Development strategies in post-apartheid South Africa

Joachim Wehner

Africa Spectrum, 2000, vol. 35, issue 2, 183-192

Abstract: The article provides an overview of the development strategies adopted by South Africa's post-apartheid government. It argues that the initial vision of redistribution and state-led growth was replaced with a policy of fiscal restraint and market-led growth in 1996. The latter has largely been unsuccessful in achieving its goals. The conclusion proposes that an exclusive focus on fiscal restraint seems insufficient to deliver broad-based prosperity, and that increasing social and political pressure from factions within the governing alliance are likely to lead to a reorientation of development efforts.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:gig:afjour:v:35:y:2000:i:2:p:183-192

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