Segatti, Aurelia and Pons-Vignon, Nicolas (2013) Stuck in stabilisation? South Africa's post-apartheid macro-economic policy between ideological conversion and technocratic capture. Review of African Political Economy, 40 (138). pp. 537-555. ISSN 0305-6244
Full text not available from this repository.Abstract
This article explores post-apartheid South Africa's commitment to macro-economic orthodoxy. Its key argument is that South Africa offers an exemplary case of neoliberal deepening which has entailed three interconnected processes: ideological conversion, a stated focus on poverty and development covering a deep commitment to orthodox macro policies, entailing institutions and a set of practices, and a far-reaching state restructuring involving the emergence and consolidation of a hegemonic treasury. Drawing on an analysis of grey literature, policy documents and a series of interviews with policy-makers, the article first discusses neoliberalism in South Africa, focusing on the ‘conversion’ of key ANC leaders to neoclassical economic orthodoxy. It then turns to the central, yet under-researched, instrument of neoliberal deepening: the emergence and consolidation of a dominant national treasury with the ability to shape policy-making across all areas of state intervention. The article closes on a call to envisage concurrently ideological conversion and state formation to understand the dynamics of neoliberalism, and its paradoxical resilience in the South Africa case.
| Item Type: | Scientific journal article, Newspaper article or Magazine article |
|---|---|
| Subjects: | Social studies > Economics > Political economics Social studies > Politics Social studies > Development studies |
| Department/unit: | Dipartimento economia aziendale, sanità e sociale > Centro competenze lavoro, welfare e società |
| Depositing User: | Nicolas Pons-Vignon |
| Date Deposited: | 02 Dec 2020 16:37 |
| Last Modified: | 24 Aug 2023 14:00 |
| URI: | http://repository.supsi.ch/id/eprint/12176 |
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