A strategic view of South African trade in policy in relation to the future global trading environment

 

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dc.creator Edwards, Lawrence
dc.creator Robert, Lawrence
dc.date 2014-06-30T14:03:42Z
dc.date 2014-06-30T14:03:42Z
dc.date 2012
dc.date.accessioned 2015-05-28T10:06:44Z
dc.date.available 2015-05-28T10:06:44Z
dc.date.issued 2015-05-28
dc.identifier Edwards, L. & Lawrence, R. (2012). A strategic view of South African trade in policy in relation to the future global trading environment, South African Journal of International Affairs, 19(3): 277-298.
dc.identifier http://www.tandfonline.com/doi/full/10.1080/10220461.2012.740176
dc.identifier http://hdl.handle.net/11090/757
dc.identifier.uri http://hdl.handle.net/11090/757
dc.description This paper puts forward a strategic view of what South African trade policy should be doing in relation to the future global trading environment. The future is uncertain, but if the past is prologue, South African trade policy needs to be positioned for a continuation of the commodity cycle, and to exploit markets in emerging economies, including Africa, more fully. Simultaneously, it needs policies to spur labour-intensive services and manufacturing exports, both because these will be needed if commodity markets are less robust and because of their employment-creating potential. South Africa's current strategy, however, is inflexible, heavily focused on domestic concerns and is in danger of placing South African exporters at a disadvantage in accessing the growing emerging economies. It also gives rise to an inherent tension between the interests of South Africa and the African region in trade negotiations. Having as the central tenet of trade policy a commitment to deal with tariffs on a case-by-case basis will not serve South Africa well in the global economy that is likely to emerge over the next 15 years. A simpler tariff structure would facilitate the conclusion of free trade agreements and actually make industrial policy more effective.
dc.language en
dc.publisher South African Journal of International Affairs
dc.subject South Africa
dc.subject International trade
dc.subject Trade policy
dc.subject Industrial policy
dc.subject Trade tariffs
dc.title A strategic view of South African trade in policy in relation to the future global trading environment
dc.type Journal Article en_ZA
uct.type.publication Research en_ZA
uct.type.resource Article en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department SALDRU en_ZA


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