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 Periodical article |
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| Title: | Global economic trends: some implications for local communities in South Africa |
| Author: | Harrison, Philip |
| Year: | 1994 |
| Periodical: | Urban Forum |
| Volume: | 5 |
| Issue: | 1 |
| Pages: | 73-89 |
| Language: | English |
| Geographic term: | South Africa |
| Subjects: | subsistence economy rural economy economic development |
| External link: | https://link.springer.com/article/10.1007/BF03036593 |
| Abstract: | This paper first synthesizes the literature on global economic trends. It discusses these trends in terms of five categories: the globalization of economic relations and transactions; technological change; shifts in the organization of production; changes in the role and organization of labour; and changes in the nature of competition. The paper shows how shifts in the macroeconomy have brought about a new focus on localities and have served to sharpen competition between areas. It demonstrates also how economic trends have had spatial effects and have given rise to new patterns of uneven development. The paper then relates global trends to the specific South African context. South Africa is no longer sheltered from the effects of global change as sanctions have been lifted and trade barriers are being removed. This is having a destabilizing effect, forcing localities into sharp competition with each other. The problem for peripheral localities and marginal communities is that they do not have the capacity to play the entrepreneurial game. Spatial inequalities are therefore being accentuated. The challege is to empower poor regions, localities and communities to compete effectively in terms of the realities of global competition. Bibliogr. |