Writing the Economic History of South Africa

1978 ◽  
pp. 149 ◽  
Author(s):  
Leslie Clement Duly ◽  
T. R. H. Davenport
Keyword(s):  
South Africa ◽  
Economic History ◽  
History Of

scholarly journals Should 1974 be considered a watershed year in the economic history of the world?

1980 ◽  
Vol 11 (2) ◽  
pp. 45-49
Author(s):  
G. Jan Hupkes
Keyword(s):  
South Africa ◽  
Economic History ◽  
Free Market ◽  
Market Mechanism ◽  
Oil Consumption ◽  
Payments System ◽  
The World ◽  
History Of ◽  
Oil Crisis ◽  
Economic Future

The early 1970s marked a turning point in mankind's economic fortunes and the author takes 1974 as an 'artificial' vantage point from which to look back, but also forward. Several forces led to the shocks of the seventies: the breaking down in the discipline of the international payments system, rising inflation, the oil crisis, the West's loss of strategic military initiative to the East. The author outlines what ought to be done to improve the economic outlook for the 1980s: The international payments system must be placed on a more stable and disciplined footing, inflation must be controlled by balancing of national budgets, the energy crisis must be contained by reduction of oil consumption via the price mechanism. In South Africa the economic watershed year was 1976; two years later than that of the world economy in general. Since then a policy of strict financial discipline has led to a record surplus in balance of payments, which together with new emphasis on the importance of the free market mechanism and increasing energy self-sufficiency, promises a better economic future for South Africa than for many other countries.Die vroee 1970s was 'n keerpunt in die mensdom se ekonomiese lotgevalle en die skrywer neem 1974 as 'n 'kunsmatige' uitsigpunt vanwaar hy terug kyk, maar ook vorentoe. Verskeie magte het gelei tot die skokke van die sewentigs: die aftakeling van die dissipline van die internasionale betalingstelsel, stygende inflasie, die oliiekrisis, en die Weste se afstand van strategiese militere inisiatief aan die Ooste. Die skrywer dui aan wat gedoen moet word om die ekonomiese vooruitsigte vir die 1980s te verbeter: Die internasionale betalingstelsel moet op 'n meer stabiele en gedissiplineerde grondslag geplaas word, inflasie moet deur die balansering van nasionale begrotings beheer word, die energiekrisis moet via die prysmeganisme deur verminderde olieverbrulk beteuel word. In Suid-Afrika was die ekonomiese waterskeidingsjaar 1976; twee jaar later as die van die wereld-ekonomie in die algemeen. Sedertdien het 'n beleid van streng finansiele dissipline gelei tot 'n rekord surplus op die betalingsbalans, wat saam met nuwe klem op die belangrikheid van die vrye markmeganisme en toenemende energie-selfvoorsiening, 'n bater ekonomiese toekoms vir Suid-Afrika as vir baie ander lande beloof.

The Economic History of South Africa 1948–94

2021 ◽  
pp. 46-65
Author(s):  
Bill Freund ◽  
Vishnu Padayachee
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
South African ◽  
Economic History ◽  
History Of ◽  
Anglo American ◽  
Relationship Of ◽  
Global And Local ◽  
The Impact ◽  
The Way

This chapter addresses the unfolding economic history of South Africa in the apartheid era (1948–94). The chapter is organized according to a periodization with 1971–73 as a marker of the break, and along specific thematic lines. These include a discussion of the way in which this history has been studied and through what theoretical lenses, before engaging with the main issues, including the impact of Afrikaner nationalism on economic growth, the way in which the minerals energy sector, which dominated early perspectives of South African economic history and perspectives, is impacted in this era of National Party rule. An analysis of the role of one major corporation (Anglo American Corporation) in shaping this economic history is followed by an assessment of the impact of the global and local crisis after c.1970 on the South African economy. An abiding theme is that of race and economic development and the way in which the impact of this key relationship of apartheid South Africa on economic growth has been studied.

A Modern Economic History of South Africa.

1932 ◽  
Vol 42 (165) ◽  
pp. 109
Author(s):  
J. R. Hicks ◽  
D. M. Goodfellow
Keyword(s):  
South Africa ◽  
Economic History ◽  
History Of ◽  
Modern Economic

South Africa’s Journey towards a Democratic Developmental State

2019 ◽  
Vol 49 (2) ◽  
Author(s):  
Vusi Gumede
Keyword(s):  
South Africa ◽  
Economic History ◽  
National Development ◽  
Developmental State ◽  
National Planning ◽  
Developmental States ◽  
Asian Tigers ◽  
History Of ◽  
Institutional Architecture ◽  
Theoretical Foundations

This article analyses key policies and documents, which form the basis of democratic South Africa’s desire to becoming a developmental state. In order to understand the notion of a developmental state, I provide a discussion on the theoretical foundations of the concept by drawing on examples from other countries (such as the Asian Tigers) that have embarked on a journey to become developmental states. Through a comparative analysis, and by probing the National Development Plan (NDP), as well as the work of the National Planning Commission (NPC) broadly, I examine South Africa’s prospects of becoming a developmental state. To this effect, I argue that although the foundation that was laid for South Africa to become a democratic developmental state (DDS) was relatively solid, South Africa has veered far away from becoming a developmental state any time soon. But, given the existing institutional architecture, as well as an assessment of developmental outcomes, it would seem that South Africa can still become a viable developmental state—although South Africa has lost many of the salient attributes of developmental states. It is also worth highlighting that it was always going to be difficult for South Africa to become a developmental state because of the political and economic history of the country. The article makes suggestions with regard to what could be done to ensure that South Africa becomes a viable, fully-fledged, democratic developmental state.

Selected Subjects in the Economic History of South Africa.

1925 ◽  
Vol 35 (140) ◽  
pp. 632
Author(s):  
Arnold Plant ◽  
M. H. de Kock
Keyword(s):  
South Africa ◽  
Economic History ◽  
History Of

An economic history of South Africa: conquest, discrimination and development

2006 ◽  
Vol 43 (07) ◽  
pp. 43-4140-43-4140
Keyword(s):  
South Africa ◽  
Economic History ◽  
History Of
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