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Original Articles

Neoliberalism and the Political Economy of the 'New' South Africa

Pages 21-40 | Published online: 18 Aug 2010

References

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  • Waldmeir . “ Anatomy of a Miracle ” . 213
  • The budget deficit rose from 0.9 per cent of GDP in 1989-90 to 10.8 per cent in 1993-94. This directly contributed to the stock of government debt rising from approximately R100 billion to R250 billion. See Gavan Duffy, cited in 'On Macro-economic Policy' at . Interestingly, this increase in debt of R150 billion could have covered expenditure for essential services in South Africa for nearly twenty years. Business Day (Johannesburg) estimated it would require R90 billion for ten years. 15 September 1998 http://www.aidc.org.za/themba/on_macro_eco_pol.html (http://www.aidc.org.za/themba/on_macro_eco_pol.html)
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  • Habib , Adam . 1996 . 'Defeat in Victory: A Macro-study of the Transition to Democracy in South Africa' , 101 City University of New York . PhD dissertation in progress,
  • Michie and Padayachee . “ The Political Economy of South Africa's Transition ” . 230 . Emphasis added.
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  • 1994 . Financial Times (London) , 7 May
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  • 1995 . Weekly Mail and Guardian (Johannesburg) , 17 March
  • 1994 . Financial Mail (Johannesburg) , 9 September
  • Marais . “ South Africa: Limits to Change ” . 158
  • Ibid., p. 158.
  • Michie , Jonathan and Padayachee , Vishnu . “ 'The South African policy debate resumes' ” . In The Political Economy of South Africa's Transition Edited by: Michie and Padayachee . 228
  • Marais . “ South Africa: Limits to Change ” . 158
  • August 1998 . The Labour Left Collective, COSATU, the SACP and the ANC: The Parting of the Ways? , Read, Act & Struggle Series, No. 1 August , 11
  • For a more detailed discussion of the RDP's genesis, see Lodge, 'Policy Processes within the African National Congress and the Tripartite Alliance'.
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  • Ibid.
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  • 1995 . Financial Mail (Johannesburg) , 6 October
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  • 'Growth, Employment and Redistribution: A Macro-economic Strategy', unpublished, 1996. For the rather limited official debate that greeted GEAR's arrival, see Debates of the National Assembly, 14 June 1996, Cols. 3041-3099.
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  • Heribert . “ Comrades in Business ” . 161
  • James Heintz, National Labour and Economic Development Institute, 'GEAR: A Labour Perspective' at http://www.und.ac.za/und/indic/archives/indicator/spring97/HEINZ5.html (http://www.und.ac.za/und/indic/archives/indicator/spring97/HEINZ5.html)
  • National Institute for Economic Policy . 1996 . From the RDP to GEAR: The Gradual Embracing of Neo-liberalism in Economic Policy , 2 NIEP .
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  • Nattrass . 'Gambling on Investment' . 29
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  • Lodge . 'Policy Processes within the African National Congress and the Tripartite Alliance' . 27
  • Terreblanche . 'The Ideological Journey' . 16 Of the other committee members, three were from the Development Bank of South Africa, two from South Africa's Reserve Bank and one from each of the Departments of Trade and Industry and Finance. See
  • Wharton Economic Forecasting Associates . 1999 . Sunday Times (Johannesburg) , 11 July : 7 See the results from the latest 'Gini co-efficients' from
  • Pillay , Vella . 1996 . The Natal Mercury (Durban) , 6 March

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