South African Economy: Trails and Possibilities

Vusi Gumede; Santos Bila; Mduduzi Biyase; Shonisani Chauke; Sodiq Arogundade

doi:10.1007/978-3-031-54180-3

South African Economy: Trails and Possibilities

Vusi Gumede
, Santos Bila
, Mduduzi Biyase
, Shonisani Chauke
, Sodiq Arogundade

School of Economics

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Citation (Scopus)

Abstract

The South African economy has largely performed below its potential. Although the size of the South African economy has significantly increased since 1994, its performance has lagged behind other comparable economies, and has even been overtaken by Nigeria as the largest economy in Africa. Unemployment, income inequality, and poverty have remained high since 1994. In the past decade, South African economic performance has been so poor that is has resulted in declining per capita incomes.

Original language	English
Title of host publication	African Histories and Modernities
Publisher	Palgrave Macmillan
Pages	1-203
Number of pages	203
DOIs	https://doi.org/10.1007/978-3-031-54180-3
Publication status	Published - 2024

Publication series

Name	African Histories and Modernities
Volume	Part F2862
ISSN (Print)	2634-5773
ISSN (Electronic)	2634-5781

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

Keywords

African National Congress
Growth, Employment and Redistribution (GEAR)
National Development Plan (NDP)
Nelson Mandela
New Growth Path (NGP)

ASJC Scopus subject areas

History
Arts and Humanities (miscellaneous)
Literature and Literary Theory

Access to Document

10.1007/978-3-031-54180-3

Cite this

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AU - Bila, Santos

AU - Biyase, Mduduzi

AU - Chauke, Shonisani

AU - Arogundade, Sodiq

N1 - Publisher Copyright: © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

PY - 2024

Y1 - 2024

N2 - The South African economy has largely performed below its potential. Although the size of the South African economy has significantly increased since 1994, its performance has lagged behind other comparable economies, and has even been overtaken by Nigeria as the largest economy in Africa. Unemployment, income inequality, and poverty have remained high since 1994. In the past decade, South African economic performance has been so poor that is has resulted in declining per capita incomes.

AB - The South African economy has largely performed below its potential. Although the size of the South African economy has significantly increased since 1994, its performance has lagged behind other comparable economies, and has even been overtaken by Nigeria as the largest economy in Africa. Unemployment, income inequality, and poverty have remained high since 1994. In the past decade, South African economic performance has been so poor that is has resulted in declining per capita incomes.

KW - African National Congress

KW - Growth, Employment and Redistribution (GEAR)

KW - National Development Plan (NDP)

KW - Nelson Mandela

KW - New Growth Path (NGP)

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M3 - Chapter

AN - SCOPUS:85213965397

T3 - African Histories and Modernities

SP - 1

EP - 203

BT - African Histories and Modernities

PB - Palgrave Macmillan

ER -

South African Economy: Trails and Possibilities

Abstract

Publication series

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this