Prof David Walwyn published an interesting article in the Conversation regarding why South Africa should revert to greater protection for some of its industries article.
The debate is important for countries that are struggling to diversify their economies, in South Africa’s case to build its capacity in medium and high technology-based industries.
South Africa’s manufacturing sector has been significantly affected by trade liberalisation policies dating back to the nineties. At the time, these were widely adopted as a means of stimulating national economies in developed countries that were characterised as being hamstrung by high input costs and stagnant local markets. It was argued that open markets would help create jobs, raise levels of productivity and competitiveness, and ultimately increase economic output.
Full article: Why South Africa should revert to greater protection for some of its industries
Podcast (Cape talk): http://www.capetalk.co.za/podcasts/121/weekend-breakfast-with-africa-melane/228176/is-government-incentivising-innovation-in-local-industries
Peer-reviewed article by Prof Walwyn and Mr Naidoo: Policy mixes and overcoming challenges to innovation in developing countries: Insights from a mixed methods study of South Africa’s manufacturing sector, David Richard Walwyn & Shahendra Naidoo
Conference paper by Prof Walwyn: http://forum.tips.org.za/images/Policy_mixes_as_a_means_of_overcoming_challenges_to_innovation_in_developing_countries_insights_from_a_mixed_methods_study_of_South_Africas_manufacturing_sector_v2.pdf