Structural Transformation in South Africa : moving towards a smart, open economy for all

HEADING FOR PRESENTATION HERE Structural Transformation in South Africa: moving towards a smart, open economy for all Pamela Mondliwa Overview 1 Record of structural transformation in SA 2 Industry Studies a Metals, Machinery & Equipment b Automotive Vehicles & Components c Agriculture and agro-processing 3 Cross-cutting challenges 4 Political economy of SA industrial development 5 New vision for. [...] In return, government must commit to effective policies for infrastructure, procurement, skills development, technology and markets. [...] 14 Thank You Pamela Mondliwa pamelam@uj.c.za 011 559 7521 15 mailto:pamelam@uj.c.za Machinery & metals: the litmus test of structural transformation for industrialisation? Metals and machinery trade balance 25 120 20 100 15 80 10 5 60 - 40 -5 20 -10 -15 0 Basic iron and steel products Basic non-ferrous metal Metal products excluding machinery Machinery and equipment REER (Right Axis) • Basic metal.