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South African Managed Trade Policy : The Wasting of a Mineral Endowment, Hardback Book

South African Managed Trade Policy : The Wasting of a Mineral Endowment Hardback

Hardback

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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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£58.00

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