Structural transformation, inequality, and inclusive growth in South Africa
Haroon Bhorat (),
Morne Oosthuizen and
Amy Thornton ()
No wp-2020-50, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
This paper evaluates structural change, inequality dynamics, and industrial policy in South Africa between 1960 and the present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before entering a period of premature deindustrialization. Today, the services sector has become the primary driver of growth and employment in the country, while the agriculture, mining, and manufacturing sectors have declined in relative importance.
Keywords: Structural transformation; Inclusive growth; South Africa; Industrial policy; Inequality (search for similar items in EconPapers)
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