Season of Hope: Economic Reform Under Mandela and Mbeki
Offers an insight into the circumstances under which the policies were developed, implemented and reviewed, as well as a study of the outcomes. This book addresses questions such as: How could an organisation with no previous experience of governing accomplish a peaceful transition to democracy? How did they do it and where are they going?
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agreement agricultural ANC’s apartheid areas assets black business Black Economic Empowerment budget capital inflows challenge chapter co-ordination commitment companies competition conglomerates COSATU countries country’s currency debate debt deficit democratic document domestic early economic policy effective elections employment exports firms fiscal foreign Freedom Charter funds gold government’s growth implementation important improve income industrial policy inflation infrastructure interest rates investment investors issues Jobs Summit Johannesburg Johannesburg Stock Exchange labour market leaders levels liberalisation macroeconomic Mandela manufacturing Mbeki million mining Minister of Finance monetary policy nationalisation Nedlac organisation ownership political poverty President private sector privatisation projects public sector rand redistribution reform restructuring SACP SARB significant skills social South Africa South African economy Stals Statistics South Africa target tariff Thabo Mbeki Tito Mboweni Trade and Industry trade unions Trevor Manuel wage workers World Bank
Page 33 - PEOPLE SHALL SHARE IN THE COUNTRY'S WEALTH! The national wealth of our country, the heritage of all South Africans, shall be restored to the people; The mineral wealth beneath the soil, the banks and monopoly industry shall be transferred to the ownership of the people as a whole; All other industries and trade shall be controlled to assist the well-being of the people...
Page 17 - Until now he has been subjected to a school system which drew him away from his own community and misled him by showing him the green pastures of European society in which he was not allowed to graze.
Page 15 - The great red hills stand desolate, and the earth has torn away like flesh. The lightning flashes over them, the clouds pour down upon them, the dead streams come to life, full of the red blood of the earth. Down in the valleys women scratch the soil that is left, and the maize hardly reaches the height of a man. They are valleys of old men and old women, of mothers and children. The men are away, the young men and the girls are away. The soil cannot keep them any more.
Page 60 - The key to this link is an infrastructural programme that will provide access to modern and effective services like electricity, water, telecommunications, transport, health, education and training for all our people. This programme will both meet basic needs and open up previously suppressed economic and human potential in urban and rural areas.
Page 15 - Commission reported that: the native should only be allowed to enter the urban areas, which are essentially the white man's creation, when he is willing to enter and to minister to the needs of the white man and should depart therefrom when he ceases so to minister.* The Natives (Urban Areas) Act of 1923 tightened white control over the movement of Africans to the cities.
Page xi - SACP South African Communist Party SACTU South African Congress of Trade Unions SACTWU South African Clothing and Textile Workers...
Page 11 - ... mass struggle. To them, the end justifies the means, and that end is the creation of a vast market of cheap labour for mine magnates and farmers. That is why homes are broken up and people are removed from cities to the countryside to ensure enough labour for the farms. That is why nonEuropean political opponents of the Government are treated with such brutality. In such a set-up, African youth with distinguished scholastic careers are not a credit to the country, but a serious threat to the...
Page 53 - Relationships with international financial institutions such as the World Bank and International Monetary Fund must be conducted in such a way as to protect the integrity of domestic policy formulation and promote the interests of the South African population and the economy.