An evaluation of the IMF mission document on economic policies for a new South Africa
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Date
1992-08-03
Authors
Zarenda, Harry
Journal Title
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Abstract
In January 1992, an IMF occasional paper entitled "Economic
Policies for a New South Africa " (IMF 1992) was issued. As
stated in the Preface, the study was intended as a
contribution to the debate regarding the appropriate
economic policies to be pursued in a new South Africa, The
authors of the study have drawn heavily on the work of the
IMF 1991 Article IV Consultation Mission to South Africa,
but insist that the opinions expressed in the paper are
their own, rather than those of the South African
authorities or of the IMF. Nevertheless, the central
message is in total conformity with the broad economic
philosophy of the Fund. The purpose of this paper is to
criticize the policy emphasis and major conclusions of the
IMF occasional paper and, by so doing, to add a new
perspective to the dialogue concerning an economic policy
agenda for South Africa's transition to democracy.
Description
African Studies Seminar series. Paper presented 3 August 1992. Not to be quoted without the Author's permission.
Keywords
Income distribution. South Africa, Poor. South Africa, South Africa. Economic policy, South Africa. Economic conditions, 1991-, International Monetary Fund