Author: Roberts S.

Source: Development Southern Africa, Volume 21, Number 1, March 2004 , pp. 227-243(17)

Publisher: Routledge, part of the Taylor & Francis Group

Abstract:

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 and the experiences of developing countries such as Brazil and South Korea. It then assesses the effects of competition policy in South Africa after 1994, with the main focus being on the performance of the new competition institutions established in 1999. The case of the steel industry is used to assess the approach and impact of the institutions in a concentrated sector that has simultaneously undergone processes of liberalisation and domestic consolidation.

Document Type: Research article

DOI: http://dx.doi.org/10.1080/0376835042000181499

Publication date: 2004-03-01

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