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|Leiden University catalogue
|Trade reform in Southern Africa: vision 2014?
|City of publisher:
Swaziland - Eswatini
|The global setting, the regional dynamics and South Africa's internal political economy have all been important determinants of the country's trade and industrial policy choices, and will continue to be important in the future. This collective volume begins with the international setting, in a chapter by Razeen Sally in which he assesses the political economy of trade liberalization in developing countries since the 1980s. Mzukisi Qobo then assesses South Africa's developmental State debate. Philip Alves and Lawrence Edwards explore the political economy of South Africa's unilateral trade liberalization episode, which ran from about 1995 to 2000, and places the debate over trade liberalization in the context of South Africa's transition to democracy. They also review the evidence of the impact these reforms have had, concluding that while explosive growth has obviously not resulted, trade liberalization has been a critical driver of new growth and diversification since 1994. Ron Sandrey introduces the critical regional dimensions of South Africa's evolving economic policies, focusing largely on the trade negotiations in which the Southern African Customs Union countries are involved. He concludes that the current SACU trade regime, combined with the regional dominance of South Africa, restricts the trade policy space of the BLNS countries (Botswana, Lesotho, Namibia, Swaziland). The concluding chapter, by Philip Alves, looks at Southern African trade policy to 2014. [ASC Leiden abstract]