ABSTRACT
The economic program of the Government of National Unity proved to contain major inconsistencies between the delivery of basic needs, the public investment needed to meet these goals and the economic growth rate. The Asian crisis could portend a period of slowed international growth, with negative consequences for South Africa as well. As South Africa approaches the next millennium, the country’s main problem is how to rid itself of the consequences of a legacy that has plagued it: the legacy of race discrimination. As the structure of the economy changed in the wake of substantial mineral discoveries, notably gold, so did the character of discrimination. The importance of manufacturing in the South African economy grew and at the same time mining technology was becoming more sophisticated. International resistance to South African racial policies was building up during the postwar period. The chapter also presents an overview of the key concepts discussed in this book.
