empowerment policy to see whether it has benefited the black majority or not. The paper reiterates further that, BEE as a black economic emancipation blueprint requires proper implementation and alignment with other economic policies such as the National Development Plan to accelerate economic opportunities for the black majority. The paper recommends the government of South Africa through local municipalities to exercise monitoring and evaluation in the BEE procurement systems are prerequisites in safeguarding the manipulation and corrupt tendencies arising from the awarding of tenders in the local government.Key words: Black Economic Empowerment, South Africa, Challenges, Prospects

Suggested Citation

  • Elvin Shava, 2017. "Black Economic Empowerment in South Africa: Challenges and Prospects," Journal of Economics and Behavioral Studies, AMH International, vol. 8(6), pages 161-170.
    • Handle: RePEc:rnd:arjebs:v:8:y:2017:i:6:p:161-170
    DOI: 10.22610/jebs.v8i6(J).1490
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/jebs/article/view/1490/1351
    Download Restriction: no
    File URL: https://ojs.amhinternational.com/index.php/jebs/article/view/1490
    Download Restriction: no
    File URL: https://libkey.io/10.22610/jebs.v8i6(J).1490?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrews, Matthew, 2008. "Is Black Economic Empowerment a South African Growth Catalyst? (Or Could It Be...)," Working Paper Series rwp08-033, Harvard University, John F. Kennedy School of Government.
    2. Frances Stewart, "undated". "Horizontal Inequalities: A Neglected Dimension of Development," QEH Working Papers qehwps81, Queen Elizabeth House, University of Oxford.
    3. Matt Andrews, 2008. "Is Black Economic Empowerment a South African Growth Catalyst? (Or Could it Be...)," CID Working Papers 170, Center for International Development at Harvard University.
    4. William Easterly, 2002. "The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262550423, April.
    5. Steger, Manfred, 2009. "Globalization: A Very Short Introduction," OUP Catalogue, Oxford University Press, edition 2, number 9780199552269.
    6. Willem H. Boshoff, 2010. "The strategic implications of black empowerment in South Africa: a case study of boundary choice and client preferences in a small firm," Working Papers 07/2010, Stellenbosch University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Matt Andrews, 2013. "Going Beyond Heroic-Leaders in Development," CID Working Papers 261, Center for International Development at Harvard University.
    2. Andrews, Matt, 2013. "How Do Governments Get Great?," Working Paper Series rwp13-020, Harvard University, John F. Kennedy School of Government.
    3. Devarajan, Shantayanan & Khemani, Stuti & Walton, Michael, 2011. "Civil Society, Public Action and Accountability in Africa," Working Paper Series rwp11-036, Harvard University, John F. Kennedy School of Government.
    4. Matt Andrews, 2013. "Who Really Leads Development?," CID Working Papers 258, Center for International Development at Harvard University.
    5. Rachael Diprose, 2007. "Physical Safety and Security: A Proposal for Internationally Comparable Indicators of Violence," Oxford Development Studies, Taylor & Francis Journals, vol. 35(4), pages 431-458.
    6. Ricardo Hausmann & Tim O'Brien & Andres Fortunato & Alexia Lochmann & Kishan Shah & Lucila Venturi & Sheyla Enciso & Ekaterina Vashkinskaya & Ketan Ahuja & Bailey Klinger & Federico Sturzenegger & Mar, 2023. "Growth Through Inclusion in South Africa," Growth Lab Working Papers 222, Harvard's Growth Lab.
      • Ricardo Hausmann & Tim O'Brien & Andres Fortunato & Alexia Lochmann & Kishan Shah & Lucila Venturi & Sheyla Enciso & Ekaterina Vashkinskaya & Ketan Ahuja & Bailey Klinger & Federico Sturzenegger & Mar, 2023. "Growth Through Inclusion in South Africa," CID Working Papers 434, Center for International Development at Harvard University.
    7. Haroon Bhorat & Aalia Cassim & Alan Hirsch, 2014. "Policy Co-ordination and Growth Traps in a Middle-income Country Setting: The Case of South Africa," WIDER Working Paper Series wp-2014-155, World Institute for Development Economic Research (UNU-WIDER).
    8. McWalter, Thomas A. & Ritchken, Peter H., 2022. "Black economic empowerment regulation and risk incentives," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    9. Andrews, Matt, 2013. "Going beyond Heroic-Leaders in Development," Working Paper Series rwp13-021, Harvard University, John F. Kennedy School of Government.
    10. Lerato Shai & Comfort Molefinyana & Geo Quinot, 2019. "Public Procurement in the Context of Broad-Based Black Economic Empowerment (BBBEE) in South Africa—Lessons Learned for Sustainable Public Procurement," Sustainability, MDPI, vol. 11(24), pages 1-27, December.
    11. Matt Andrews, 2013. "How do Governments get Great?," CID Working Papers 260, Center for International Development at Harvard University.
    12. Arnim Langer, 2009. "Living with diversity: The peaceful management of horizontal inequalities in Ghana," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(4), pages 534-546.
    13. Zarsky, Lyuba, 2010. "Climate-Resilient Industrial Development Paths: Design Principles and Alternative Models," Working Papers 179080, Tufts University, Global Development and Environment Institute.
    14. Nancy Birdsall, 2008. "Income Distribution: Effects on Growth and Development," Chapters, in: Amitava Krishna Dutt & Jaime Ros (ed.), International Handbook of Development Economics, Volumes 1 & 2, volume 0, chapter 48, Edward Elgar Publishing.
    15. World Bank, 2005. "Conflict in Somalia : Drivers and Dynamics," World Bank Publications - Reports 8476, The World Bank Group.
    16. Rogers, Mark Llewellyn, 2008. "Directly unproductive schooling: How country characteristics affect the impact of schooling on growth," European Economic Review, Elsevier, vol. 52(2), pages 356-385, February.
    17. M. Arnone & A. F. Presbitero, 2007. "External Debt Sustainability and Domestic Debt in Heavily Indebted Poor Countries," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 115(2), pages 187-213.
    18. Arjan Lejour & Vladimir Solanic & Paul Tang, 2009. "EU Accession and Income Growth: An Empirical Approach," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 16(1), pages 127-144, May.
    19. Uwaifo Oyelere, Ruth, 2010. "Africa's education enigma? The Nigerian story," Journal of Development Economics, Elsevier, vol. 91(1), pages 128-139, January.
    20. Simone Bertoli & Elisa Ticci, 2012. "A Fragile Guideline to Development Assistance," Development Policy Review, Overseas Development Institute, vol. 30(2), pages 211-230, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arjebs:v:8:y:2017:i:6:p:161-170. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/jebs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.