Description

Book Synopsis
This title begins from the standpoint that new thinking is needed if South Africa is to generate sustainable economic growth, provide employment and decent work and promote rural development. As comparisons with other developing economies, particularly South Korea and Brazil, show, it is possible for the so-called developmental state to direct and plan economic activity and achieve developmental objectives. At the same time the title warns about the perverse impacts of black economic empowerment, particularly the growth of a rentier class of well-connected entrepreneurs.

Table of Contents
The challenge of development. South Africa's political economy. The global environment.

Development in a divided country

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    A Book by Ben Turok, Ha-Joon Chang, Joao Carlos Feraz

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      Publisher: Jacana Media (Pty) Ltd
      Publication Date: 15/09/2015
      ISBN13: 9781770099661, 978-1770099661
      ISBN10: 1770099662
      Also in:
      Development economics Economic growth

      Description

      Book Synopsis
      This title begins from the standpoint that new thinking is needed if South Africa is to generate sustainable economic growth, provide employment and decent work and promote rural development. As comparisons with other developing economies, particularly South Korea and Brazil, show, it is possible for the so-called developmental state to direct and plan economic activity and achieve developmental objectives. At the same time the title warns about the perverse impacts of black economic empowerment, particularly the growth of a rentier class of well-connected entrepreneurs.

      Table of Contents
      The challenge of development. South Africa's political economy. The global environment.

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