Past Projects

Centre for Real Economy Study (Crest)

The research process underpinning this article was focused on casting some light on factors influencing the way in which developing countries can enhance linkages between Transnational Corporation (TNC) Foreign Direct Investment (FDI) firms and domestic small and medium enterprises (SMEs).…
In this report, the meaning of liberalisation in the air transport sector is discussed and the difference between deregulation and liberalisation is highlighted. Liberalisation entails a progressive opening up of a market with state control enacted over the process, while…
This paper integrates two mechanisms of economic growth barriers to international spill-overs and skill-biased effects on the income distribution. South Africa (SA) is an interesting case study because of dramatic changes in international barriers over time and policy focus to…
Since 1994, some restructuring of state-owned enterprises (SOEs) has taken place in South Africa (SA), which has included elements of corporatisation and commercialisation, as well as partial privatisation. The Government has committed itself to more reform. This is an ongoing…
The barrier model of productivity growth suggests that individual country productivity is related to the world technology frontier disturbed by national barriers. We offer a country study of the barrier model, exploiting the dramatic changes in the linkages to the…
Improving commuter rail service delivery is a high-priority programme of the Department of Transport (DOT). Faced with a failing business, the DOT has launched a reform programme for commuter rail, foreseeing increased public investment and possibly an extended role for…
The South African government is evaluating the economy’s performance over its first decade in power. This period can be characterised by a ‘double’ liberalisation: democratisation of the political process going hand in hand with liberalisation of the economy. This paper…
As liberalization and globalization gather pace, concern with industrial competitiveness is growing, not just in developing countries but also in mature industrial ones. But it is the former that face the most intense competitive pressures: many find that their enterprises…
The South African financial sector, defined as the banking, insurance and securities industries, has contributed to the growth of the economy since democracy in terms of growth in assets and value added, although its provision of financial services to the…
The current phase of globalisation, from the mid-1980s to the present, has been characterised by farreaching changes in the global trading system. There have been differential economic gains from participation in the global economy, particularly a) between developed and developing…
Today in South Africa we are witnessing changes that are remaking the country. These changes are in the social, economic and political spheres. Under its democratic government, South Africa committed itself to the principles of free-market economy nearly a decade…
Competition policy is part of the new international orthodoxy in economic policy and, at the same time, was viewed in South Africa as a crucial element of economic transformation. This article reviews the role of competition policy in economic development…
In South Africa, there is an increasing trend towards trading health services, both in the public and in the private health sectors, despite minimal formal liberalisation offered by South Africa under the General Agreement on Trade in Services (GATS). Health…
The reform of the telecommunications sector in the mid-1990s had as one of its areas of focus an expansion of access to telecommunications - both at the household ownership and the broader access levels. This paper examines the performance of…
The small and medium enterprise (SME) sector in South Africa has been the focus of attention since the first democratic elections in 1994. Not only does the sector offer the opportunity to enhance entrepreneurship amongst previously disadvantaged communities in South…
Policy makers in the public sector are often faced with requests for financial and other support of investment projects and incentive schemes. Frequently, such requests are accompanied by or require economic impact analyses of some sort. Economic impact assessment of…