The Evolution and Impact of Industrial and Competition Policies

Anthony Black, Simon Roberts

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

6 Citations (Scopus)

Abstract

This chapter focuses on industrial policy and performance and on manufacturing industry in particular. It argues that performance since 1994 has been characterized by the perpetuation from the apartheid years of the superior performance of capital-intensive industries, high levels of concentration, and weak competitive rivalry. Industrial policy has been relatively unfocused and in practice has had little impact on the economy's development path, while the privatization and regulation of utilities has also been flawed. Competition policy has been relatively more successful, though major challenges remain.

Original languageEnglish
Title of host publicationSouth African Economic Policy under Democracy
PublisherOxford University Press
ISBN (Electronic)9780191720376
ISBN (Print)9780199551460
DOIs
Publication statusPublished - 1 May 2009
Externally publishedYes

Keywords

  • Competition policy
  • Economic policy
  • Industrial policy
  • Manufacturing industry
  • South Africa
  • Trade policy

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (all)

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