History of National Economic System Formation in the Republic of South Africa

The article analyses specific historic features of formation of agrarian and industrial sectors of Republic of South Africa since the establishment of Cape Colony. These features resulted from much earlier colonization of South Africa in comparison with other Sub-Saharan African countries on the one...

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Main Authors: Natalya S. Zagrebelnaya, Vladimir N. Shitov
Format: Article
Language:English
Published: MGIMO University Press 2016-01-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:http://mgimoreview.elpub.ru/jour/article/view/558
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author Natalya S. Zagrebelnaya
Vladimir N. Shitov
author_facet Natalya S. Zagrebelnaya
Vladimir N. Shitov
author_sort Natalya S. Zagrebelnaya
collection DOAJ
description The article analyses specific historic features of formation of agrarian and industrial sectors of Republic of South Africa since the establishment of Cape Colony. These features resulted from much earlier colonization of South Africa in comparison with other Sub-Saharan African countries on the one hand and from a large-scale influx of Europeans to the South Africa on the other hand. The two most important of these specific features are the following. First. Contrary to other countries of Sub-Saharan Africa development of the agrarian sector of Republic of South Africa was based on private property and western technologies from the start. Second. The sector is not divided into «African» and «European» sub-sectors, and South-African agricultural produce has always been oriented to both: external and internal markets. Development of industrial sector of Republic of South Africa started with creation of extractive industries, namely: extraction of diamonds and of gold. The authors specifically emphasize the role of gold extraction which grace to its effect of multiplicator opened the way for industrial revolution in the South of Africa. Development of manufacturing was mainly based on import-substitution. The article argues that there were several stages of import-substitution and analyses their outcomes. The authors point out to the special importance of import-substitution during the period of I World War and II World War.
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spelling doaj.art-e7434c82d30e43c7bd2c8dd0a5d8ce0b2022-12-21T23:55:52ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602016-01-01483273279558History of National Economic System Formation in the Republic of South AfricaNatalya S. Zagrebelnaya0Vladimir N. Shitov1Московский государственный институт международных отношений (университет) МИД РоссииМосковский государственный институт международных отношений (университет) МИД РоссииThe article analyses specific historic features of formation of agrarian and industrial sectors of Republic of South Africa since the establishment of Cape Colony. These features resulted from much earlier colonization of South Africa in comparison with other Sub-Saharan African countries on the one hand and from a large-scale influx of Europeans to the South Africa on the other hand. The two most important of these specific features are the following. First. Contrary to other countries of Sub-Saharan Africa development of the agrarian sector of Republic of South Africa was based on private property and western technologies from the start. Second. The sector is not divided into «African» and «European» sub-sectors, and South-African agricultural produce has always been oriented to both: external and internal markets. Development of industrial sector of Republic of South Africa started with creation of extractive industries, namely: extraction of diamonds and of gold. The authors specifically emphasize the role of gold extraction which grace to its effect of multiplicator opened the way for industrial revolution in the South of Africa. Development of manufacturing was mainly based on import-substitution. The article argues that there were several stages of import-substitution and analyses their outcomes. The authors point out to the special importance of import-substitution during the period of I World War and II World War.http://mgimoreview.elpub.ru/jour/article/view/558национальный хозяйственный комплексаграрный секторпромышленный секторимпортозамещениеЮжно-Африканская Республикаnational economic systemagrarian sectorindustrial sectorimport substitutionRepublic of South Africa
spellingShingle Natalya S. Zagrebelnaya
Vladimir N. Shitov
History of National Economic System Formation in the Republic of South Africa
Vestnik MGIMO-Universiteta
национальный хозяйственный комплекс
аграрный сектор
промышленный сектор
импортозамещение
Южно-Африканская Республика
national economic system
agrarian sector
industrial sector
import substitution
Republic of South Africa
title History of National Economic System Formation in the Republic of South Africa
title_full History of National Economic System Formation in the Republic of South Africa
title_fullStr History of National Economic System Formation in the Republic of South Africa
title_full_unstemmed History of National Economic System Formation in the Republic of South Africa
title_short History of National Economic System Formation in the Republic of South Africa
title_sort history of national economic system formation in the republic of south africa
topic национальный хозяйственный комплекс
аграрный сектор
промышленный сектор
импортозамещение
Южно-Африканская Республика
national economic system
agrarian sector
industrial sector
import substitution
Republic of South Africa
url http://mgimoreview.elpub.ru/jour/article/view/558
work_keys_str_mv AT natalyaszagrebelnaya historyofnationaleconomicsystemformationintherepublicofsouthafrica
AT vladimirnshitov historyofnationaleconomicsystemformationintherepublicofsouthafrica