SARChI

Stuck in the Middle: Premature deindustrialisation and industrial policy? South Africa's challenges in an international context

Stuck in the Middle: Premature deindustrialisation and industrial policy? South Africa's challenges in an international context

Benchmarking South Africa against international industrial performances and policy experiences offers an opportunity to identify those countries facing similar challenges and assess the extent to which their policy responses are feasible in the South African context, both from an economic and political economy perspectives. In this lecture two leading economists analyse the major global structural transformation underway in the industrial landscape, its impact on middle-income countries and the premature deindustrialisation trap.