SUNScholar - Browsing by Author "Breytenbach, Dalena"

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Uitvoerdiversifiserende ontwikkeling van die mineraalryk Suid-Afrikaanse ekonomie
(Stellenbosch : Stellenbosch University, 1994-11) Breytenbach, Dalena; McCarthy, C. L.; Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Economics.
ENGLISH SUMMARY: South Africa has limited export diversification. The govemment has instituted several export incentive schemes since the beginning of the seventies to increase manufactured exports in particular, but they have not produced significant results. This study examines South Africa's lack of export diversification from the perspective of the country's mineral resources. The aim of ,the study is to determine whether or not this is a feature which is tipical of mineral rich countries or a problem unique to South Africa. This is accomplished through a literature review which identifies the structural features of mineral rich countries and then compares the countries which have been selected with each other and with South Africa. The study showed that lack of export diversification isa general problem in mineral rich countries due to the importance of the mining sector and consequently, their dependence on mineral exports. South Africa should concentrate on the growth of its mineral beneficiation industry and the encouragement of labour' intensive manufacturing industries in order to diversify its production and export base and to lessen its dependence on the mining sector.