Public Debt in South Africa

2021 ◽  
pp. 955-973
Author(s):  
Manoel Bittencourt

After four decades of racial segregation, South Africa transitioned to a non-racial democracy in 1994. Inevitably for a country with segregationist labour market policies for so long, South Africa is also one of the most unequal countries in the world. In order to take an overview of government debt in South Africa, this chapter looks at macroeconomic performance but also at how the political regime characteristics and inequality have interplayed with government debt during the 1970–2016 period. The data suggest that economic growth correlates negatively with debt and that democracy correlates positively with debt. In addition, the data do not suggest that democratic maturity is already associated with lower debt nor that the outgoing apartheid-era National Party bequeathed the young democracy with high debt. Encouragingly, the data do suggest that inequality and public expenditure on education correlate positively with debt, which suggests that the democratic government has the median voter in mind when creating debt and also that part of the debt is being invested in human capital formation.

2000 ◽  
Vol 38 (2) ◽  
pp. 203-223 ◽  
Author(s):  
James Jude Hentz

Privatisation has both an economic and a political face. In South Africa, this Janus-faced character is revealed by the juxtaposition of economic and political arguments for and against the process of privatisation initiated by the National Party, during the transition to majority rule. This paper argues that the NP set out to fundamentally reorganise the structure of South Africa's political economy as an exit strategy. Although it justified privatisation by employing economic arguments, this ostensible depoliticisation masked political motives. Ironically, the weak economic case reveals the political face of privatisation in South Africa. The timing and context of South Africa's privatisation process is difficult to defend on economic grounds, but it did make political sense.


Itinerario ◽  
2014 ◽  
Vol 38 (2) ◽  
pp. 19-26 ◽  
Author(s):  
Kate Law ◽  
Huibré Lombard

This article examines some of the core holdings within the Archive for Contemporary Affairs at the University of the Free State, Bloemfontein, South Africa. Prominent amongst this material are the papers of the National Party (NP), the political party that formalised the structures of apartheid. Paying particular attention to the papers of what Hermann Giliomee has termed ‘The Last Afrikaner Leaders’ alongside recently acquired material concerning post-colonial politics, we argue for the importance of this archive for scholars studying Afrikaner nationalism, at both national and regional level, the rationales and discourses of apartheid and the history of the country more broadly.


Author(s):  
Nico Steytler

This chapter examines how a stable, legitimate, and highly regarded constitutional dispensation has successfully withered away the political salience of territorial cleavages in South Africa and paved the way for a stronger form of ethnic federalism. It first explains the context that led to South Africa’s transition from apartheid to democracy before discussing the period of constitutional engagement in 1990–96, focusing on the deal between the National Party (NP) and the African National Congress (ANC) that resulted in the adoption of an interim Constitution in December 1993. It also explores the constitutional provisions that sought to address the demands of the right-wing Afrikaners and the Zulu nationalists, along with the ratification of the final Constitution in 1996. The chapter concludes with an analysis of the outcome of the South African constitutional settlement and the important lessons that can be drawn from the unmaking of territorial politics in the country.


2019 ◽  
Vol 118 (11) ◽  
pp. 365-371
Author(s):  
J Dorasamy ◽  
Mr Jirushlan Dorasamy

Studies, especially in the North America, have shown a relationship between political orientation and moralfoundation. This study investigated whether moral judgements differ from the political orientation of participantsin South Africa moral judgment and the extent to which moral foundations are influenced by politicalorientation.Further, the study investigated the possibility of similar patterns with the North AmericanConservative-Liberal spectrum and the moral foundation. There were 300participants, 78 males and 222 females,who completed an online questionnaire relating to moral foundation and political orientation. The results partiallysupported the hypothesis relating to Liberal and Conservative orientation in South Africa. Further, this studypartially predicted the Liberal-Conservative orientation with patterns in the moral foundation, whilst showingsimilar findings to the North American studies. A growing rate of a neutral/moderate society is evidenced in SouthAfrica and abroad, thereby showing the emergence of a more open approach to both a political and generalstance.”””


2020 ◽  
pp. 74-86
Author(s):  
Alexandra Arkhangelskaya

The history of the formation of South Africa as a single state is closely intertwined with events of international scale, which have accordingly influenced the definition and development of the main characteristics of the foreign policy of the emerging state. The Anglo-Boer wars and a number of other political and economic events led to the creation of the Union of South Africa under the protectorate of the British Empire in 1910. The political and economic evolution of the Union of South Africa has some specific features arising from specific historical conditions. The colonization of South Africa took place primarily due to the relocation of Dutch and English people who were mainly engaged in business activities (trade, mining, agriculture, etc.). Connected by many economic and financial threads with the elite of the countries from which the settlers left, the local elite began to develop production in the region at an accelerated pace. South Africa’s favorable climate and natural resources have made it a hub for foreign and local capital throughout the African continent. The geostrategic position is of particular importance for foreign policy in South Africa, which in many ways predetermined a great interest and was one of the fundamental factors of international involvement in the development of the region. The role of Jan Smuts, who served as Prime Minister of the Union of South Africa from 1919 to 1924 and from 1939 to 1948, was particularly prominent in the implementation of the foreign and domestic policy of the Union of South Africa in the focus period of this study. The main purpose of this article is to study the process of forming the mechanisms of the foreign policy of the Union of South Africa and the development of its diplomatic network in the period from 1910 to 1948.


Author(s):  
Timur Gimadeev

The article deals with the history of celebrating the Liberation Day in Czechoslovakia organised by the state. Various aspects of the history of the holiday have been considered with the extensive use of audiovisual documents (materials from Czechoslovak newsreels and TV archives), which allowed for a detailed analysis of the propaganda representation of the holiday. As a result, it has been possible to identify the main stages of the historical evolution of the celebrations of Liberation Day, to discover the close interdependence between these stages and the country’s political development. The establishment of the holiday itself — its concept and the military parade as the main ritual — took place in the first post-war years, simultaneously with the consolidation of the Communist regime in Czechoslovakia. Later, until the end of the 1960s, the celebrations gradually evolved along the political regime, acquiring new ritual forms (ceremonial meetings, and “guards of memory”). In 1968, at the same time as there was an attempt to rethink the entire socialist regime and the historical experience connected with it, an attempt was made to reconstruct Liberation Day. However, political “normalisation” led to the normalisation of the celebration itself, which played an important role in legitimising the Soviet presence in the country. At this stage, the role of ceremonial meetings and “guards of memory” increased, while inventions released in time for 9 May appeared and “May TV” was specially produced. The fall of the Communist regime in 1989 led to the fall of the concept of Liberation Day on 9 May, resulting in changes of the title, date and paradigm of the holiday, which became Victory Day and has been since celebrated on 8 May.


Author(s):  
A. FREDDIE

The article examines the place and role of democracy and human rights in South Africas foreign policy. The author analyzes the process of South Africas foreign policy change after the fall of the apartheid regime and transition to democracy. He gives characteristics of the foreign policy under different presidents of South Africa from 1994 to 2018 and analyzes the political activities of South Africa in the area of peacekeeping and human rights on the African continent.


Sign in / Sign up

Export Citation Format

Share Document