The experience of economic redistribution: The growth, employment and redistribution strategy in South Africa
2017-12-16 15:00:00 Viewed: 10169 Downloads: 2110-
The experience of economic redistribution: The growth, employment and redistribution strategy in South Africa
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Pub: 2017-12-16 15:00:00
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The emergence of democratic South Africa in 1994 from the tragedy and devastation of apartheid is one of the most signi? cant events of the past century, and remains inspirational to millions of oppressed people throughout the world. Despite predictions of intensi? ed violence and possibly civil war, the predominantly peaceful transition from a racially based police state to a strong global voice for democracy is a remarkable achievement. Clarence Tshitereke has written an important and wellresearched book on the experiences with economic policy debates and directions, and the triumph of neoliberalism as the dominant development paradigm. To support the analysis, he examines the history of the country’s gold mining industry and its in? uence, not only in shaping repressive apartheid laws and institutions, also in moulding the postapartheid economic environment.
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Keywords
South Africa
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Keywords
Current account deficit; Business cycle; countercyclical; procyclical; Quantile regression