The South African Economy: Coping with the Legacy of Apartheid

 
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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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Case Details:

Price:

Case Code : ECON018 For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Themes

Corporate Social Responsibility

Themess

-
Case Length : 19 Pages
Period : 1994-2007
Pub Date : 2007
Teaching Note : Not Available
Organization : -
Industry : -
Countries : South Africa

Abstract:

The South African economy is characterized by extreme income disparity along racial lines. Many blacks are unemployed and poor, while most whites are better off. This uneven distribution of wealth is the direct result of the apartheid system that was followed by the government between 1948 and 1994. The case chronicles the state of the South African economy from the 1950s, when many apartheid laws were passed, till the mid-2000s, when the economy was showing good growth. It discusses some of the policy initiatives taken by the ANC government after coming to power in 1994 and the implications of these policies for the South African economy.

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It also discusses the criticisms against the government's policies. The case ends with a discussion on the future prospects of the South African economy.

Issues:

Learn more about the apartheid system that was practiced in South Africa and the effects of the system on the country's economy

Learn more about the problem of economic disparity between population groups in South Africa

Understand the significance of governmental policy initiatives and their effect on an economy

Critically analyze the various policy initiatives taken by the South African government to address the economic disparities

Evaluate the future prospects of the South African economy

Contents:

  Page No.
Introduction 1
Background Note 2
The South African Economy in the Apartheid Era 3
The Economy in the Post-Apartheid Era 5
The Policy Initiatives 6
Subsequent Policy Initiatives 10
Outlook 11
Exhibits 13

Keywords:

South African economy, Income disparities, Macroeconomic policy , Apartheid, Reconstruction and Development Programme, Growth, Employment and Redistribution Policy, Inflation , Government policy

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