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The Future of the South African Political Economy Post-COVID 19

Part of the International Political Economy Series Book Series

Editors: Qobo, Mzukisi; Soko, Mills; Xenia Ngwenya, Nomfundo

DOI: 10.1007/978-3-031-10576-0

ISBN: 978-3-031-10575-3

Publisher: Springer International Publishing - Springer Journals

Nov 1, 2022

1 - 10 of 13 Chapters

Available

Introduction: Responding to Pandemics and Economic Challenges: Policy Choices Post Covid-19

Qobo, Mzukisi; Soko, Mills; Ngwenya, Nomfundo Xenia

Pages: 1 –9

[This research project was initiated at the beginning of the COVID-19 pandemic, a time marked by significant economic and social dislocations around the world. The project considers public policy responses to the social and economic dislocations spawned by the pandemic, and identifiers...
Available

Reconstruction in the Aftermath of Global Health and Economic Crises: Historical Lessons for South Africa

Qobo, Mzukisi; Soko, Mills; Ngwenya, Nomfundo Xenia

Pages: 11 –41

[Historically, the state has played a leading role in using crises to spur social and economic change. This chapter draws lessons from different countries’ experiences of responding to health and economic crises and reflects on South Africa’s own history of responding to adversity. It examines...
Available

Building State Capacities and Dynamic Capabilities to Drive Social and Economic Development: The Case of South Africa

Mazzucato, Mariana; Qobo, Mzukisi; Kattel, Rainer

Pages: 43 –74

[One of the biggest lessons of the COVID-19 pandemic is that public sector capacity to manage a crisis of this proportion is dependent on the cumulative investments that a state has made, especially to bolster dynamic capabilities. For South Africa, an array of institutional weaknesses and...
Available

COVID-19 and Beyond: Rethinking Industrial and Competition Policy

Robb, Nishal; Vilakazi, Thando

Pages: 75 –101

[This chapter makes an observation that in South Africa industrial and competition policies have for the most part been considered separately rather than as complementary. The chapter argues that this approach has been counterproductive. It puts forward a case for closer coordination between the...
Available

Monetary and Fiscal Policy Challenges Posed by South Africa’s Deepening Economic Crisis and the COVID-19 Pandemic

Gumata, Nombulelo

Pages: 103 –127

[This chapter examined monetary and fiscal policy challenges posed by South Africa’s deepening economic crisis and the impact of the COVID-19 pandemic. It showed that fiscal policy post-2009 has clearly not yielded the desired effects. The macro-economic stability as captured by output growth and...
Available

The Short-Term Labor Marketlabor market Effects of South Africa’s National COVID-19 Lockdown

Kohler, Timothy; Bhorat, Haroon; Hill, Robert; Stanwix, Benjamin

Pages: 129 –149

[We use representative labor force data to conduct a descriptive, empirical analysis of labor market outcomes over time on both the extensive and intensive margins to obtain a nuanced overview of how the COVID-19 pandemic and lockdown affected the South African labor market. We show that...
Available

Social Security and Social Protection in South Africa

van den Heever, Alex

Pages: 151 –176

[This chapter examines the rationale for an overhaul of the system of social security in South Africa, and takes account of long-term social and economic factors resulting from the COVID-19 pandemic. The COVID-19 pandemic shone a spotlight to South Africa’s lack of a comprehensive social security...
Available

Repositioning State-Owned Enterprises (SOEs) and Development Finance Institutions (DFIs)

le Pere, Garth

Pages: 177 –210

[This chapter examines three cross-cutting themes: the nature and purpose of SOEs and DFIs in South Africa’s political economy; their performance, with reference to their efficacy and ability to deliver on their developmental mandates; and in view of these considerations, how they can become more...
Available

Energy Transition for Post-COVID-19 South Africa

Abedian, Iraj; Tsoanamatsie, Nthabiseng

Pages: 211 –234

[This chapter contends that there needs to be careful coordination and appropriate funding of the required manufacturing operations for South Africa to further increase growth. When renewable sector manufacturing is ramped up, through solar panels and all related accessories, the country has much...
Available

Future of Energy in South Africa and Prospects for Building Regional Value Chains

Besada, Hany

Pages: 235 –271

[Africa is rich in energy resources but poor in its ability to exploit and use them. Many African countries face an energy crisis. Power is inaccessible, unaffordable, and unreliable for most people, trapping them in perpetual poverty. In addition, the COVID-19 pandemic has increased the triple...

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