State Owned Enterprises In South Africa: A Pinocchio Paradox

Cheteni, Priviledge and Khamfula, Yohane (2018): State Owned Enterprises In South Africa: A Pinocchio Paradox. Published in: Africa Growth Agenda , Vol. 15, (2018): pp. 4-9.

Abstract

The state plays an important role in the South African economy. SOEs viability is projected to be a pivotal part in leading the transformation agenda by a number of departments because they are spearheading economic development. Nevertheless, the rapid ascendency of SOEs in driving economic growth has been with negative consequences for the South African economy, with a number of them being viewed as driving nepotism, corruption and non-aligned state agendas. This has led to conflicts with market driven economic development of the South African economy, and hindering competition between the state-owned enterprises and private-owned enterprises.

• Item Type: MPRA Paper
• Language: English
• Keywords: crowding out, economic growth, state owned, south africa
• Subjects: H - Public Economics > H0 - General; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development

References

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