The long walk to economic freedom after apartheid, and the road ahead

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dc.contributor.authorFourie, Johan
dc.date.accessioned2017-07-03T08:55:58Z
dc.date.available2017-07-03T08:55:58Z
dc.date.issued2017
dc.description.abstractAs South Africa moves further away from the political transition of 1994, the economic history of the post-apartheid era is coming up for debate. The optimism generated by the ANC’s early successes must now, after more than two decades of democracy, be tempered by its conspicuous failures. Over the last eight years in particular, the material welfare of South Africans have declined across large parts of the income distribution and the most damage was done to the poorest. Not all is lost though. African growth, technological innovation and private-sector participation in public sector services offer credible opportunities for accelerated development, but will only be effective if policy-makers are cognizant of the political realities. Well-directed and cheap policy interventions, like family planning, early-childhood education, free Wi-Fi in urban centres, and work visas and citizenship to highly-qualified foreigners can have dramatic and long-term effects. Policies, such as a youth subsidy, free tertiary education and charter schools would be more expensive – and more difficult, politically – but they would clear some bottlenecks in the labour and education sectors. Unfortunately though, the long walk to economic freedom for many will continue along a road full of potholes.en_ZA
dc.description.versionPublisher's versionen_ZA
dc.identifier.citationFourie, J. (2017). The long walk to economic freedom after apartheid, and the road ahead. Journal for Contemporary History, 42(1), 59-80.en_ZA
dc.identifier.issn2415-0509 (online)
dc.identifier.issn0258-2422 (print)
dc.identifier.urihttps://dx.doi.org/10.18820/24150509/JCH42.v1.4
dc.identifier.urihttp://hdl.handle.net/11660/6438
dc.language.isoenen_ZA
dc.publisherFaculty of Humanities, University of the Free Stateen_ZA
dc.rights.holderFaculty of Humanities, University of the Free Stateen_ZA
dc.subjectSouth African economyen_ZA
dc.subjectDemocracyen_ZA
dc.subjectPost-apartheiden_ZA
dc.subjectPovertyen_ZA
dc.subjectInequalityen_ZA
dc.subjectGrowthen_ZA
dc.subjectDevelopmenten_ZA
dc.subjectThabo Mbekien_ZA
dc.subjectJacob Zumaen_ZA
dc.subjectTrevor Manuelen_ZA
dc.titleThe long walk to economic freedom after apartheid, and the road aheaden_ZA
dc.typeArticleen_ZA
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JCH 2017 Volume 42 Issue 1