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

dc.creatorEdwards, Lawrence
dc.creatorRobert, Lawrence
dc.date2014-06-30T14:03:42Z
dc.date2014-06-30T14:03:42Z
dc.date2012
dc.date.accessioned2015-05-28T10:06:44Z
dc.date.available2015-05-28T10:06:44Z
dc.date.issued2015-05-28
dc.descriptionThis 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.identifierEdwards, 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.identifierhttp://www.tandfonline.com/doi/full/10.1080/10220461.2012.740176
dc.identifierhttp://hdl.handle.net/11090/757
dc.identifier.ris TY - Journal Article DA - 2015-05-28 DB - OpenUCT DP - University of Cape Town KW - South Africa KW - International trade KW - Trade policy KW - Industrial policy KW - Trade tariffs LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - A strategic view of South African trade in policy in relation to the future global trading environment TI - A strategic view of South African trade in policy in relation to the future global trading environment UR - http://hdl.handle.net/11090/757 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11090/757
dc.languageen
dc.publisherSouth African Journal of International Affairs
dc.publisher.departmentSALDRUen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subjectSouth Africa
dc.subjectInternational trade
dc.subjectTrade policy
dc.subjectIndustrial policy
dc.subjectTrade tariffs
dc.titleA strategic view of South African trade in policy in relation to the future global trading environment
dc.typeJournal Article
uct.type.publicationResearchen_ZA
uct.type.resourceArticleen_ZA
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