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While South Africa shares some characteristics with other middle-income countries, it has a unique economic history with distinctive characteristics. South Africa is an economic powerhouse with a significant role not only in the southern African regional and continental level, but also as a member of BRICS. However, premature deindustrialization and weak economic growth reveal key structural transformation constraints that have posed constructive policy debates. Such debates need to be based on robust empirical evidence and in-depth insights to contribute to a productive discourse. This necessitates such a handbook that offers original, comprehensive, state-of-the-art analytical perspectives. South Africa recently celebrated a jubilee anniversary of the end of apartheid in 2019. The occasion also calls for an in-depth analysis of the last 25 years to comprehensively assess what has been achieved, what policy-choices have been made, and where the key challenges lie. The Oxford Handbook of the South African Economy provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country. It also gives historical and political context; an in-depth examination of strategic issues in the various critical economic sectors; and assemble diverse analytical perspectives and arguments that have implications for policymaking.
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While South Africa shares some characteristics with other middle-income countries, it has a unique economic history with distinctive characteristics. South Africa is an economic powerhouse with a significant role not only in the southern African regional and continental level, but also as a member of BRICS. However, premature deindustrialization and weak economic growth reveal key structural transformation constraints that have posed constructive policy debates. Such debates need to be based on robust empirical evidence and in-depth insights to contribute to a productive discourse. This necessitates such a handbook that offers original, comprehensive, state-of-the-art analytical perspectives. South Africa recently celebrated a jubilee anniversary of the end of apartheid in 2019. The occasion also calls for an in-depth analysis of the last 25 years to comprehensively assess what has been achieved, what policy-choices have been made, and where the key challenges lie. The Oxford Handbook of the South African Economy provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country. It also gives historical and political context; an in-depth examination of strategic issues in the various critical economic sectors; and assemble diverse analytical perspectives and arguments that have implications for policymaking.