Description

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.

Development in a divided country

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Book by Ben Turok , Ha-Joon Chang

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This title begins from the standpoint that new thinking is needed if South Africa is to generate sustainable economic growth,... Read more

    Publisher: Jacana Media (Pty) Ltd
    Publication Date: 15/09/2015
    ISBN13: 9781770099661, 978-1770099661
    ISBN10: 1770099662

    Number of Pages: 224

    Non Fiction , Business, Finance & Law

    Description

    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.

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