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Economic Policy in South Africa: Past Present and Future

Author

Listed:
  • Haroon Bhorat
  • Alan Hirsch
  • Ravi Kanbur
  • Mthuli Ncube

    (Development Policy Research Unit
    Director and Professor)

Abstract
As the 20th anniversary of the transition to democracy approaches in 2014, the economic policy debates in South Africa are in full flow. The forthcoming Oxford Companion to the Economics of South Africa contributes to the policy and analytical debate by drawing together perspectives on a range of issues – micro, macro, sectoral, country wide and global – from leading economists working on South Africa.

Suggested Citation

  • Haroon Bhorat & Alan Hirsch & Ravi Kanbur & Mthuli Ncube, 2014. "Economic Policy in South Africa: Past Present and Future," Working Papers 201401, University of Cape Town, Development Policy Research Unit.
    • Handle: RePEc:ctw:wpaper:201401
    as

    Download full text from publisher

    File URL: https://commerce.uct.ac.za/sites/default/files/content_migration/commerce_uct_ac_za/1093/files/DPRU%2520WP201401.pdf
    File Function: First version, 2014
    Download Restriction: no
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    References listed on IDEAS

    as
    1. Haroon Bhorat & Carlene Van Der Westhuizen, 2012. "Poverty, Inequality and the Nature of Economic Growth in South Africa," Working Papers 12151, University of Cape Town, Development Policy Research Unit.
    2. repec:fth:oxesaf:2001-7 is not listed on IDEAS
    3. By Gunnar Jonsson & Arvind Subramanian, 2001. "Dynamic Gains from Trade: Evidence from South Africa," IMF Staff Papers, Palgrave Macmillan, vol. 48(1), pages 1-8.
    4. Neil A. Rankin & Gareth Roberts, 2011. "Youth Unemployment, Firm Size And Reservation Wages In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 79(2), pages 128-145, June.
    5. Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications - Books, The World Bank Group, number 6507.
    6. Aron, Janine & Muellbauer, John & Murphy, Anthony, 2006. "Housing wealth, credit conditions and consumption," MPRA Paper 24485, University Library of Munich, Germany.
    7. Murray Leibbrandt & Laura Poswell & Pranushka & Matthew Welch & Ingrid Woolard, 2004. "Measuring recent changes in South African inequality and poverty using 1996 and 2001 census data," SALDRU/CSSR Working Papers 084, Southern Africa Labour and Development Research Unit, University of Cape Town.
    8. Lawrence Edwards & Robert Lawrence, 2008. "South African trade policy matters Trade performance and trade policy," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 16(4), pages 585-608, October.
    9. Mthuli Ncube & Eliphas Ndou, 2013. "Monetary Policy and the Economy in South Africa," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-33415-2, March.
    10. Mthuli Ncube & Eliphas Ndou, 2013. "Monetary Policy Transmission, House Prices and Consumption," Palgrave Macmillan Books, in: Monetary Policy and the Economy in South Africa, chapter 4, pages 43-64, Palgrave Macmillan.
    11. Bhorat, Haroon & Hirsch, Alan & Kanbur, Ravi & Ncube, Mthuli, 2014. "Economic Policy in South Africa: Past, Present, and Future," Working Papers 180150, Cornell University, Department of Applied Economics and Management.
    12. Janine Aron & John Muellbauer, 2002. "Estimating Monetary Policy Rules for South Africa," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.),Monetary Policy: Rules and Transmission Mechanisms, edition 1, volume 4, chapter 15, pages 427-476, Central Bank of Chile.
    13. Haroon Bhorat & Carlene van der Westhuizen, 2009. "A Synthesis of Current Issues in the Labour Regulatory Environment," Working Papers 09136, University of Cape Town, Development Policy Research Unit.
    14. repec:arz:wpaper:eres2007-257 is not listed on IDEAS
    15. Haroon Bhorat & Ravi Kanbur & Benjamin Stanwix, 2014. "Estimating the Impact of Minimum Wages on Employment, Wages, and Non-Wage Benefits: The Case of Agriculture in South Africa," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(5), pages 1402-1419.
    16. Murray Leibbrandt & Arden Finn & Ingrid Woolard, 2012. "Describing and decomposing post-apartheid income inequality in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 29(1), pages 19-34, March.
    17. Caroline Skinner, 2008. "The struggle for the streets: processes of exclusion and inclusion of street traders in Durban, South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 25(2), pages 227-242.
    18. Murray Leibbrandt & Ingrid Woolard & Arden Finn & Jonathan Argent, 2010. "Trends in South African Income Distribution and Poverty since the Fall of Apartheid," OECD Social, Employment and Migration Working Papers 101, OECD Publishing.
    19. Janine Aron & John Muellbauer, 2002. "Estimating Monetary Policy Rules for South Africa," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.), Monetary Policy: Rules and Transmission Mechanisms, edition 1, volume 4, chapter 15, pages 427-476 Central Bank of Chile.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Stanley Sharaunga, 2019. "The Effectiveness of Women's Skills Development to Household Poverty Reduction: The Case of Msinga Rural Areas," Poverty & Public Policy, John Wiley & Sons, vol. 11(1-2), pages 73-98, July.
    2. Etienne Nel & Christian M Rogerson, 2016. "The contested trajectory of applied local economic development in South Africa," Local Economy, London South Bank University, vol. 31(1-2), pages 109-123, February.
    3. Bhorat, Haroon & Cassim, Aalia & Hirsch, Alan, 2014. "Policy co-ordination and growth traps in a middle-income country setting: The case of South Africa," WIDER Working Paper Series 155, World Institute for Development Economic Research (UNU-WIDER).
    4. Pooe T. K., 2019. "Law and Economic Development in South Africa: An Assessment through the General Theory of Law and Development," The Law and Development Review, De Gruyter, vol. 12(2), pages 377-401, June.
    5. Christian M Rogerson & Etienne Nel, 2016. "Planning for local economic development in spaces of despair: Key trends in South Africa’s ‘distressed areas’," Local Economy, London South Bank University, vol. 31(1-2), pages 124-141, February.
    6. Campos, Eduardo Lima & Cysne, Rubens Penha, 2021. "Estimating debt limits for emerging countries," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 836-855.
    7. Lucilla Maria Bruni & Jamele Rigolini & Sara Troiano, 2016. "Forever Young?," World Bank Publications - Reports 24996, The World Bank Group.
    8. Lutho Mbekeni & Andrew Phiri, 2019. "Can the South African Reserve Bank (SARB) protect the purchasing power of citizens? A new look at Fisher’s hypothesis," Working Papers 1906, Department of Economics, Nelson Mandela University, revised Sep 2019.
    9. Bhorat, Haroon & Hirsch, Alan & Kanbur, Ravi & Ncube, Mthuli, 2014. "Economic Policy in South Africa: Past, Present, and Future," Working Papers 180150, Cornell University, Department of Applied Economics and Management.

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    More about this item

    Keywords

    South Africa; Economic Growth; Macroeconomic Policy; Structural Transformation; Poverty; Inequality; Unemployment; Public Services;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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