The RDP: is it in good company?

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Periodical article

Title:	The RDP: is it in good company?
Author:	Black, P.A.
Year:	1995
Periodical:	South African Journal of Economics
Volume:	63
Issue:	4
Pages:	544-555
Language:	English
Geographic term:	South Africa
Subjects:	economic policy national plans
External link:	https://doi.org/10.1111/j.1813-6982.1995.tb01054.x
Abstract:	South Africa's Reconstruction and Development Programme (RDP) is based on the strategy of 'growth through redistribution', the idea that the redirection of the national budget into public investment in infrastructure, training and development, will create both opportunities and markets for the business community. This article shows that the RDP is not alone in its attempts to accomplish this seemingly ambitious task. The article begins by considering the philosophical underpinnings of the RDP, arguing that the overwhelming enthusiasm with which it has been received effectively amounts to an endorsement of the Rawlsian principles of justice. This is followed by a discussion of the 'growth through redistribution' hypothesis in terms of both 'new growth theory' and Amartya Sen's work on the 'means and ends' of economic development. The final section discusses the RDP's ability to deliver the proverbial goods. There is little doubt that the RDP will stand or fall by its ability to meet the expectations of the communities whose quality of life is supposed to improve. Bibliogr.