The 1990s were the decade of transition from white rule to black rule in South Africa. In the political sphere the transition was dramatic. In the economic sphere less so, yet the effects were and are likely to be far more far reaching. It is the economic impacts which are likely to determine the future of the country.
With the exception of the diamond-rich Botswana, all the countries of Africa which underwent the transition from white to black rule experienced economic decline. Is this to be the fate of South Africa? How was and is South Africa's historical role as the world's leading gold producer affected by the transition? Why did some economic policies succeed and others fail? This book, by leading authorities in the field, attempts to answer these and other related questions. -- .
Stuart Jones is Professor, School of Economic and Business Sciences, University of the Witwatersrand, Johannesburg, South Africa. Robert W. Vivian is Professor of Finance and Insurance, School of Economic and Business Sciences, University of the Witwatersrand, Johannesburg, South Africa -- .
Introduction - Stuart Jones PART I: OVERVIEW OF THE PERIOD 1. Overview of the economy - Philip Mohr PART II: ECONOMY 2. Agriculture - Nick Vink 3. Mining - Stuart Jones 4. Manufacturing - Colin McCarthy 5. Motor vehicle industry - Anthony Black 6. Chemical industry with particular reference to Sasol - Grietjie Verhoef 7. Electricity - Anton Eberhard 8. Transport - Trevor Jones 9. Banking - Stuart Jones 10. Insurance and retirement industry - Robert W. Vivian 11. Stock exchange and capital markets - Stuart Jones 12. Information technology - Stuart Jones 13. Retail sector - Stuart Jones 14. Tourism industry - Gillian Saunders 15. Public sector-state incapacity - Elsabe Loots 16. External trade - Stuart Jones 17. South African balance of payments - Philip Mohr PART III: POLICY 18. Demographic change - Charles Simkins 19. Fiscal policy - Estian Calitz and Krige Siebrits 20. Monetary policy - Roger Gidlow 21. Trade policy - Stuart Jones 22. Agricultural and land policy - Nick Vink and Ruth Hall 23. Mineral and energy policy - Stuart Jones 24. Environmental policy - Anthony Lumby 25. Black economic empowerment - Philip Black, Rachel Jafta and Rulof Burger 26. Competition policy - Stuart Jones 27. Labour policy - Frans Barker 28. Dialogue on policy between government, labour and business - Raymond Parsons PART IV Conclusions - Stuart Jones Index -- .