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الرئيسية > The Effect of Motor Industry D...>مارك

The Effect of Motor Industry Development Programme on the Motor Vehicle Industry in South Africa

المصدر: مجلة الدراسات الافريقية
الناشر: جامعة القاهرة - معهد البحوث والدراسات الافريقية
المؤلف الرئيسي: Abou Alezz, Nahla (Author)
المجلد/العدد: ع39
محكمة: نعم
الدولة: مصر
التاريخ الميلادي: 2016
الشهر: يناير
الصفحات: 1 - 29
ISSN: 6018-1110
رقم MD: 802879
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: HumanIndex, EcoLink
مواضيع:
جنوب أفريقيا | التنمية الصناعية | صناعة السيارات
رابط المحتوى:

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041 |a eng 
044 |b مصر 
100 |9 426473  |a Abou Alezz, Nahla  |e Author 
245 |a The Effect of Motor Industry Development Programme on the Motor Vehicle Industry in South Africa 
260 |b جامعة القاهرة - معهد البحوث والدراسات الافريقية  |c 2016  |g يناير 
300 |a 1 - 29 
336 |a بحوث ومقالات  |b Article 
520 |b The Motor Industry Development Programme (MIDP) in South Africa has been one of the most significant industrial policy inter¬ventions since 1994, because of the powerful incentive structure it established and the sheer size of the industry it impacted. Because of these factors, as well as the cost of support, the industry is central to any analysis of the impact of South African industrial policy on em¬ployment and inclusive growth — and not only within the sector itself but more importantly on the economy as a whole. This experience also has lessons for the conduct of industrial policy in other sectors. The MIDP reduced tariffs and provided strong support for ex¬ports. The result was rapid export expansion, although the sector remains vulnerable to declining support. Domestic consumers have far greater choice but soaring vehicle and parts imports have contrib¬uted to a growing trade deficit. Progress has been made in rational¬izing the industry but it still operates below minimum efficient scale. Growing investment and much higher levels of foreign ownership have modernized the sector and integrated it into global production networks. But the orientation of MNCs is towards the domestic mar¬ket and South Africa is a long way from being a true export platform for global firms. The aim of this paper is to assess the impact of the MIDP in terms of the objectives set by government. It also considers the ques¬tion of the whether the MIDP has been worth its heavy cost and what lessons can be learned for industrial policy more generally. The paper concludes with some lessons from nearly two decades of policy experience including some comments about the recent in¬troduction of the replacement Automotive Production and Develop¬ment Programme (APDP). The growth and structure of the industry has arguably been too influenced by automotive policy. Long term certainty and gradual policy adjustments should be the objective and policy makers must be cautious about policy which diverts too far from market outcomes. While the MIDP has made a positive impact on the development of the industry, its provision of easy access to import credits has resulted in a rapid climb in imports, arguably to unsustainable levels. This trend has continued under the APDP in 2013 and needs to be substantially curbed. Policy should have the objective of reducing the share of imported vehicles and components below current levels. The important question of cost of the MIDP is only briefly ad-dressed. The key point is that the MIDP marked a decline in sup¬port from its inception and this support declined steadily through the course of the programme. A related question is whether the sector will continue to rely on high levels of state assistance to remain vi¬able. In this regard, one fundamental recent change has brightened prospects considerably. Rapid growth in the southern African region and in Africa as a whole will, in the medium term, provide a large and rapidly growing regional and continental market, the lack of which has always been the main constraint to the domestic industry. Properly handled, this represents an opportunity for rapid and sus¬tainable growth in the sector in South African and the region. 
653 |a جنوب أفريقيا  |a التنمية الصناعية  |a صناعة السيارات 
773 |4 العلوم الإنسانية ، متعددة التخصصات  |6 Humanities, Multidisciplinary  |c 014  |e Journal of African Studies  |l 039  |m ع39  |o 0820  |s مجلة الدراسات الافريقية  |v 000  |x 6018-1110 
856 |u 0820-000-039-014.pdf 
930 |d n  |p y  |q n 
995 |a HumanIndex 
995 |a EcoLink 
999 |c 802879  |d 802879 

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