Achieving Development Success 2013
DOI: 10.1093/acprof:oso/9780199671557.003.0012
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Post-Apartheid South Africa: An Economic Success Story?

Abstract: The paper provides an evaluation of the development of the South African economy since the end of apartheid in 1994. Taking the 1993 situation as the point of departure, it gives an account of the path leading to the formulation of the major policy documents, and examines to what extent their objectives have been met. It highlights poverty reduction and redistribution, stabilization (fiscal and monetary policy, liberalization of the capital account of the balance of payments, exchange rate policy), trade and c… Show more

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Cited by 20 publications
(13 citation statements)
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References 24 publications
(9 reference statements)
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“…The period of study begins from 1996 because 2 From past lessons (Fosu, 2010), Fosu (2012Fosu ( , 2013a has recently documented interesting literature on lessons and strategies for achieving development success. The plethora of lessons are drawn from: the emerging Asian giants of China and India (Singh, 2013;Yao, 2013;Santos-Paulino, 2013); East Asia and the Pacific (Lee, 2013;Jomo and Wee, 2013;Warr, 2013;Thoburn, 2013;Khan, 2013); Latin America and the Caribbean (De Mello, 2013;Solimano, 2013;Trejos, 2013;Pozo et al, 2013;Cardoso, 2013); the Middle East and North Africa (Looney, 2013;Baliamoune-Lutz, 2013;Nyarko, 2013b;Drine, 2013) and; sub-Saharan Africa (Robinson, 2013;Subramanian, 2013;Lundahl and Petersson, 2013;Fosu, 2013b;Naudé, 2013).…”
Section: Datamentioning
confidence: 99%
“…The period of study begins from 1996 because 2 From past lessons (Fosu, 2010), Fosu (2012Fosu ( , 2013a has recently documented interesting literature on lessons and strategies for achieving development success. The plethora of lessons are drawn from: the emerging Asian giants of China and India (Singh, 2013;Yao, 2013;Santos-Paulino, 2013); East Asia and the Pacific (Lee, 2013;Jomo and Wee, 2013;Warr, 2013;Thoburn, 2013;Khan, 2013); Latin America and the Caribbean (De Mello, 2013;Solimano, 2013;Trejos, 2013;Pozo et al, 2013;Cardoso, 2013); the Middle East and North Africa (Looney, 2013;Baliamoune-Lutz, 2013;Nyarko, 2013b;Drine, 2013) and; sub-Saharan Africa (Robinson, 2013;Subramanian, 2013;Lundahl and Petersson, 2013;Fosu, 2013b;Naudé, 2013).…”
Section: Datamentioning
confidence: 99%
“…The choice of this periodicity is constrained by the political stability and/or non-violence indicators which are available only from the year Baliamoune-Lutz, 2013;Drine, 2013) and; sub-Saharan Africa (Subramanian, 2013;Lundahl & Petersson, 2013;Robinson, 2013;Fosu, 2013b;Naudé, 2013).…”
Section: Datamentioning
confidence: 99%
“…However recent evidence suggests that the core country can serve as a role model of development for other emerging countries, particularly in terms of KE (Lee, 2009). By using the South Korean KE experience are a core model for frontier African countries, the paper also extends a recent stream of studies on 'achieving development success: strategies and lessons from the developing world' (Fosu, 2013a;Lee, 2013;Jomo & Wee, 2013;Warr, 2013;Thoburn, 2013;Khan, 2013;Singh, 2013;Yao, 2 "There is some scepticism about Korea as role model of development as the Korean model involved a considerable degree of state activism, unacceptable in today's global environment" (Lee, 2009, p.1). 2013; Robinson, 2013;Subramanian, 2013;Lundahl & Petersson, 2013;Fosu, 2013b;Naudé, 2013;De Mello, 2013;Solimano, 2013;Trejos, 2013;Pozo et al, 2013;Cardoso, 2013;Looney, 2013;Baliamoune-Lutz, 2013;& Drine, 2013.…”
Section: Introductionmentioning
confidence: 99%