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

by Graham A. Davis

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...

• Format: Hardcover
• Language: English
• ISBN: 0275948145
• ISBN13: 9780275948146
• Release Date: May 1994
• Publisher: Praeger
• Length: 168 Pages
• Weight: 0.91 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"