South African Economic Development in SADC Sub-Regional Integration

  • Andrew O. Enaifoghe University of Zululand, KwaDlagenzwa, South Africa
  • Toyin C. Adetiba University of Zululand, KwaDlagenzwa, South Africa
Keywords: Economic development, Integration, Regional cooperation, National development

Abstract

Following the end of colonialism in the Southern African sub-region, the SADC has experienced a thorough rearrangement with South Africa as the front-runner as opposed to her pre-1994 stance on integration. African regional cooperation has nevertheless been revitalised in some ways as a result of the two major events which started in the beginning of the 1990s that include the abolition of the apartheid regime in South Africa, and the eventual stabilisation of both political and economic relationships in the Southern Africa sub-region. This study employs the use of content analyses to assess the position of South Africa investments in SADC. Through the use ofregional integration, the studyfurther examined various South Africa’s Key Economy Performance since 1994 which are the main contributing factors to South African economic growth; furthermore it looks at her material, commodity and political investment in the subregional integration process to determine if it serves as the strategy for National Economic Development for South Africa.The paper find out thatregardless of South Africa’s economic clout within the SADC region, its Foreign Direct Investment is predominantly from its investment and market penetration of Southern Africa region while maintaining constant economic growth.  

Downloads

Download data is not yet available.

References

Bolaños, A. B. (2016). A step further in the theory of regional integration: A look at the Unasur’s integration strategy. Working paper GATE2016-17. Business Day.(2017).SA officially in recession after shock GDP number 06 JUNE 2017 - 11:35 SUNITA MENON.https://www.businesslive.co.za/bd/economy/2017-06-06-sa-officially-enters-recession/ Accessed September 5 2017 Chingono, M. & Nakana, S. (2008). The challenges of regional integration in Southern Africa. African Journal of Political Science and International Relations, 10(3), 396-408. Dey, I. (2005). Qualitative Data Analysis. London: Routledge, Taylor and Francis Group. DTI. (2016). Zimbabwe to Address Trade Restrictions.Media Statement, Department of Trade and Industry.http://www.thedti.gov.za/editmedia.jsp?id=3816 Accessed December 8 2016. ECLAC. (2009). Physical Infrastructure and Regional Integration, ECLAC Bulletin: Facilitation of trade and transport in Latin American and the Caribbean, 12(280), 1-4. Etzioni, A. (1965). Political Unification. New York; Holt Rinewartaud Winstone. Fall, F., Vachon, B. & Winckler, C. (2014). Regional Integration: Comparison between SADC and ECOWAS. In D. Seck (Ed.) Regional Economic Integration in West Africa: Advances in African Economic, Social and Political Development. Switzerland: Springer. Hans, J. M. (1978). Politics among Nations: The Struggle for Power and Peace. New York: Alfred A. Knopf. IDC. (2013). South African economy: An overview of key trends since 1994. December 2013.
Institute for Global Dialogue. (2008). Liberalising trade in Southern Africa. Implementation challenges for the 2008 SADC FTA and beyond. Proceedings of the Fifth Southern African Forum on Trade (SAFT) held in Pretoria, South Africa, on 6–7 August 2008. Jephias, M. & Muyengwa, M. (2014). The SADC regional bloc: What challenges and prospects for regional integration? Law, Democracy and Development, 18 Cape Town Jonas, M. (2012). When is Foreign Direct Investment Beneficial to a Country and When Is It Not? The Case of South Africa. SAIIA Policy Briefing No 44, February 2012. Jonathan. (2004). African Regional Integration: A Spotter’s Guide. http://headheeb.blogmosis.com/archives/019886.html Accessed 3 December 2016. Leistner, E. (1992). Designing the Framework for a Southern African Development Community.Africa Insight, 22(l). Lesley, W. (n.d). South Africa and the regional economic integration agenda: Priorities and Perspectives. Speaking Notes Lindberg, L. N. (1963). The Political Dynamics of European Economic Integration. Stanford; Stanford University Press. Lindberg, L. N. (1970). Political Integration as a Multidimensional Phenomenon Requiring Multivariate Measurement. International Organization, 24(4), 649-731. Muneer, S., Jahanzeb, A. & Suwandi. (2016). Income diversification and performance: a comparison of commercial and Islamic banks of Pakistan. Abasyn Journal of Social Sciences, Special Issue, 471-485 Mutisi, M. (2016). SADC Interventions in the Democratic Republic of the Congo. African Centre for Constructive Resolution of Disputes Omoro, M. F. A. (2008). Organisational Effectiveness of Regional Integration Institutions: A Case Study of the East African Community. Master Dissertation submitted to the Department of Public Administration, University of South Africa. PVW/SouthAfrica.http://www.pwc.co.za/en/publications/right-plan-for-private-sector participation.html.Accessed September 21 2016. Roberts, D. (1994). Approaches to Regional Integration in the Southern African Context.Africa Insight, 24(1), 11-17 SADC. (2016). The Free Trade Area. Southern Africa Development Community.http://www.sadc.int/aboutsadc/integration-milestones/free-trade-area/ Accessed September 13 2016. SAHO. (2015). The African Union and Regional Economic Integration. (South African History Online) SAnews. (2016). SA elected as the chair of SADC. http://www.sanews.gov.za/south-africa/sa-elected-chairsadc Accessed February 20 2017. Schmitter, P. C. (1970). A Revised Theory of Regional Integration. International Organization, 24(4), 836-868. The Telegraph. (2017). Zimbabwe army chief warns Mugabe's party that military may intervene after sackingshttp://www.telegraph.co.uk/news/2017/11/13/zimbabwe-army-chief-warns-mugabesparty-military-may-intervene/ Accessed 14 November 2017 World Trade Organization. (2016). World Trade Organization. Principals of the Trading System. World Travel & Tourism Council. (2017). Travel & Tourism Economic Impact 2017 South Africa. (WTTC)
Published
2018-03-15
How to Cite
Enaifoghe, A. O., & Adetiba, T. C. (2018). South African Economic Development in SADC Sub-Regional Integration. Journal of Economics and Behavioral Studies, 10(1(J), 135-145. https://doi.org/10.22610/jebs.v10i1(J).2097
Section
Research Paper