This volume offers highly original perspectives on structural transformation in South Africa. It provides sophisticated analyses of productive transformation at the sectoral level, based on profound understanding of national political economy and global technological trends. It is aunique contribution to industrial policy making in middle-income countries.

Ha-Joon Chang, Reader, University of Cambridge

Can industrial policy achieve structural transformation in a developing country in the 21st century? This fascinating volume identifies new and emerging constraints in the context of South Africa, including GVCs, automation, digitalisation and much else—and provides a positive agenda for economic policy in the new context. A must-read for policy makers and researchers on development.

Jayati Ghosh, Professor of Economics, University of Massachusetts, Amherst

Blending heterodox economic analysis with selected sectoral case studies, the different chapters examine the damaging legacy of the Washington Consensus on the South African economy and make a clear and convincing case for putting industrial policy back at the centre of development strategy, not only to correct past failures but to manage the new challenges arising from an increasingly digitalized, monopolized and environmentally fragile world. While the South African economy takes centre stage in the volume, the analysis and policy recommendations speak to a wider audience across the developing world. A valuable read.

Richard Kozul-Wright, Director of the Globalisation and Development Strategies Division, United Nations Conference on Trade and Development (UNCTAD)

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This book is a reminder of the unfinished business of building economies that can deliver shared prosperity. This is especially so for South Africa, a middle-income country that has faced economic stagnation in the decade following the Great Recession. In its earlier years, post-apartheid South Africa scored significant achievements in extending basic services to the majority of the population and reversing the poor macroeconomic metrics inherited from the apartheid regime. But to deliver sustained and inclusive growth, the fundamental structure of the economy must be tackled. The deep research presented in this book provides decision-makers across various sectors of society with the material to think deeply about how the South African economy creates value and the nature of its integration in a rapidly evolving global economy.

Trudi Makhaya, Economic Advisor to the President of South Africa, President Cyril Ramaphosa

As we navigate an increasingly uncertain terrain, this book offers a comprehensive and insightful look into the challenges South Africa faces in the quest for greater inclusive industrial development. The inclusion of industry experts alongside in-depth investigations by academics provides a realistic analysis of the current landscape with future prospects for transformation. This is an important and powerful contribution to steering debates away from rhetoric towards reality.

Tshilidzi Marwala, Vice Chancellor and Principal of the University of Johannesburg

A highly original and coherent volume blending theories of developmental and entrepreneurial state, with impeccably researched deep dives into the South African economy and society. A timely mine of new evidence to design policies and shape markets towards inclusive and sustainable development.

Mariana Mazzucato, Professor, UCL Institute for Innovation and Public Purpose

Structural Transformation in South Africa is a timely and distinct book for researchers and policymakers who are interested in structural transformation of developing and emerging economies. Diverse leading scholars present deep analysis anchored in rich development concepts with a practical application to South Africa and linking to the challenges of middle-income countries and global dynamics. South Africa presents a particularly riveting case as one of the most advanced economies in Africa, with a large confluence of factors shaping its industrial policy. The book's emphasis on new industrial policy geared to structural transformation within the context of global drivers that shape it, and the extensive use of rich empirical data add to its significance.

Arkebe Oqubay, Minister and Special Advisor to the Prime Minister of Ethiopia

This volume makes a critical contribution to improving our understanding of industrial development and structural change in developing countries. Through in-depth analyses of key industries and policy issues in South Africa, it develops a coherent, ambitious and well-grounded agenda for rethinking industrial policy in South Africa and other middle-income countries.

Imraan Valodia, Professor and Dean, University of Witwatersrand, South Africa

Taking South Africa as an important case study of the challenges of structural transformation, Structural Transformation in South Africa offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. Detailed analyses of industry groupings and interests in South Africa reveal the complex set of interlocking country-specific factors which have hampered structural transformation over several decades, but also the emerging productive areas and opportunities for structural change. The structural transformation trajectory of South Africa presents a unique country case, given its industrial structure, concentration and highly internationalized economy, as well as the objective of black economic empowerment. Structural Transformation in South Africa links these micro-meso dynamics to global forces driving economic, institutional and social change. This include digital industrialization, global value chain consolidation, financialization, environmental and other sustainability challenges, which are reshaping structural transformation dynamics across middle-income countries like South Africa. While these new drivers of change are disrupting existing industries and interests in some areas, in others they are reinforcing existing trends and configurations of power. The book analyses the ways in which both the domestic and global drivers of structural transformation shape-and, in some cases, are shaped by-a country's political settlement and its evolution. By focusing on the political economy of structural transformation, the book disentangles the specific dynamics underlying the South African experience of the middle-income country conundrum. In so doing, it brings to light the broader challenges faced by similar countries in achieving structural transformation via industrial policies.
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Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
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1: Antonio Andreoni, Pamela Mondliwa, Simon Roberts, and Fiona Tregenna: Framing structural transformation in South Africa and beyond 2: Nimrod Zalk: Structural change in South Africa: a sectoral historical perspective 3: Antonio Andreoni, Lauralyn Kaziboni, and Simon Roberts: Metals, machinery, and mining equipment industries in South Africa: the relationship between power, governance, and technological capabilities 4: Jason Bell, Lorenza Monaco, and Pamela Mondliwa: Leveraging linkages for developing plastic products: an assessment of backward input linkages from polymers and forward output linkages to the automotive industry 5: Justin Barnes, Anthony Black, and Lorenza Monaco: Government policy in multinational-dominated global value chains: structural transformation within the South African automotive industry 6: Christopher Cramer and Shingie Chisoro-Dube: The industrialization of freshness and structural transformation in South African fruit exports 7: Stefano Ponte: Sustainability and green capital accumulation: lessons from the South African wine value chain 8: Sumayya Goga and Pamela Mondliwa: Structural transformation, economic power, and inequality in South Africa 9: Thando Vilakazi and Teboho Bosiu: Black economic empowerment, barriers to entry, and economic transformation in South Africa 10: Antonio Andreoni, Nishal Robb, and Sophie van Huellen: Profitability without investment: how financialization undermines structural transformation in South Africa 11: Antonio Andreoni and Fiona Tregenna: The middle-income trap and premature deindustrialization in South Africa 12: Antonio Andreoni, Justin Barnes, Anthony Black, and Timothy Sturgeon: Digitalization, industrialization, and skills development: opportunities and challenges for middle-income countries 13: Antonio Andreoni, Keun Lee, and Sofia Torreggiani: Global value chains, 'in-out-in' industrialization, and the global patterns of sectoral value addition 14: Pamela Mondliwa and Simon Roberts: The political economy of structural transformation: political settlements and industrial policy in South Africa 15: Antonio Andreoni, Pamela Mondliwa, Simon Roberts, and Fiona Tregenna: Towards a new industrial policy for structural transformation
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A detailed analysis of industrial development in South Africa, including detailed sector studies Includes contributions by leading experts in the field of industrial development, as well as new empirical investigations into premature deindustrialization, global value chains, and capabilities Locates industrial development and structural transformation in the broader context of patterns of economic change, interests, and economic power An open access title available under the terms of a CC BY-NC-ND 4.0 licence
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Antonio Andreoni is Associate Professor of Industrial Economics at University College London and Head of Research at the UCL Institute for Innovation and Public Purpose. He is Visiting Associate Professor in the Fourth Industrial Revolution, SARChI Industrial Development, University of Johannesburg. Antonio has researched and published extensively on production, technological change, and innovation dynamics; structural change, global value chains and industrial development; financialisation and corruption; governance and political economy of industrial policy. Antonio is an Editor of The European Journal of Development Research. He consults to various international organisations such as UNIDO, UNCTAD, UNDP, ILO, World Bank and OECD. Pamela Mondliwa is a Senior Managing Consultant at Berkeley Research Group (BRG) and a Research Associate at the Centre for Competition, Regulation and Economic Development (CCRED), University of Johannesburg. She has worked across consulting, academia, and policy on issues related to competition, economic regulation, industrial development, and regional economic development. Pamela has provided research support to various government departments in South Africa as well as international organisations. She advises competition authorities and private clients on competition and economic regulation cases. Prior to joining BRG, she was a Senior Researcher at CCRED and an Economist at the Competition Commission of South Africa. Simon Roberts is a Professor of Economics at the University of Johannesburg, where he founded the Centre for Competition, Regulation and Economic Development (CCRED), and a visiting Professor at the UCL Institute for Innovation and Public Purpose. He has worked extensively on issues of industrial development, trade, regional and global value chains, competition, and economic regulation in Southern and East Africa, advising governments, competition authorities and regulators. He was an Economics Director at the UK Competition and Markets Authority (2019 to 2020) and Chief Economist at the Competition Commission of South Africa from 2006 to 2012. Fiona Tregenna holds the DSI/NRF South African Research Chair (SARChI) in Industrial Development and is a Professor of Economics at the University of Johannesburg. She has a Ph.D. in Economics from the University of Cambridge. Fiona is a part-time Member of the Competition Tribunal where she adjudicates competition (anti-trust) cases, and serves on a number of boards, advisory panels and councils, including the Presidential Economic Advisory Council. She consults to various research institutes and international organisations such as UNIDO, UNCTAD and the ILO. Her primary research interest is in issues of structural change, deindustrialization, and industrial development.
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A detailed analysis of industrial development in South Africa, including detailed sector studies Includes contributions by leading experts in the field of industrial development, as well as new empirical investigations into premature deindustrialization, global value chains, and capabilities Locates industrial development and structural transformation in the broader context of patterns of economic change, interests, and economic power An open access title available under the terms of a CC BY-NC-ND 4.0 licence
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Produktdetaljer

ISBN
9780192894311
Publisert
2021
Utgiver
Vendor
Oxford University Press
Vekt
766 gr
Høyde
240 mm
Bredde
164 mm
Dybde
29 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
416

Biographical note

Antonio Andreoni is Associate Professor of Industrial Economics at University College London and Head of Research at the UCL Institute for Innovation and Public Purpose. He is Visiting Associate Professor in the Fourth Industrial Revolution, SARChI Industrial Development, University of Johannesburg. Antonio has researched and published extensively on production, technological change, and innovation dynamics; structural change, global value chains and industrial development; financialisation and corruption; governance and political economy of industrial policy. Antonio is an Editor of The European Journal of Development Research. He consults to various international organisations such as UNIDO, UNCTAD, UNDP, ILO, World Bank and OECD. Pamela Mondliwa is a Senior Managing Consultant at Berkeley Research Group (BRG) and a Research Associate at the Centre for Competition, Regulation and Economic Development (CCRED), University of Johannesburg. She has worked across consulting, academia, and policy on issues related to competition, economic regulation, industrial development, and regional economic development. Pamela has provided research support to various government departments in South Africa as well as international organisations. She advises competition authorities and private clients on competition and economic regulation cases. Prior to joining BRG, she was a Senior Researcher at CCRED and an Economist at the Competition Commission of South Africa. Simon Roberts is a Professor of Economics at the University of Johannesburg, where he founded the Centre for Competition, Regulation and Economic Development (CCRED), and a visiting Professor at the UCL Institute for Innovation and Public Purpose. He has worked extensively on issues of industrial development, trade, regional and global value chains, competition, and economic regulation in Southern and East Africa, advising governments, competition authorities and regulators. He was an Economics Director at the UK Competition and Markets Authority (2019 to 2020) and Chief Economist at the Competition Commission of South Africa from 2006 to 2012. Fiona Tregenna holds the DSI/NRF South African Research Chair (SARChI) in Industrial Development and is a Professor of Economics at the University of Johannesburg. She has a Ph.D. in Economics from the University of Cambridge. Fiona is a part-time Member of the Competition Tribunal where she adjudicates competition (anti-trust) cases, and serves on a number of boards, advisory panels and councils, including the Presidential Economic Advisory Council. She consults to various research institutes and international organisations such as UNIDO, UNCTAD and the ILO. Her primary research interest is in issues of structural change, deindustrialization, and industrial development.