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Three Years after Apartheid: Growth, Employment and Redistribution?

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  • Michie, Jonathan
  • Padayachee, Vishnu
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    Abstract

    In 1994 South Africa's first ever democratic elections gave the African National Congress (ANC) an overwhelming majority, with Nelson Mandela as President. This article reviews developments since then. It describes the economy at the beginning of the transition from apartheid, the policy initiatives of the new government, and the development of the economy over the three years following the 1994 elections. It analyzes critically the government's 1996 'Growth, Employment and Redistribution' policy. It also discusses the shifts which have occurred in ANC economic thinking since 1990. Copyright 1998 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

    Volume (Year): 22 (1998)
    Issue (Month): 5 (September)
    Pages: 623-35

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    Handle: RePEc:oup:cambje:v:22:y:1998:i:5:p:623-35

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    Cited by:
    1. Isaacs, Gilad, 2014. "The myth of “neutrality” and the rhetoric of “stability”: macroeconomic policy in democratic South Africa," MPRA Paper 54426, University Library of Munich, Germany.
    2. Kevin S. Nell, 2000. "Is Low Inflation a Precondition for Faster Growth? The Case of South Africa," Studies in Economics, Department of Economics, University of Kent 0011, Department of Economics, University of Kent.
    3. J. Robert Branston & Roger Sugden & Pedro Valdez & James Wilson, 2006. "Generating Participation and Democracy: An Illustration from Electricity Reform in Mexico," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(1), pages 47-68.
    4. Andrews, Matthew, 2008. "Is Black Economic Empowerment a South African Growth Catalyst? (Or Could It Be...)," Working Paper Series rwp08-033, Harvard University, John F. Kennedy School of Government.

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