OECD Review of Agricultural Policies: South Africa 2006
The South African economy, including agriculture, is increasingly integrated in world markets with about one-third of agricultural production exported. Wide ranging reforms liberalising domestic and foreign trade, and lowering support to agriculture were implemented in the 1990s. This first comprehensive OECD review of agriculture in South Africa assesses agricultural policies in the context of liberalisation reforms taken, new market pressures, land reform, and Black Economic Empowerment measures and makes a series of policy recommendations.
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Highlights and Policy Recommendations
South Africa has undergone enormous economic, social and political change since the beginning of the democratisation process in 1994. The overall results have been positive with a stronger and stable macro economy, better integration into the global trading system, and progress in redressing past injustices and reducing poverty.
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