The Evolving Structure of South Africa's Economy : Faultlines and Futures / edited by Seeraj Mohamed, Amuzweni Ngoma and Basani Baloyi.

Format:

Book

Author/Creator:

Ngoma

Contributor:

Mohamed, Seeraj, editor.

Ngoma, Amuzweni, editor.

Baloyi, Basani, editor.

Language:

English

Subjects (All):

Social sciences.

South Africa--Economic conditions.

South Africa.

Physical Description:

1 online resource (620 pages)

Edition:

First edition.

Place of Publication:

The Mapungubwe Institute for Strategic Reflection (MISTRA) 2023

Johannesburg, South Africa : Mapungubwe Institute for Strategic Reflection (MISTRA), [2023]

Summary:

"South Africa still faces low economic growth and high unemployment, coupled with the persistent challenges of poverty and inequality. These exert pressure on South Africa to foster structural transformation that will facilitate a more inclusive and resilient economy. The book details the structural reforms and policy regimes necessary for increasing productive capacity in South Africa's agriculture, manufacturing, agro-processing. retail and services, energy and mining industries. It also reflects on the role that micro- and informal enterprises can play if afforded the necessary support. The technical details and analyses in the book highlight the need for a radical review of macroeconomic policy to reduce the country's chronic vulnerability to poverty and inequality."--Publisher's description.

Contents:

Cover

Title page

Copyright page

Contents

Acknowledgements

Acronyms and abbreviations

Contributors

Preface

ONE - Introduction

PART 1: EVOLVING STRUCTURE OF THE SOUTH AFRICAN ECONOMY

PART 2: STRUCTURAL CHANGE AND SECTOR BALANCES

PART 3: GOVERNANCE, LABOUR AND LIVELIHOODS

REFERENCES

NOTES

Part One. Evolving Structure of the South African Economy

TWO - Locating industrial policy in developmental transformation: Lessons from the past, prospects for the future

INTRODUCTION

FROM DEFINITIONS OF INDUSTRIAL POLICY …

… TO THE DEVELOPMENTAL STATE

THE EVOLUTION OF THE DEVELOPMENTAL STATE PARADIGM

FINANCIALISATION AND ECONOMIC STRUCTURE

FINANCIAL LIBERALISATION AFTER THE BRETTON WOODS PERIOD

CORPORATE RESTRUCTURING, VALUE CHAINS AND FINANCIALISATION

NEOLIBERALISM, FINANCIAL LIBERALISATION AND FINANCIALISATION IN DEVELOPING COUNTRIES

DEVELOPMENTALISM WITHIN THE NEOLIBERAL ERA

CONCLUSION

THREE - Beyond the MEC? Limits and prospects in the development of South African capitalism

FROM MINERALS-ENERGY COMPLEX TO MINERALS-ENERGY-FINANCE COMPLEX

FROM THE CLASSIC TO THE FINANCIALISED MEC - THE POST-APARTHEID TRAJECTORY

REAPING WHAT YOU SOW

WHITHER THE CONGLOMERATES?

NASPERS/PROSUS

FROM REMBRANDT TO RICHEMONT AND REMGRO

SHOPRITE

FRAGMENTATION, CORRUPTION AND THE CLIMATE CRISIS: MUTUAL RUINATION OF THE CONTENDING CLASSES?

FOUR - Why is the South African economy stuck in chronic crises?

THE ANC'S ECONOMIC JOURNEY

PAST OUTCOMES AND THE FUTURE OUTLOOK

KEY MACROECONOMIC OUTCOMES (1996-2019)

GOVERNMENT'S MACROECONOMIC OUTLOOK (2022-2030)

ALTERNATIVE FUTURE OUTLOOK

ENDNOTES.

FIVE - Vulnerability in the spotlight: Reflections on macroeconomic management in a polycrisis

DYNAMISM OF MACROECONOMIC VULNERABILITY AND WHY IT MATTERS

TRENDS IN ECONOMIC GROWTH AND MACROECONOMIC MANAGEMENT (1994-2019)

DEBATES ON MACROECONOMIC MANAGEMENT AND THE ENVIRONMENT

SIX - The evolution of South Africa's economic structure: Key trends amongst the top 100 firms on the JSE

CHANGES AND CONTINUITY IN ECONOMIC STRUCTURE AND INVESTMENT

'A ROSE BY ANY OTHER NAME…' - OWNERSHIP, CONTROL AND THE TOP 100

COMPOSITION OF THE LEAD FIRMS AND SECTORS

REFLECTIONS ON THE EVOLVING ECONOMIC STRUCTURE AND SYSTEM OF ACCUMULATION IN SOUTH AFRICA

APPENDIX

SEVEN - Confronting the industrial and empowerment implications of the energy transition in South Africa

COAL RENTS AND BROAD-BASED BLACK ECONOMIC EMPOWERMENT

THE EVOLUTION OF SOUTH AFRICA'S ENERGY SECTOR

OPPORTUNITIES FOR, AND CONSTRAINTS TO, INDUSTRIAL UPGRADING AND BROADENING OF PARTICIPATION

THE RENEWABLE ENERGY PROCUREMENT POLICY ENVIRONMENT AND IMPLICATIONS FOR BROAD-BASED PARTICIPATION AND INDUSTRIAL DEVELOPMENT

HOW HAVE THESE POLICY FRAMEWORKS DRIVEN THE MARKET RESPONSE IN THE WIND ENERGY SECTOR?

WHAT DRIVES THE BID TARIFF DETERMINATION?

LESSONS INFORMING POLICY AND REGULATORY REFLECTION AND ACTION

Part Two - Structural Change and Sector Balances

EIGHT - Post-1994 sectoral evolution and structural transformation in the automotive and agro-processing manufacturing sub-sectors and the grocery retail sector

POWER, GOVERNANCE AND UPGRADING IN VALUE CHAINS - THE IMPLICATIONS FOR STRUCTURAL TRANSFORMATION

STRUCTURAL TRANSFORMATION, POWER AND TECHNOLOGICAL CHANGE IN SOUTH AFRICAN MANUFACTURING.

POWER DYNAMICS SHAPING OUTCOMES IN FOOD VALUE CHAINS: AGRO-PROCESSING TO-GROCERY RETAIL VALUE CHAINS

NINE - From the minerals-energy complex to a just transition?

THE MINERALS-ENERGY COMPLEX

TOWARDS A DECARBONISED MINERALS-ENERGY COMPLEX?

THE JUST TRANSITION

AN ELECTRICITY SECTOR IN FLUX: FROM ESKOM AND BEYOND

TEN - The role of spatial development, logistics and transport in the South African economy: Reflections on immediate and longer-term priorities

OVERVIEW OF SOUTH AFRICA' S TRANSPORT AND LOGISTICS SYSTEMS

PERFORMANCE OF THE LOGISTICS SYSTEM

THE SPATIAL CONFIGURATION OF THE SOUTH AFRICAN ECONOMY AND ITS IMPACT ON LOGISTICS

SPATIAL LOCATION OF SUPPLY AND DEMAND IN FREIGHT LOGISTICS

SECTORAL SHIFTS FROM RAIL TO ROAD

SPATIAL CONFIGURATION CHALLENGES AND THEIR IMPACT ON LOGISTICS

THE IMPACT OF FREIGHT SYSTEM CHALLENGES ON SUPPLY CHAINS

CONCLUSION AND THE WAY FORWARD

ELEVEN - Lifting the colony while improving the metropolis: Addressing duality in economic development

ATTRIBUTES OF DUAL ECONOMIC DEVELOPMENT AT THE INTERSECTION OF EMPLOYMENT, EDUCATION AND SKILLS

ATTRIBUTES OF DUALITY IN EMPLOYMENT EQUITY AND INEQUALITY

DISTILLING THE DEFINING TRENDS AND IDENTIFYING INTERVENTIONS TO UNDERCUT DUALITY

MASS ABSORPTION INTO INDUSTRIAL ACTIVITY - A CASE FOR AN IMPROVED SPECIAL ECONOMIC ZONE PROGRAMME

OPPORTUNITIES IN AGRICULTURE

SUPPORTING MICRO ENTERPRISES WITH A FOCUS ON THE INFORMAL ECONOMY

TWELVE - South Africa: Regional integration and structural transformation

SOUTH AFRICA AND REGIONAL INTEGRATION IN AFRICA

SOUTH AFRICA'S DEPTH OF COMMITMENT TO REGIONAL INTEGRATION.

PATTERNS OF ENGAGEMENT

CONTEMPORARY FACTORS AFFECTING SOUTH AFRICA'S TRADE INTEGRATION STRATEGY

Part Three. Governance, Labour and Livelihoods

THIRTEEN. Structural transformation in South Africa: Who bears the cost? The invisible work of social reproduction

THEORETICAL APPROACH TO THE INTERRELATIONSHIP BETWEEN ECONOMIC AND SOCIAL REPRODUCTION

STRUCTURAL TRANSFORMATION, ECONOMIC CRISIS AND WOMEN'S PARTICIPATION IN THE LABOUR FORCE

THE EMPLOYER'S ROLE IN REPRODUCTIVE LABOUR: AN UNFOLDING CRISIS

WORKING IN REPRODUCTIVE SECTORS: FINANCIALISATION VERSUS OVERBURDENED HOUSEHOLDS

FOURTEEN - Technological innovation, the changing nature of work and the implications for trade unionism in post-apartheid South Africa

THE CHANGING NATURE OF WORK IN THE POST-APARTHEID PERIOD

TECHNOLOGICAL INNOVATION ANDTHE CHANGING LABOUR PROCESS

CONSIDERATIONS FOR TRADE UNIONS AND WORKER ORGANISATIONS

RESEARCH INTERVIEWS

FIFTEEN - Developmental state, social compacting and economic recovery: South Africa's experiences through the COVID-19 pandemic

DEVELOPMENTAL STATE AND SOCIAL COMPACTING: IS THERE A CONNECTION?

SOUTH AFRICA'S EXPERIENCES OF SOCIAL COMPACTING

PRESIDENTIAL JOBS SUMMIT

SOCIAL COMPACT ON SUPPORTING ESKOM

ECONOMIC RECONSTRUCTION AND RECOVERY PLAN

CONCLUSION: A BONFIRE OF PACTS OR A CELEBRATION OF COMPACTS?

SIXTEEN - Binding constraints to decision making on growth: Perspectives from heads of departments

A NOTE ON NOMENCLATURE

EVOLUTION OF THE MACRO ORGANISATION OF GOVERNMENT

THE PRESIDENCY: THE CENTRE OF GOVERNMENT

HOW THE REORGANISATION HAS IMPACTED THE AGENDAS OF POLITICAL ACTORS.

INSTABILITY IN GOVERNMENT LEADERSHIP

AN EMBEDDED CRISIS OF 'SHORT-TERMISM' AND THE ROLE OF DIRECTORS-GENERAL

STRUCTURE OF GOVERNMENT AS A HINDRANCE TO INFRASTRUCTURE DEVELOPMENT

MISSED OPPORTUNITIES

CONCLUSION: IMPLICATIONS FOR BUILDING A DYNAMIC STATE

SEVENTEEN - Political settlements and there building of South Africa's state-owned enterprises

POLITICAL SETTLEMENTS

EARLY POLITICAL SETTLEMENTS FOR RACIALLY EXCLUSIVE INDUSTRIAL STRUCTURE

DERACIALISING NEOLIBERAL GOVERNANCE

STATE CAPTURE OF STATE-OWNED ENTERPRISES AND DEVELOPMENT FINANCE INSTITUTIONS

THE EVOLVING ROLE OF DEVELOPMENT FINANCE INSTITUTIONS IN DEVELOPMENT

PUBLIC AND PRIVATE FINANCIAL INSTITUTIONS IN SOUTH AFRICA WELL POSITIONED TO DEPLOY CAPITAL AT SCALE

NEW POLITICAL SETTLEMENTS IN THE MAKING

REFORMED, RENEWED AND REFOCUSED

EIGHTEEN - Conclusion: Getting to inclusive growth and sustainable development

THE STATE OF KNOWLEDGE OF THE ECONOMY

SOUTH AFRICA'S STRUCTURAL FAULTLINES

Index

Back cover.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781920690403

1920690409