State Owned Enterprises In South Africa: A Pinocchio Paradox

Priviledge Cheteni and Yohane Khamfula

MPRA Paper from University Library of Munich, Germany

Abstract: The state plays an important role in the South African economy. SOEs viability is projected to be a pivotal part in leading the transformation agenda by a number of departments because they are spearheading economic development. Nevertheless, the rapid ascendency of SOEs in driving economic growth has been with negative consequences for the South African economy, with a number of them being viewed as driving nepotism, corruption and non-aligned state agendas. This has led to conflicts with market driven economic development of the South African economy, and hindering competition between the state-owned enterprises and private-owned enterprises.

Keywords: crowding out; economic growth; state owned; south africa (search for similar items in EconPapers)
JEL-codes: H0 O1 (search for similar items in EconPapers)
Date: 2018-01-01, Revised 2018-08-31
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