Political economy of port institutional and pricing reform in South Africa

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dc.contributor.advisorLevy, Brianen_ZA
dc.contributor.authorZulu, Jessicah Maneyaen_ZA
dc.date.accessioned2014-10-17T10:08:24Z
dc.date.available2014-10-17T10:08:24Z
dc.date.issued2014en_ZA
dc.descriptionIncludes bibliographical referencesen_ZA
dc.description.abstractThe late 1970's witnessed many countries in the developing world shifting away from earlier models of development which were built around Import Substitution Industrialisation (lSI). These countries were experiencing economic problems which are common to the application of lSI policy particularly, high cost domestic production and overvalued exchange rates (Rodriguez, 2003). In this regard, many developing countries moved increasingly towards export-led growth strategies and trade policies which encouraged private sector competitiveness in a global economy - a model laid out in the "Washington Consensus". This model comprises a set of broad free market economic ideas which advocate macroeconomic stability, free trade, floating exchange rates and free markets to help improve economic welfare under uncertain conditions (Williamson, 2004). In the case of South Africa, also a developing country, similar challenges were experienced with the adoption of the lSI policy. Gross Domestic Product (GOP) and investment rates were low, exports of goods and services were volatile and at times negative and the external capital account had been in deficit since the 1970's (Department of Trade and Industry [DTI], 2008). Furthermore, exports were highly concentrated around mineral commodities and the tariff regime was indiscriminatingly protective of the domestic industry (DTI, 2008). The lSI policy, coupled with the sanctions against apartheid resulted in low levels of productivity and high levels of unemployment in the South African economy.en_ZA
dc.identifier.apacitationZulu, J. M. (2014). <i>Political economy of port institutional and pricing reform in South Africa</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/8519en_ZA
dc.identifier.chicagocitationZulu, Jessicah Maneya. <i>"Political economy of port institutional and pricing reform in South Africa."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2014. http://hdl.handle.net/11427/8519en_ZA
dc.identifier.citationZulu, J. 2014. Political economy of port institutional and pricing reform in South Africa. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Zulu, Jessicah Maneya AB - The late 1970's witnessed many countries in the developing world shifting away from earlier models of development which were built around Import Substitution Industrialisation (lSI). These countries were experiencing economic problems which are common to the application of lSI policy particularly, high cost domestic production and overvalued exchange rates (Rodriguez, 2003). In this regard, many developing countries moved increasingly towards export-led growth strategies and trade policies which encouraged private sector competitiveness in a global economy - a model laid out in the "Washington Consensus". This model comprises a set of broad free market economic ideas which advocate macroeconomic stability, free trade, floating exchange rates and free markets to help improve economic welfare under uncertain conditions (Williamson, 2004). In the case of South Africa, also a developing country, similar challenges were experienced with the adoption of the lSI policy. Gross Domestic Product (GOP) and investment rates were low, exports of goods and services were volatile and at times negative and the external capital account had been in deficit since the 1970's (Department of Trade and Industry [DTI], 2008). Furthermore, exports were highly concentrated around mineral commodities and the tariff regime was indiscriminatingly protective of the domestic industry (DTI, 2008). The lSI policy, coupled with the sanctions against apartheid resulted in low levels of productivity and high levels of unemployment in the South African economy. DA - 2014 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 T1 - Political economy of port institutional and pricing reform in South Africa TI - Political economy of port institutional and pricing reform in South Africa UR - http://hdl.handle.net/11427/8519 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/8519
dc.identifier.vancouvercitationZulu JM. Political economy of port institutional and pricing reform in South Africa. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2014 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/8519en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.titlePolitical economy of port institutional and pricing reform in South Africaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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