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Waiting for Wages: The Dilemma of South Africa's Special Economic Zones
Special Economic Zone
|Issue Date: ||2019-08-07 17:00:33 (UTC+8)|
This thesis set out to research reasons for the failure of South Africa’s efforts to launch an export-oriented economy via its four Industrial Development Zones (IDZs) between 2000 and 2010. In the first 10 years of their existence, however, the zones failed to garner sufficient FDI to offset even the cost to the South African taxpayer in setting up the zones and the situation has not improved much. The South African zones were modelled on the successes of Newly Industrialised Countries (NICs) in East Asia and, in most cases, offered incentives that were on par or above par. The failure of the zones to create both an export-based economy and employment for millions of unskilled South Africans raises the question of whether a high middle income country like South Africa with higher than average wages can solve its economic woes by using low income, peripheral country methods that depend, for the most part, on cheap labour cost. This research then aims to show that wage cost in South Africa, a semi-peripheral country, acted as a major deterrent for core investors in early manufacturing seeking to increase their profits by accessing cheap labour pools.
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|Source URI: ||http://thesis.lib.nccu.edu.tw/record/#G1009260402|
|Data Type: ||thesis|
|Appears in Collections:||[亞太研究英語博/碩士學位學程(IDAS/IMAS) ] 學位論文|
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