Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea

South Africa is a country that has experienced premature deindustrialisation due to its inability to move out of middle-income status. The role of industrial policy in South Africa is pivotal to taking the country to greater economic heights and a higher-income status. South Africa’s historical con...

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Main Author: Botlhale Modisaotsile
Format: Article
Language:English
Published: University of Johannesburg 2025-01-01
Series:The Thinker
Subjects:
Online Access:https://journals.uj.ac.za/index.php/The_Thinker/article/view/3947
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author Botlhale Modisaotsile
author_facet Botlhale Modisaotsile
author_sort Botlhale Modisaotsile
collection DOAJ
description South Africa is a country that has experienced premature deindustrialisation due to its inability to move out of middle-income status. The role of industrial policy in South Africa is pivotal to taking the country to greater economic heights and a higher-income status. South Africa’s historical context indicates that the country experienced its highest GDP growth rates during the apartheid economy. Since the demise of apartheid, the post-apartheid economy has experienced poverty and economic inequality that the South African government cannot eradicate. This research addresses the failure of South Africa to overcome premature deindustrialisation, and it discusses the state of the political economy and economic growth in a pre-apartheid and post-apartheid context. The thesis also addressed the significance of industrial policy through the establishment of the Industrial Policy Action Plan (IPAP). The shortcomings and successes of IPAP form a critical part of the research and present an analysis of different economic sectors. This research also assesses the state of industrial policy using two countries as case studies: Brazil and South Korea.
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spelling doaj-art-d9ebac7251d641658c262cfd9af9ab282025-01-30T09:01:18ZengUniversity of JohannesburgThe Thinker2075-24582616-907X2025-01-01101410.36615/c8bqs993Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South KoreaBotlhale Modisaotsile0Rhodes University South Africa is a country that has experienced premature deindustrialisation due to its inability to move out of middle-income status. The role of industrial policy in South Africa is pivotal to taking the country to greater economic heights and a higher-income status. South Africa’s historical context indicates that the country experienced its highest GDP growth rates during the apartheid economy. Since the demise of apartheid, the post-apartheid economy has experienced poverty and economic inequality that the South African government cannot eradicate. This research addresses the failure of South Africa to overcome premature deindustrialisation, and it discusses the state of the political economy and economic growth in a pre-apartheid and post-apartheid context. The thesis also addressed the significance of industrial policy through the establishment of the Industrial Policy Action Plan (IPAP). The shortcomings and successes of IPAP form a critical part of the research and present an analysis of different economic sectors. This research also assesses the state of industrial policy using two countries as case studies: Brazil and South Korea. https://journals.uj.ac.za/index.php/The_Thinker/article/view/3947Industrial PolicyPost-Apartheid South AfricaTechnologyBrazilSouth Korea
spellingShingle Botlhale Modisaotsile
Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
The Thinker
Industrial Policy
Post-Apartheid South Africa
Technology
Brazil
South Korea
title Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
title_full Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
title_fullStr Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
title_full_unstemmed Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
title_short Industrial Policy in Post-Apartheid South Africa: An Outlook on Technology and Industrial Policy in the cases of Brazil and South Korea
title_sort industrial policy in post apartheid south africa an outlook on technology and industrial policy in the cases of brazil and south korea
topic Industrial Policy
Post-Apartheid South Africa
Technology
Brazil
South Korea
url https://journals.uj.ac.za/index.php/The_Thinker/article/view/3947
work_keys_str_mv AT botlhalemodisaotsile industrialpolicyinpostapartheidsouthafricaanoutlookontechnologyandindustrialpolicyinthecasesofbrazilandsouthkorea