Links with domestic industry , downstream processing and the provision of inputs : Resource based industrialisation in South Africa
نویسنده
چکیده
Introduction South Africa has enjoyed considerable success in establishing critical upstream industries based on its natural resource advantages. The broadening of these successes was muted, according to Chang (1998), by an industrial policy under apartheid burdened with objectives that ultimately undermined the development of the domestic economy. South Africa has squandered both the advantages of ‘early mover’ positioning and of selling low value-added stocks of its nonrenewable resource inventories. The challenge today is to ensure that we use what is left of this “asset” to build an economy that can serve the interests of South Africa and its peoples.
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