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South African Economic Policy under Democracy$
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Janine Aron, Brian Kahn, and Geeta Kingdon

Print publication date: 2009

Print ISBN-13: 9780199551460

Published to Oxford Scholarship Online: May 2009

DOI: 10.1093/acprof:oso/9780199551460.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 03 December 2020

Trade Policy in South Africa

Trade Policy in South Africa

Chapter:
(p.151) 6 Trade Policy in South Africa
Source:
South African Economic Policy under Democracy
Author(s):

Lawrence Edwards

Rashad Cassim

Dirk van Seventer

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199551460.003.0006

This chapter evaluates South Africa's trade policy under democracy, and critically reviews the burgeoning empirical studies of the effects of trade reform on trade flows, growth, employment, poverty, productivity, and inflation. The chapter is made up of three main sections. Section 2 reviews the process of trade reform in South Africa since the 1970s, with a particular focus on multilateral and preferential trade reform since 1994. Section 3 then evaluates the extent to which trade reform since 1994 has reduced nominal protection, effective protection and the anti-export bias. Section 4 reviews the empirical literature analysing the impact of trade liberalization and openness on the South African economy. The chapter concludes with an assessment of the scope for further trade reform.

Keywords:   trade reform, trade flow, trade liberalization, employment, poverty, productivity, inflation

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