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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Between Globalisation and (Post) Apartheid: The Political Economy of Restructuring in South Africa
Author:Carmody, PádraigISNI
Year:2002
Periodical:Journal of Southern African Studies
Volume:28
Issue:2
Period:June
Pages:255-275
Language:English
Geographic term:South Africa
Subjects:political economy
global economy
Politics and Government
Development and Technology
Economics and Trade
international relations
External link:https://www.jstor.org/stable/823384
Abstract:Whereas most countries in Southern Africa have experienced globalization as externally imposed, in South Africa it has been largely internally generated by the State and the major business groups that dominate the economy. This paper examines the political economy of restructuring in South Africa, focusing particularly on the Statist and capitalist logics of globalization, and how they intersect. It explains how the South African State is trying to negotiate globalization, and why major South African conglomerates have moved their headquarters to Britain. The impacts on employment and economic diversification of increasing globalization from the 'outside in' are explored. The article concludes by suggesting ways the political economy might be progressively restructured. Notes, ref., sum.
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