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Growth, Capital Accumulation, and Economic Reform in South Africa

Bibliographic Data

ID23670177
AuthorsCarolyn Jenkins (0000-0001-5506-7657, corresponding author)
Year2004
Pages239-259
Publication date2004-10-07
Open AccessNo
TypeCHAPTER
VenueResource Abundance and Economic Development (WIDER Studies in Development Economics) (SOURCE_BOOK)
PublisherOxford University PressOxford (PUBLISHER)
DOI10.1093/0199275785.003.0015
OpenAlexW2412540437
ISBN9780199275786
LanguageEN
References cited7

This chapter argues that South Africa has failed to establish the conditions necessary to reach its growth potential despite the commencement of reform in the 1970s. Part of this is because reform was undertaken during conditions of increasing isolation under sanctions, and increasing domestic uncertainty. Moreover, racial segregation in education and labour markets, and increasing political polarisation led to a decline in social capital. The new government is capable of addressing these problems although progress has been slow.

Biology · Capital (architecture) · Capital accumulation · Development economics · Economic growth · Economic policy · Economics · Geography · Government (linguistics) · Human capital · Isolation (microbiology) · Political science · Politics · Sanctions · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality

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Highly citedNo

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