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Opening the South African Economy

Barriers to Entry & Competition

Thando Vilakazi (editor) Sumayya Goga (editor)
Simon Roberts (editor)

ISBN: 9780796925893

Publication Date: Apr 2021

Format: Paperback

What does it take for entrepreneurs to be effective competitors? What are the factors affecting entry and participation in sectors where there are historically strong incumbent firms? Opening the South African Economy brings to light the challenges of concentration, inequality and exclusion in different sectors of the South African economy.
£32.50

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  • Full Description
  • More Information
  • Table of Contents
  • Author Biography
  • Customer Reviews
What does it take for entrepreneurs to be effective competitors? What are the factors affecting entry and participation in sectors where there are historically strong incumbent firms? Opening the South African Economy brings to light the challenges of concentration, inequality and exclusion in different sectors of the South African economy. The book begins with an assessment of the current state of the economy. Detailed case studies then recount the experiences – good and bad – of well-known South African entrant firms in sectors that are critical for facilitating economic growth, including retail, food, fuel, telecommunications, airlines and banking. Important cross-cutting chapters reflect on the role that government policies can play in achieving a more open, inclusive and competitive economy and the use (and misuse) of policy tools such as competition law, black economic empowerment and state procurement. It concludes with a set of concrete recommendations for opening up the South African economy, improved coordination among state institutions and inclusive industrial development. Accessible and practical, Opening the South African Economy will appeal to a broad readership of business people, policy-makers, students and academics.

Reviews

‘A persuasive book …. The authors offer an agenda to meet the urgent challenge.'- Eleanor M Fox, Walter J Derenberg Professor of Trade Regulation at New York University School of Law

‘ … compelling economic research and a fascinating read.'- Frederic Jenny, Professor of Economics at ESSEC Business School in Paris and Chairman of the OECD Competition Committee

‘ … a timely review of South Africa's journey to opening up markets …'- Mondo Mazwai, Chairperson, Competition Tribunal of South Africa
Pages 254
Dimensions 240 x 168
Date Published 30 Apr 2021
Publisher HSRC Press
Subject/s Business & management   Economic theory & philosophy   Business studies: general   Development economics   Economic systems & structures   Economic growth   Entrepreneurship  
  • List of figures
  • List of tables
  • Foreword
  • Acknowledgements
  • Acronyms and abbreviations
  • Introduction: Challenges to a more open economy
  • 1 Key competition challenges in the South African economy: Large firms, concentration and lack of dynamism
  • SECTION ONE: ENTERING MARKETS: WHAT DO RIVALS REQUIRE?
  • 2 Entry challenges invertically integrated industries: Insights from three agroprocessing value chains in South Africa
  • 3 Barriers to entry in concentrated industries: A case study of Soweto Gold
  • 4 Confronting entry barriers in South Africa's grocery retail sector
  • 5 Contesting the skies: Entry and rivalry in the South African airline industry
  • 6 South African community newspaper publishers: The effects of exclusionary strategies on independent firms
  • ADVANCED INFORMATION
  • 7 The competition implications of recent developments in the liquid fuels supply chain
  • SECTION TWO: REGULATING FOR RIVALRY IN NETWORK INDUSTRIES
  • 8 Bridging the digital divide in South Africa: Case studies in incumbency versus competition
  • 9 Competition, barriers to entry and inclusive growth in retail banking: Capitec case study
  • 10 Breaking barriers through different business models: Mobile money in South Africa and Kenya
  • SECTION THREE: REVIEWING POLICIES FOR INCLUSION IN SOUTH AFRICA
  • 11 Assessing the record of competition law enforcementin opening up the economy
  • 12 Lost opportunities? Barriers to entry and Transnet's procurement of 1 064 locomotives
  • 13 Black economic empowerment and barriers to entry
  • Conclusion: Towards a more competitive and open economy
  • Contributors
  • Index
Thando Vilakazi is Director at the Centre for Competition, Regulation and Economic Development (CCRED).

Sumayya Goga is a Senior Researcher at CCRED.

Simon Roberts is a professor at the University of Johannesburg, in the School of Economics, and Lead Researcher at CCRED.

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