Regional Development Policies In South Africa Flashcards
What is industrial development in South Africa
The planning and building of new industries in certain areas, as well as expanding existing industries in certain areas
What are 9 reasons for industrial development
Exploit the world economy
Maintain macroeconomic stability
Achieve high rates of savings and investment
Establish large scale manufacturing, agricultural, mining and service production
Diversification of the economy
Develop domestic manufacturing capacity
Create jobs
Develop and maintain appropriate incentives to attract investors
Contribute to the industrial development of the African continent
What is an industrial development policy
Government policies that relate to manufacturing policies
What is industrial policy
Law and regulation to enhance manufacturing operations
What are the two industrial development policies
National Industrial policy framework - NIPF
Industrial Policy Action Plans - IPAP
What is the National Industrial Policy Framework
A policy setting out the government’s broad strategic approach to industrialization
What are the 5 objectives of the National Industrial Policy Framework
Make the economy more diverse
Make industrialisation more intensive in the long run
Promote the development of labour-intensive industries
Greater participation by disadvantaged groups and development of marginalised areas
Increase potential for large scale production
What is the industrial policy action plan
The industrial development policy that aims at promoting long-term industrialisation
How is IPAP financed
Funded by private investment
What are the targeted industries of IPAP
Advanced manufacturing
Tourism
Software industries
Airspace and defence
What are the two industrial development strategies
Integrated Manufacturing Strategy - IMS
National Research and Development Strategy - NRDS
What is Integrated Manufacturing Strategy
A strategy to strengthen institutional capacity to deliver services that will facilitate development
What does the Integrated Manufacturing Strategy focus on (5)
Developing the global competitiveness of the SA manufacturing enterprises
A strategy that applies to all processes that transforms natural products into manufactured product
Involves cross cutting issues such as technology, HR development, access to finance and infrastructure
Concentrates on key input sectors like transport, telecommunications and energy
Prioritises certain growth sectors like tourism, agriculture, IT and cultural industries
What are the growth sectors which are identified and prioritised (5)
Exports
Tourism
Agriculture
IT and communication
Cultural
What is regional industrial development
Policies which are aimed at increasing the economic livelihood of specific areas or regions
What are the 2 reasons for regional development
Attempts to reduce the centralisation of industries
To increase economic livelihoods of certain areas
What are the 4 aims of regional development
Limit the effects of economic centralisation
Promote the advantage of more regional development
Stimulate development in poor rural areas to prevent new imbalances
Implement and coordinate the implementation of national and regional policies
What are the 6 South African initiatives in regional development
Spatial development initiative - SDI
Industrial Development zone - IDZ
Special Economic Zones - SEZ
Corridors
Strategic Integrated Projects - SIPs
Infrastructure Plan
What is a Spatial Development Zone
Regional development initiative in South Africa to attract infrastructure and business investment to neglected and under developed areas
What are the 2 aims of SDIs
Stimulate growth
Create employment
Read through page 86 - 87
What are corridors
A track of land that forms a passageway allowing access from one area to another and is developed as part of regional development
What are industrial development zones
Purpose-built industrial estates that are physically enclosed and linked to an international port or airport
Look at page 88
