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The role for competition policy in economic development: the South African experience

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  • Simon Roberts

Abstract

Competition policy is part of the new international orthodoxy in economic policy and, at the same time, was viewed in South Africa as a crucial element of economic transformation. This article reviews the role of competition policy in economic development and the experiences of developing countries such as Brazil and South Korea. It then assesses the effects of competition policy in South Africa after 1994, with the main focus being on the performance of the new competition institutions established in 1999. The case of the steel industry is used to assess the approach and impact of the institutions in a concentrated sector that has simultaneously undergone processes of liberalisation and domestic consolidation.

Suggested Citation

  • Simon Roberts, 2004. "The role for competition policy in economic development: the South African experience," Development Southern Africa, Taylor & Francis Journals, vol. 21(1), pages 227-243.
  • Handle: RePEc:taf:deveza:v:21:y:2004:i:1:p:227-243
    DOI: 10.1080/0376835042000181499
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    Cited by:

    1. Fosu, Samuel, 2013. "Capital structure, product market competition and firm performance: Evidence from South Africa," The Quarterly Review of Economics and Finance, Elsevier, vol. 53(2), pages 140-151.
    2. Richard J. Grimbeek & Sunel Grimbeek & Steven F. Koch, 2011. "The Consistency of Merger Decisions in a Developing Country: The South African Competition Commission," Working Papers 201117, University of Pretoria, Department of Economics.
    3. 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.
    4. Matt Andrews, 2008. "Is Black Economic Empowerment a South African Growth Catalyst? (Or Could it Be...)," CID Working Papers 170, Center for International Development at Harvard University.
    5. Samuel Fosu, 2013. "Capital Structure, Product Market Competition and Firm Performance: Evidence from South Africa," Discussion Papers in Economics 13/11, Department of Economics, University of Leicester.

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