EconPapers    
Economics at your fingertips  
 

Working Paper 150 - South Africa’s Quest for Inclusive Development

Mthuli Ncube (), Abebe Abebe and Audrey Chouchane ()

Working Paper Series from African Development Bank

Abstract: The end of apartheid in 1994 ushered in a new era in South Africa and with it came the challenge of building a democratic, inclusive and stable society. The government led by the African National Congress initially followed a neoliberal stance to manage the economy and a redistributive strategy to close the income disparity with a streak of a developmental state. These two tracks were at times at odds with each other. The last decade has shown widening inequality and slow progress in addressing poverty, deprivations and other dimensions of wellbeing. Economic growth resulted in huge regional disparities and left a large middle-class vulnerable to uncertainties. In response, the government adopted an ambitious strategy called the New Growth Path that combined the goal of strong economic growth, job creation and broad economic opportunity in one coherent framework. This effort towards greater inclusion is not without challenges.

Date: 2012-05-28
New Economics Papers: this item is included in nep-afr and nep-pke
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.afdb.org/fileadmin/uploads/afdb/Docume ... opment%20B%20(2).pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adb:adbwps:391

Access Statistics for this paper

More papers in Working Paper Series from African Development Bank African Development Bank Group, Avenue Joseph Anoma, 01 BP 1387 Abidjan 01, Côte d'Ivoire. Contact information at EDIRC.
Bibliographic data for series maintained by Adeleke Oluwole Salami ().

 
Page updated 2025-04-03
Handle: RePEc:adb:adbwps:391