The 20th-century South African economy through a development lens

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Vishnu Padayachee University of the Witwatersrand, South Africa

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Based on Bill Freund’s latest book, this review essay critically reviews the author’s discussion of: the institutional and network fibres underlying the mid-20th-century South African developmental model; how and why it developed; how and why it transformed through the course of that century; and how it was dismantled by the end of that century. The essay also tries to assess the significance of that model for South African development in the post-1994 democratic era, as well as the economic and public policy choices exercised by the African National Congress (ANC)-led government under conditions of fiscal constraint.

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Vishnu Padayachee University of the Witwatersrand, South Africa

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