Since 1925, import substitution programs have diverted South Africa's mineral revenues away from efficient investments and into the creation of an uncompetitive manufacturing sector. Protection has recently been augmented by a General Export Incentive Scheme that was designed to increase manufacturing exports. A multisector general equilibrium analysis shows the export scheme is highly complex with unusual and undesirable structural effects, seeming little more than a continuation of social engineering of the past. This work provides a definitive analysis of past and present South African trade policy, using a methodology of interest to other trade and development researchers operating in similarly spare informational environments.
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Verlagsort
Verlagsgruppe
Bloomsbury Publishing Plc
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Maße
Höhe: 240 mm
Breite: 161 mm
Dicke: 14 mm
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ISBN-13
978-0-275-94814-6 (9780275948146)
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Schweitzer Klassifikation
GRAHAM A. DAVIS is Assistant Professor in the Mineral Economics Department at the Colorado School of Mines. Dr. Davis has lived and taught in South Africa.
Acknowledgments List of Illustrations Introduction A Brief Review of the Trade Policy Debate The History of Managed Trade in South Africa A New Trade Policy: Out of the Pan and into the Fire The General Export Incentive Scheme The Regional Effects of the GEIS Delimiting the Theory of Comparative Advantage: South Africa's Heckscher-Ohlin Goods A Search for Unexploited Comparative Advantage in South African H-O Manufactures The Empty Economics in South Africa's Industrial Policy Summary and Conclusions Appendix A: The General Export Incentive Scheme (GEIS) Works Cited Index
