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State Owned Enterprises In South Africa: A Pinocchio Paradox

Author

Listed:
  • Cheteni, Priviledge
  • Khamfula, Yohane

Abstract

The state plays an important role in the South African economy. SOEs viability is projected to be a pivotal part in leading the transformation agenda by a number of departments because they are spearheading economic development. Nevertheless, the rapid ascendency of SOEs in driving economic growth has been with negative consequences for the South African economy, with a number of them being viewed as driving nepotism, corruption and non-aligned state agendas. This has led to conflicts with market driven economic development of the South African economy, and hindering competition between the state-owned enterprises and private-owned enterprises.

Suggested Citation

  • Cheteni, Priviledge & Khamfula, Yohane, 2018. "State Owned Enterprises In South Africa: A Pinocchio Paradox," MPRA Paper 127217, University Library of Munich, Germany, revised 31 Aug 2018.
  • Handle: RePEc:pra:mprapa:127217
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    File URL: https://mpra.ub.uni-muenchen.de/127217/1/MPRA_paper_127217.pdf
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    References listed on IDEAS

    as
    1. Miyamoto, Katsuhiro & Yu, Jinping, 2000. "Macroeconomic Policy and Ownership Structure in a Mixed Transition Economy," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 762-785, December.
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    JEL classification:

    • H0 - Public Economics - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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