Productive Development Policies in the Mining Value Chain: Policy Opportunity and Alignment

2021 ◽  
Author(s):  
Guendalina Anzolin
Keyword(s):  
South Africa ◽  
Latin America ◽  
Natural Resources ◽  
Industrial Policy ◽  
Value Chain ◽  
High Technology ◽  
Market Failures ◽  
Demand And Supply ◽  
Development Policies ◽  
Productive Development

Natural resources are an important source for development, and Latin America is one of the regions with the highest endowment. This calls for a reconsideration of resource-based development. Ambitious countries are moving toward high-value activities and more diversified economies to continue moving up the development ladder. In this sense, the resurgence of industrial policy can correct market failures and lead to the implementation of mission-oriented policies. This document analyzes opportunities to design and implement integrated policies through a revised taxonomy of mining-related policies, applying it to Australia, South Africa, and Chile. The mining sector has been a fertile field, characterized by high technology niches, growth, and innovation. Demand and supply policies can shape the path for development within the sector and across the economy due to the potential of vertical and horizontal linkages.

Industrial Policy in South Africa

2021 ◽  
pp. 509-530
Author(s):  
Anthony Black
Keyword(s):  
South Africa ◽  
Industrial Policy ◽  
Industrial Development ◽  
Global Financial Crisis ◽  
Policy Support ◽  
Import Penetration ◽  
Wide Range ◽  
Development Policies ◽  
The Subject ◽  
The Global Financial Crisis

Abstract: Manufacturing in South Africa has been the subject of strong industrial policy support. Since 1994, the sector has undergone major structural shifts but the sector has performed poorly. Trade liberalization, which started to take effect before 1994, led to rapid import penetration across a wide range of sectors. For the most part the export response was disappointing. From 2007, there has been a shift to more intensive sectoral industrial policy. But this coincided with a number of very negative developments including the global financial crisis as well as serious infrastructure constraints. The specifics of industrial policy are examined in heavy industry, the automotive sector, and light manufacturing as well as in the outcomes of regional industrial development policies. The chapter concludes that South Africa needs to be on a more labour-absorbing growth path which requires appropriate industrial as well as other policies.

scholarly journals Metals, Machinery, and Mining Equipment Industries in South Africa

2021 ◽  
pp. 53-77
Author(s):  
Antonio Andreoni ◽  
Lauralyn Kaziboni ◽  
Simon Roberts
Keyword(s):  
South Africa ◽  
Industrial Policy ◽  
Value Chain ◽  
Policy Design ◽  
Value Added ◽  
Poor Performance ◽  
Value Chains ◽  
Central Position ◽  
Mining Equipment ◽  
Middle Income

The metals, machinery, and mining equipment industries have been at the heart of South Africa’s industrial ecosystem. Their central position is associated with the long-term importance of mining, with which there are extensive demand- and supply-side linkages. This chapter reviews key turning points in the development and restructuring of these value chains in post-apartheid South Africa, from 1994 to 2019. The overall record is of a basic steel industry that performed better in terms of value added relative to the more diversified downstream industries, despite government industrial policy targeting more labour-intensive downstream industries. The downstream machinery and equipment industry struggled to compete with imports in the 2000s and 2010s and only partially engaged with digitalization. In explaining these developments the grand bargains struck by the state with the main company producing basic steel and the use of procurement as a demand-side industrial policy are critically examined. The chapter also provides micro-level evidence of the evolving relationships between mining houses; engineering, procurement, and construction management services companies; and input suppliers along the value chain. Overall, it is argued that the relatively poor performance of this industry grouping in South Africa has been due to power asymmetries along the value chains, upstream concentration, high levels of fragmentation in the domestic ecosystem, the lack of key institutional ingredients, and poor policy design. Lessons for resource-endowed middle-income countries are discussed, and policy challenges for upgrading and diversification are presented.

Australia—The Hidden Jewel

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Natural Resources ◽  
Value Chain ◽  
Global Economy ◽  
Good Governance ◽  
Developing Economies ◽  
Raw Materials ◽  
Manufacturing Sector ◽  
Developed Countries ◽  
The United States ◽  
Dutch Disease

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its place in the global economy by becoming more entrepreneurial and accelerating its rate of growth, or will it get infected with the so-called Dutch disease? It has been successful in managing trade ties with fast-developing economies like China and India as well as developed countries like the United States. It has participated in the growth of China by providing iron ore and coal. Because it is a low-risk country, it has enabled inflow of large foreign capital investments. A lot will depend on its capability and willingness to invest the capital available in entrepreneurial ventures, its ability to capture the full value chain of natural resources, and to export the finished products instead of raw materials, while building a robust manufacturing sector.

scholarly journals Challenges of Spa Tourism in Andalusia: Experts’ Proposed Solutions

2021 ◽  
Vol 18 (4) ◽  
pp. 1829 ◽  
Author(s):  
Rosa Anaya-Aguilar ◽  
German Gemar ◽  
Carmen Anaya-Aguilar
Keyword(s):  
Natural Resources ◽  
Delphi Method ◽  
Current Situation ◽  
Autonomous Community ◽  
Tourism Destination ◽  
Development Policies ◽  
Common Thread ◽  
The Common

Water is the common thread and attraction factor of the tourism facilities called “spas”, which are part of health and beauty services. Spa use is currently experiencing a boom that reflects changes in populations, such as an increase in economic wellbeing and a desire to reunite with nature. This research’s objectives were to understand spa tourism’s structural and operational dimensions and to assess this sector’s current situation by using the Delphi method with a panel of 22 experts. The results show that these experts believe that, in Andalusia, spas energize the area as a tourism destination through their natural resources and conservation of key elements. However, spa development policies are scarce, including a lack of autonomous community laws regarding these facilities.

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