Evaluating the Current Industrial Policy of South Africa

This paper looks at some of the relevant and critical issues facing the South African government in devising an industrial policy. It provides an overview of some of the key theoretical issues in industrial policy and looks at some of the critical choices facing South Africa with reference to the international experiences. The paper refers to areas where the industrial policy debate in South Africa requires more attention specifically around ways of increasing physical investment, issues of market structure, and the need for better economic co-ordination.