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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Improving Manufacturing Performance in South Africa: A Contrary View
Author:Bell, Trevor
Year:1995
Periodical:Transformation: Critical Perspectives on Southern Africa
Issue:28
Pages:1-34
Language:English
Geographic term:South Africa
Subjects:industry
industrial development
Development and Technology
Economics and Trade
Labor and Employment
External link:https://d.lib.msu.edu/tran/274/OBJ/download
Abstract:The report of the Industrial Strategy Project (ISP), published in 1995, represents a major attempt to address the causes of the deterioration in the performance of the manufacturing sector in South Africa, and the requirements for a substantial improvement. The present article considers the analytical and policy issues raised by the ISP report. It discusses the crucial questions of South Africa's productivity growth record, and the determinants of manufacturing productivity growth. It considers some other sources of the problems of the manufacturing industry, suggested by the ISP report, and proposes an alternative perspective on the deterioration in the performance of the South African manufacturing industry. In the light of this alternative, the article redefines the nature of the obstacles to industrial revival, shifting away from the emphasis on microlevel factors found in the ISP report, to the broader task of economic restructuring, and considers the outlook for export expansion. Finally, the article considers the importance of the import side of the balance of trade and comments on some aspects of the ISP's supply-side industrial policy proposals, followed by concluding remarks. Bibliogr., notes, ref.
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