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Performance of Manufacturing Firms in Africa

Author : Hinh T. Dinh
Publisher : World Bank Publications
Page : 239 pages
File Size : 33,68 MB
Release : 2012-08-21
Category : Business & Economics
ISBN : 0821396323

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Performance of Manufacturing Firms in Africa: An Empirical Analysis sheds light on the characteristics of formal and informal manufacturing firms in Africa by comparing these firms with firms in other regions. Drawing on two data sources, the authors find that there is a very low share of manufacturing in GDP in Africa and in African exports. Most African manufacturing firms are informal, perhaps because the enforcement of registration and licensing regulations is not strict. These firms are also smaller than firms in other regions and few export. Labor productivity is low in Africa relative to other regions, but this may be because of the more challenging environment—with the lack of physical infrastructure, the heavy burden of business regulation, and other issues. However, after accounting for these differences, the authors find that firms in Sub-Saharan Africa appear more, not less, productive than firms elsewhere. This analysis suggests that improving the business environment might allow firms to enhance their performance. However, given the pervasive distortions in the business environment and the limited resources at the disposal of most African countries, Africa cannot and should not wait until the business environment becomes healthier before growing a more viable manufacturing sector. Performance of Manufacturing Firms in Africa: An Empirical Analysis shows that binding constraints vary by country, by sector, and by firm size. Therefore, countries should identify the constraints in the most promising sectors and adopt policies designed specifically to remove these constraints. The evidence in this book overwhelmingly dispels the false notion of Africa’s inability to compete globally in manufacturing goods. This book will be of interest to economists, policy makers, and government officials working to improve manufacturing firm performance in Africa.

Why Race Matters in South Africa

Author : Michael MacDonald
Publisher : Harvard University Press
Page : 268 pages
File Size : 24,27 MB
Release : 2006
Category : Business & Economics
ISBN : 9780674021860

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This book tells the story of how the transition to democracy in South Africa enfranchised blacks politically but without raising most of them from poverty. Although democratic South Africa is officially "non-racial," the book shows that racial solidarities continue to play a role in the country's political economy.

The Oxford Handbook of the South African Economy

Author : Arkebe Oqubay
Publisher : Oxford University Press
Page : 1120 pages
File Size : 25,58 MB
Release : 2021-11-18
Category : Social Science
ISBN : 0192646583

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While sharing some characteristics with other middle-income countries, South Africa is a country with a unique economic history and distinctive economic features. It is a regional economic powerhouse that plays a significant role, not only in southern Africa and in the continent, but also as a member of BRICS. However, there has been a lack of structural transformation and weak economic growth, and South Africa faces the profound triple challenges of poverty, inequality, and unemployment. Any meaningful debate about economic policies to address these challenges needs to be informed by a deep understanding of historical developments, robust empirical evidence, and rigorous analysis of South Africa's complex economic landscape. This volume seeks to provide a wide-ranging set of original, detailed, and state-of-the-art analytical perspectives that contribute to scientific knowledge as well as to well-informed and productive discourse on the South African economy. While concentrating on the more recent economic issues facing South Africa, the handbook also provides historical and political context. It offers an in-depth examination of strategic issues in the country's key economic sectors, and brings together diverse analytical perspectives.

Productivity Improvement in Manufacturing SMEs

Author : Thomas Thinandavha Munyai
Publisher : Taylor & Francis
Page : 367 pages
File Size : 15,85 MB
Release : 2017-12-12
Category : Business & Economics
ISBN : 1351718967

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This book focuses on the application of workstudy in productivity of manufacturing SMEs locally and abroad and also explores various industrial problems which face manufacturing SMEs in developing and underdeveloped countries in the rest of the world. Low productivity is currently a serious challenge facing manufacturing SMEs, where these SMEs are operating below expected production output levels which makes it difficult for them to compete in the global market. SMEs are the engine drivers of economic growth, one of which is manufacturing. The challenge is that government from various countries in developing and underdeveloped countries, mandated agencies in their respective areas, to ensure that there is economic progress for these SMEs, but productivity remains low in the manufacturing SMEs. When SMEs do not perform well, productivity of manufacturing SMEs declines and unemployment increases. Thus, an increase in unemployment results in a drop of GDP in the country and can become a global and economic crisis. This book describes a process which enables the reader to use effective knowledge that addresses problems facing the productivity of manufacturing SMEs such as work study tools and case studies and provides solutions and applications to improve the running of the manufacturing SMEs in growing their productivity.

From Defence to Development

Author : Jacklyn Cock
Publisher : IDRC
Page : 277 pages
File Size : 14,5 MB
Release : 2014-05-28
Category : Political Science
ISBN : 1552501515

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Remember the global peace dividend - the budget surpluses that were supposed to result from the raising of the Iron Curtain and the end of the arms race? As war-torn societies in the Middle East, Latin America, and parts of Africa found peace and began building democratic societies, governments were supposed to use the money they once spent on the military to better meet basic human needs. But has it happened?

Disarmament and Defence Industrial Adjustment in South Africa

Author : Peter G. Batchelor
Publisher : Sipri Monograph
Page : 276 pages
File Size : 46,57 MB
Release : 1998
Category : Business & Economics
ISBN : 9780198294139

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Peter Batchelor and Susan Willett analyse the response of the South African defence industry to drastic cuts in military expenditure and the demilitarization of society since the end of the cold war and apartheid, and the stabilization of the regional security situation. The new ANC-led government is seeking to use the resources released - the `peace dividend' - to restructure and revitalize the country's industrial base and to support reconstruction, development, and redistribution. A lively debate on the country's security needs and strategic doctrine is under way. As in other countries, strategies of industrial diversification and conversion have met with limited success. In the absence hitherto of any coherent government policy on defence industrial adjustment, significant skills and technologies have been lost or wasted. This book provides a historical analysis of South Africa's unique opportunity to develop new and innovative policies on defence and security matters, the arms industry and arms exports, and makes a valuable contribution to the international debate on the relationship between disarmament and development.

Geography and Economy in South Africa and its Neighbours

Author : Christian M. Rogerson
Publisher : Routledge
Page : 319 pages
File Size : 28,90 MB
Release : 2017-05-15
Category : Social Science
ISBN : 1351934120

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The dismantling of the apartheid regime in South Africa caused massive transformation in both geographical and economic terms, not only in this country but also in the region as a whole. As the post-apartheid government enters its second term, this captivating volume assesses its progress in unravelling the geography of apartheid, both in South Africa itself and in its relationships with other countries in Southern Africa and Africa. It also considers the ways in which South Africa, now that it is no longer a pariah state, has begun to position itself within the current global economy. Examining South Africa’s land and agriculture, mining and minerals, manufacturing, tourism, corporate finance, the labour market and transport, the volume discusses the challenges of balancing growth and redistribution, the extent and nature of progress, change and relationships within the regional and global economy. A compelling investigation into the economics of South Africa's neighbouring states in relation to their natural resources, colonialism and inter-relationships with themselves and with South Africa leads to a focus on the region as a whole and its relations with the global economy.

Towards Employment-Intensive Growth in South Africa

Author : Anthony Black
Publisher : Juta and Company (Pty) Ltd
Page : 397 pages
File Size : 32,5 MB
Release : 2016-07-01
Category : Business & Economics
ISBN : 1775820076

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South Africa’s high rate of unemployment (26.4%) makes it a complete outlier compared with other middle-income countries. Indeed, the unemployment rate rises to 36% if discouraged workers are taken into account. It underpins extreme poverty and inequality and is a major contributor to social dislocation. If it were not for increased social payments, poverty would have continued to increase since the advent of democracy in 1994. Unemployment also represents a huge cost to growth. This book focuses on the growth path of the economy. The starting point is that while more rapid economic expansion is an important objective, at any given level of growth, the economy as a whole needs to become more labour-absorbing. The central question posed is how to bring about changes in the economic structure and pattern of development, which would lead to the attainment of this objective. The authors argue that employment needs to be much more centrally positioned within the economic and social policy arena. They emphasise innovative approaches within a broader focus on the growth path, and employment-intensive growth. And they posit that the negative impact of previous ‘distortions’ requires much more than a levelling of the playing field via market-based reforms. Apart from presenting an alternative growth path which could start to shift the economy in new directions, the book tackles themes which have received only limited attention, such as wage subsidies, youth unemployment and employment growth in rural areas.