These papers are open to bona fide application in writing to. Conquest,discrimination, anddevelopment cambridge university. Prior to the arrival of european settlers in the 15th century the economy of what was to become south africa was dominated by subsistence agriculture and hunting in the north, central and east of the country tribes of bantu peoples occupied land on a communal basis under tribal chiefdoms. South africas economic structure south african market. Sovereignty, finance and uneven development the history of south africa is strewn with extraordinary instances which link political repression of the majority, the intraelite struggle for national sovereignty, economic crisis. Centre for social science research social suveys unit. An economic history of south africa semantic scholar. This period of rapid economic growth and industriali zation saw industry overtaking the combined share of agriculture and mining. Charles feinstein, an economic history of south africa cambridge. Conquest, discrimination and development ellen mcarthur lectures feinstein, charles h. Conquest, discrimination and development by charles h. South africa stands out for being a highly unequal country, with these inequalities largely based along racial lines between the largest white minority in subsaharan africa ssa and the more numerous population of african origin.
To achieve its goal and to provide a dynamic, original, innovative and effective service to its clients, the department performs the following functions. This book provides a reliable introduction to the economic history of south africa. The small open economy model developed for south africa in this paper largely follows the lines of existing dsge models that are operational in central banks. In short, the share of mining in national output has more than halved in the postapartheid period. Feinsteins book tells this fascinating story in clear, if dry, prose. South africas economic structure south african market insights. Feinstein, reader in recent social and economic history charles h feinstein, feinstein charles h. Charles feinstein surveys five hundred years of south african economic history. Published by the friedrich ebert stiftung 34 bompas road. A thorough discussion of the last two decades of the apartheid period may be found in two issues of the south african journal of economic history, the precursor to the present journal, edited by. Writing 10 years after the formal demise of apartheid, feinstein has been able to set the. The cycle of economic growth was stimulated by the continual expansion of the mining industry, and with newfound wealth, consumer demand fueled higher levels of trade. Conquest, discrimination, and development charles h.
Economic history of south africa 05 by feinstein, charles h. Feinstein offers an authoritative survey of five hundred years of south african economic history from the years preceding european settlements in 1652 through to the end of the apartheid era. Growth constraints and policy mmcp discussion paper no 5. The economic policies upon which he intends to build south africa s economic future, are based mainly on a keynesian framework. Economic history the south african economic history society of. The major debate which took place from the 1970s between liberal historians and their marxianrevisionist opponents revolved around whether there was a functional relationship between the policies pursued by successive south african governments and the interests of capital. The south african economy had grown rapidly in the late nineteenth and early twentieth centuries, notwithstanding the disruption of. Africa by which we shall mean africa south of the sahara. An economic history of south africa pdf free download.
Policies to promote growth and employment in south africa executive summary introduction the most pressing problem facing south africa today is the absence of sustained economic growth and job creation, which are essential to reduce poverty and improve living conditions. Feinstein s an economic history of south africa is a welcome departure from this trend. The volume of goldbearing ore milled is taken as the real output for the south african gold mining sector, and national accounting base years are selected in terms of longterm price trends see t moll, 1992b. It may be of little relevance to south africas postapartheid era government that keynesian economic theories formed the economic basis of apartheid after the late 1950s. Aneconomichistoryofsouthafrica this book is the first economic history of south africa in over sixty years.
One of the more vexing issues within the economic policy terrain in postapartheid south. Other interesting observations is the fact that electricity, gas and water industry has dropped off slowly in terms. New directions in economic and social history, macmillan, 1989 hc 253. He charts the early phase of slow growth, and then the transformation of the economy as a result of the. These papers are open to bona fide application in writing. Feinstein, an economic history of south africa cambridge, 2005. Analysis of village survey data in east india, economic and political weekly, no. South africas fractured power elite roger southall 8995 words.
Economic history of south africa project gutenberg self. The political economy of the south african revolution bernard magubane the white man in south african colonies feels that the colony ought to be his and kept up for him, because he, perhaps, with his life in his hand, went forth as a pioneer to spread the civilization of europe and to cultivate the wilds of the worlds surface. This was the main consequence of its particular history. Thus harbours and airports being used more, leading to the growth in the importance of these sectors in south africa s economy. Economic research and statistics south african reserve bank. Centre for social science research social suveys unit the. Following this, south africa went through a period of premature. Firstly the share of mining in gdp stood at 11% in 1994, but has steadily declined over an eighteen year period to its current 5% in 2012.
Social and economic oxford university press, cape town, 1957. As can be seen from the graph during thabo mbekis tenure south africans enjoyed a surge in gdp per capita, while more recently the gdp per capita has remained relatively flat hardly any growth from 2010 to 2015. The purpose of the department is to support economic policy formulation by providing accurate economic information and wellconsidered research and recommendations. The south african economy had grown rapidly in the late nineteenth and early twentieth centuries, notwithstanding the disruption of the south african war.
This book is the first economic history of south africa in over sixty years. South africa enjoyed growth enhancing structural transformation until about the early 1970s. A useful discussion of how poor africa really was historically is. Hopkins, an economic history of west africa london, 1973. Thus harbours and airports being used more, leading to the growth in the importance of these sectors in south africas economy. The economic policies upon which he intends to build south africas economic future, are based mainly on a keynesian framework. Settlement patterns varied from the dispersed homesteads of the fertile coastal regions in the east, to the concentrated towns of the desert fringes in the west. The south african developmental state of the 1940s bill freund, university of kwazulunatal, economic history and development studies programme professor emeritus the developmental state in recent years, with eyes alerted to the.
Conquest, discrimination and development cambridge. Influence of parental education and family income on. Health and health care in south africa 20 years after. Charles feinstein, an economic historyofsouthafrica. These cultures, which were part of a broader african civilisation, predate european encroachment by several centuries. Ernest oppenheimer and the economic development of. From that point forward the economic history of south africa becomes, in essence, a story of how this unique combination of the indigenous population, european settlers, and mineral resources was brought together in a process of conquest, dispossession, discrimination and development to promote rapid economic progress p 3. Feinstein offers an authoritative survey of five hundred.
The first authoritative economic history of south africa, feinsteins. Feinstein offers an authoritative survey of five hundred years of south african economic history from the years preceding european. Feinsteins vision of south african economic history in the period before dutch settlement in 1652 is standard. The increased openess of south africa s economy lead to a surge in trade with the rest of the world. Beyond the elimination of legislated racial policies, advances in south africa during the past 20 years include substantial economic growth, an expansion of the black african middle class, and a.
South african mining equipment and related services. In short, the share of mining in national output has more than. African economic history was founded in 1974 by the african studies program at the university of wisconsin and subsequently has also been associated with the harriet tubman institute for research on africa and its diasporas at york university. Jun 23, 2005 this book is the first economic history of south africa in over sixty years.
The increased openess of south africas economy lead to a surge in trade with the rest of the world. This is an open access article distributed under the terms of the. Conquest, discrimination and development ellen mcarthur lectures by feinstein, charles h. South africas economic history south african market insights. It is a generally accessible account that follows 450 years of the political and social history of white. Internal development and external dependency london, 1987. Conquest, discrimination and development, new york. An economic history of south africa this book is the first economic history of south africa in over sixty years. It was an overwhelmingly pastoral economy and wealth was measured in the number of cattle men held. Influence of parental education and family income on children. A political risk analysis narrative preamble the goal of this publication is to inform the reader as to the nature of the political reality affecting economic policymaking and creating a sense of uncertainty in south africa, in. It is also the first comprehensive economic history of south africa to incorporate not only the. Feinstein s book tells this fascinating story in clear, if dry, prose. This urban research has been highly interdisciplinary, mainly.
Feinstein offers an authoritative survey of five hundred years of south african economic history from the years preceding european settlements in 1652 through to the postapartheid era. An economic history of south africa highlights the costs that have been imposed on the majority populations and the economy itself by the illogic of racial exploitation and the denial of educational and occupational opportunity. Anyone interested in south african history or general economic history will enjoy it. The paper is largely descriptive with its main purpose. Pdf an overview of the south african economy in the 1970s. South africa was drawn into the international economy through its exports, primarily diamonds and gold, and through its own increasing demand for a variety of agricultural imports. Ernest oppenheimer and the economic development of southern. Policies to promote growth and employment in south africa. However, readers unfamiliar with the basic concepts of national income accounting may find some sections hard slogging. South african economic history annual december 2014 volume 3 page 2. Below a graph showing south africa s annual gdp per capita rand value of the south african economy per person living in it, as calculated by south african market insights. The journal publishes scholarly essays in english, french, and portuguese on the economic history of. It may be of little relevance to south africa s postapartheid era government that keynesian economic theories formed the economic basis of apartheid after the late 1950s.
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