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International DevelopmentIdeas, Experience, and Prospects$
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Bruce Currie-Alder, Ravi Kanbur, David M. Malone, and Rohinton Medhora

Print publication date: 2014

Print ISBN-13: 9780199671656

Published to Oxford Scholarship Online: April 2014

DOI: 10.1093/acprof:oso/9780199671656.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 24 June 2021

South Africa's Quest for Inclusive Development

South Africa's Quest for Inclusive Development

(p.697) Chapter 41 South Africa's Quest for Inclusive Development
International Development

Mthuli Ncube

Abebe Shimeles

Audrey Verdier-Chouchane

Oxford University Press

The end of apartheid in 1994 ushered in a new era in South Africa, and with it the challenge of building a democratic, inclusive, and stable society. The government led by the African National Congress initially adopted a neo-liberal stance to manage the economy, and a redistributive strategy to close income disparity, with a streak of a developmental state. These two tracks were at times at odds with each other. The last decade has shown widening inequality and slow progress in addressing poverty, deprivations, and other dimensions of well-being. Economic growth resulted in huge regional disparities and left a large middle class vulnerable to uncertainties. In response, the government adopted an ambitious strategy called the New Growth Path that combined the goals of strong economic growth, job creation, and broad economic opportunity in one coherent framework. This effort toward greater inclusion is not without challenges.

Keywords:   South Africa, neo-liberalism, Black Economic Empowerment, inclusive development, New Growth Path

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