Research and Markets: Overview of the South African National Development Plan 2030 and the Industrial Policy Action Plan

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/tmqndx/an_overview_of) has announced the addition of the "An Overview of the South African National Development Plan 2030 and the Industrial Policy Action Plan " report to their offering.

All economic and development strategies, even if pre-existing the National Development Plan (NDP), now fall under the NDP umbrella. Aligned with the NDP objectives to achieve sustainable growth and to combat unemployment, the Industrial Policy Action Plan (IPAP) envisions how to reverse industrial decline in general, but specifically in 19 sectors targeted for growth. Sustainable growth and development will require cross-sector measures and reforms, some as significant as fixing the education system, changing labor market regulations, undertaking spatial transformation, transitioning to a low carbon economy, implementing real social protection for all, and eradicating corruption.

Key Findings

  • All economic and development strategies, even if pre-existing the National Development Plan (NDP), now fall under the NDP umbrella.
  • Aligned with the NDP objectives to achieve sustainable growth and to combat unemployment, the Industrial Policy Action Plan (IPAP) envisions how to reverse industrial decline in general, but specifically in sectors targeted for growth.
  • Sustainable growth and development will require cross-sector measures and reforms, including fixing the education system, changing labour market regulations, undertaking spatial transformation, transitioning to a low carbon economy, implementing real social protection for all, and eradicating corruption.
  • The industrialisation strategy is essentially a trade-off between factors contributing to economic growth and job creation.
  • The compromise of key factors cumulates in the following: competition in niche labour intensive activities and pursuit of capital intensive manufacturing, diversification, and localization of industry, diffusion of technology, and research into the industrial sectors.

Key Topics Covered:

1. Executive Summary

2. Abbreviations and Definitions

3. The National Development Plan 2030

4. The Industrial Policy Action Plan

5. Conclusions

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Country Reports