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Opening the South African Economy : Barriers to Entry and Competition

Author :  Thando Vilakazi, Sumayya Goga and Simon Roberts

Product Details

Country
South Africa
Publisher
HSRC Press, Cape Town, South Africa
ISBN 9780796925893
Format PaperBack
Language English
Year of Publication 2020
Bib. Info xiv, 254p. Includes Index
Product Weight 500 gms.
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Product Description

What does it take for entrepreneurs to be effective competitors? What are the factors affecting entry and participation in sectors where there are historically strong incumbent firms? Opening the South African Economy brings to light the challenges of concentration, inequality and exclusion in different sectors of the South African economy. The book begins with an assessment of the current state of the economy. Detailed case studies then recount the experiences – good and bad – of well-known South African entrant firms in sectors that are critical for facilitating economic growth, including retail, food, fuel, telecommunications, airlines and banking. Important cross-cutting chapters reflect on the role that government policies can play in achieving a more open, inclusive and competitive economy and the use (and misuse) of policy tools such as competition law, black economic empowerment and state procurement. It concludes with a set of concrete recommendations for opening up the South African economy, improved coordination among state institutions and inclusive industrial development. Accessible and practical, Opening the South African Economy will appeal to a broad readership of business people, policy-makers, students and academics.

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