Manufacturing development and the economic crisis
Restructuring in the eighties
Bibliographic Data
| ID | 3622101 |
|---|---|
| Authors | Anthony Black (0000-0003-3266-9991, University of Cape Town), John Stanwix (Durban University of Technology) |
| Year | 1987 |
| Volume | 13 |
| Issue | 1 |
| Pages | 47-59 |
| Publication date | 1987-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Social Dynamics (JOURNAL) |
| Journal identifiers | ISSN: 0253-3952 • E-ISSN: 1940-7874 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/02533958708458419 |
| OpenAlex | W1978255375 |
| Language | EN |
| Citations received | 7 |
| References cited | 14 |
The particularly severe losses of manufacturing employment since 1982 should not obscure the evidence that declining growth rates can be traced back to the mid‐seventies. This article attempts to identify the most important structural features of the particular pattern of South African industrial development which are responsible for this deepening crisis. The manufacturing sector faces fundamental constraints on further expansion and these can be partially attributed to the highly 'polarised' pattern of industrial development engendered by import‐substitution and the failure to develop a broadly based mass market due to the existence of extreme income and wealth inequalities. Efforts to restore a stable growth process have taken the form of restructuring by manufacturing firms and a shift towards the introduction of neo‐conservative economic policies by the state. These have serious implications for wages and employment but it is argued that they are unlikely to provide a way out of the current economic impasse. Notes An earlier and much longer version of this paper was presented at the Workshop on Macroeconomic Policy and Poverty in South Africa at UCT in August 1986 under the title 'Crisis and Restructuring in the South African Manufacturing Sector'
Business · Economic policy · Economic system · Economics · Restructuring · Asian Industrial and Economic Development · Economic Growth and Productivity · Global trade and economics · Finance
The international context for industrialisation in the coming decade
Industrial decentralisation in South Africa
Industrial decentralization under apartheid
Clothing, chips and competitive advantage
Race and State in Capitalist Development
The Crisis in South Africa
The Internationalization of South African Capital
The South African Economy
Divisions over the international division of labour
| Unique citing works | 7 |
|---|---|
| Citations per year | 0,19 |
| Citation span | 1989 - 2013 (25) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |