The 1990s were the decade of transition from white rule to black rule in South Africa. In the political sphere the transition was dramatic. In the economic sphere less so, yet the effects were and are likely to be far more far reaching. It is the economic impacts which are likely to determine the future of the country.

With the exception of the diamond-rich Botswana, all the countries of Africa which underwent the transition from white to black rule experienced economic decline. Is this to be the fate of South Africa? How was and is South Africa’s historical role as the world’s leading gold producer affected by the transition? Why did some economic policies succeed and others fail? This book, by leading authorities in the field, attempts to answer these and other related questions.

Introduction – Stuart Jones
PART I: OVERVIEW OF THE PERIOD
1. Overview of the economy – Philip Mohr
PART II: ECONOMY
2. Agriculture – Nick Vink
3. Mining – Stuart Jones
4. Manufacturing – Colin McCarthy
5. Motor vehicle industry – Anthony Black
6. Chemical industry with particular reference to Sasol – Grietjie Verhoef
7. Electricity – Anton Eberhard
8. Transport – Trevor Jones
9. Banking – Stuart Jones
10. Insurance and retirement industry – Robert W. Vivian
11. Stock exchange and capital markets – Stuart Jones
12. Information technology – Stuart Jones
13. Retail sector – Stuart Jones
14. Tourism industry – Gillian Saunders
15. Public sector-state incapacity – Elsabe Loots
16. External trade – Stuart Jones
17. South African balance of payments – Philip Mohr
PART III: POLICY
18. Demographic change – Charles Simkins
19. Fiscal policy – Estian Calitz and Krige Siebrits
20. Monetary policy – Roger Gidlow
21. Trade policy – Stuart Jones
22. Agricultural and land policy – Nick Vink and Ruth Hall
23. Mineral and energy policy – Stuart Jones
24. Environmental policy – Anthony Lumby
25. Black economic empowerment – Philip Black, Rachel Jafta and Rulof Burger
26. Competition policy – Stuart Jones
27. Labour policy – Frans Barker
28. Dialogue on policy between government, labour and business – Raymond Parsons
PART IV
Conclusions – Stuart Jones
Index

Stuart Jones Robert W. Vivian