Trade, growth and distribution in the South African economy

References

• Amsden , A . 1989 . Asia's next giant: South Korea and late industrialization , Oxford : Oxford University Press .
   Google Scholar
• Bell , T . 1992 . Should South Africa further liberalise its foreign trade? , Economic Trends Working Paper No 16 University of Cape Town .
   Google Scholar
• Bhagwati , J and Ramaswami , VK . 1963 . Domestic distortions, tariffs and the theory of optimum subsidy . Journal of Political Economy , February
   Web of Science ®Google Scholar
• 1995 . Business Day , 16 August Johannesburg,
   Google Scholar
• Cooper , R . 1971 . “ Currency devaluation in developing countries ” . In Essays in international finance, No 86 , Princeton University .
   Google Scholar
• Diaz‐Alejandro , C . 1963 . A note on the impact of devaluation and the redistributive effect . Journal of Political Economy , 71 : 577 – 80 .
   Web of Science ®Google Scholar
• Econometrix . 1995 . Ecobulletin , 17 October
   Google Scholar
• Fallon , PR and Pereira Da S1lva , LA . 1994 . South Africa ‐ economic performance and policies , World Bank Discussion Paper No 7 Washington DC
   Google Scholar
• Freund , B . 1991 . “ South African gold mining in transformation ” . In South Africa's economic crisis , Edited by: Gelb , S . Cape Town : David Philip .
   Google Scholar
• Gibson , B and Van Seventer , Den . 1995a . The DBSA macromodel , Halfway House : Development Bank of Southern Africa . (mimeo)
   Google Scholar
• Gibson , B and Van Seventer , Den . Restructuring public expenditure by function in the South African economy . Submission to the Macro‐economic Policy Framework Workshop . April , Pretoria .
   Google Scholar
• Gibson , B and Van Seventer , Den . 1996 . Toward a growth strategy for the South African economy . Development Southern Africa , (forthcoming).
   Google Scholar
• Helleiner , GK , ed. 1992 . Trade policy, industrialization and development , Oxford : Clarendon Press .
   Google Scholar
• Holden , M . 1988 . Trade policy in South Africa: An assessment of its effectiveness in the past and an extrapolation for the future , Working Paper November : Department of Economics, University of Natal .
   Google Scholar
• Holden , M and Holden , P . 1981 . The employment effects of different trade regimes in South Africa . South African Journal of Economics , 49 (3) : 232 – 40 .
   Web of Science ®Google Scholar
• Industrial Development Corporation (IDC) . 1995 . The impact of an investment‐led recovery on the balance of payments , Johannesburg : IDC .
   Google Scholar
• Industrial Strategy Project . 1995 . Improving manufacturing performance in South Africa , Cape Town : University of Cape Town Press .
   Google Scholar
• International Monetary Fund . 1995 . South Africa ‐ selected economic issues Unpublished background paper SM/95/9.
   Google Scholar
• Kahn , B , Senhadji , A and Walton , M . 1992 . South Africa: Macroeconomic issues for the transition , World Bank informal discussion papers on aspects of the South African economy, No 2 Washington DC
   Google Scholar
• Krugman , P and Taylor , L . 1978 . Contractionary effects of devaluation . Journal of International Economics , 8 : 445 – 56 .
   Web of Science ®Google Scholar
• Leger , J . 1991 . “ Coal mining: Past profits, current crisis? ” . In South Africa's economic crisis , Edited by: Gelb , S . Cape Town : David Philip .
   Google Scholar
• Makgetla , NS . 1995 . Reconciling fiscal discipline with a Utopian vision . Business Day , 28 April
   Google Scholar
• South African Reserve Bank . 1995 . Quarterly bulletin , March
   Google Scholar
• Taylor , L . 1983 . Structuralist macroeconomics , New York : Basic Books .
   Google Scholar
• Taylor , L . 1991 . Income distribution, inflation and growth: Lectures on structuralist macroeconomic theory , Cambridge : MIT .
   Google Scholar
• Van Seventer , Den . 1989 . Foreign trade regimes and employment in South Africa: An intertemporal comparison . Development Southern Africa , 5 (3) : 278 – 85 .
   Google Scholar
• Wade , R . 1990 . Governing the market: Economic theory and the role of government in East Asian industrialization , Princeton : Princeton University Press .
   Google Scholar
• The authors are grateful for constructive comments from Nick Vink, Andre Roux, Craig McKenzie, Diane Flaherty and especially Lance Taylor and Stephen Gelb, who collaborated on an earlier version of the model. The comments of two anonymous referees are also gratefully acknowledged. All views expressed in this article are those of the authors and not the Development Bank of Southern Africa.
   Google Scholar