South African Managed Trade Policy

The Wasting of a Mineral Endowment

Inbunden, Engelska, 1994

1 119 kr

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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.

Produktinformation

Utgivningsdatum1994-05-25
Mått161 x 240 x 14 mm
Vikt423 g
FormatInbunden
SpråkEngelska
Antal sidor168
FörlagBloomsbury Publishing Plc
ISBN9780275948146

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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