South Africa’s management and investments in SADC: a strategy for the implementation of its national development
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Date
2017
Authors
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Publisher
University of Zululand
Abstract
South Africa’s management and investments in SADC: a strategy for the implementation of its national development Since South Africa’s acceptance to Southern African Development Community (SADC) membership in 1994 after the end of apartheid regime and becoming a more inclusive democratic state, it is observed that there has been a renewed interest in South Africa to create strong regional economic integration (REI) mechanisms, which promotes socio-economic growth. Regional integration became a necessity for southern Africa due to the imperatives of economic regional development. South Africa’s economy since 1994 has achieved both social and economic development within the last two decades of becoming a democratic state significantly. Nevertheless, South Africa is perceived to likely benefit more than neighbouring states in the Southern Africa integration. This study accesses South Africa’s management of regional integration objectives with its economic investment and political position in the sub-region fostered by the SADC factor. South Africa economic performances since 1994 are inextricably linked to its political and economic “tele guided” management of SADC through its various multinational companies. Through that use of neo-functionalism theory, the study takes a cursory look at how South Africa’s support and foreign policy for regional integration has seen transformation over the years with its benefits. The study argues that the dynamics of South Africa’s management and investment in SADC regional cooperation has considerable import for the country’s national development. The study recommends that fundamentals restraining the execution of infrastructural projects should be given adequate attention, keeping in mind the end goal to ensure that sanctioning of local infrastructural projects is enhanced. It is also recommended that the SADC through the instrumentality of South African influence should build realistic program of the deeds that would support issues and initiatives with pertinent import for structure of the Southern Africa integration and Africa as a continent, the African Unions’ Abuja Treaty remains the perfect structure for the unification of economies of the continent.
Description
A thesis submitted to the Faculty of Commerce, Administration and Law in fulfillment of the requirements for the Degree of Masters of Public Administration in the Department of Political Science & Public Administration at the University Of Zululand, South Africa, 2017
Keywords
Southern African Development Community --SADC --regional economic integration