Industrial Strategy: The Sector Job Summit

The post-apartheid 'economic miracle' has not happened. Job losses are reaching astronomical proportions. While the current Budget is expansionary, it will not lead to the kind of growth needed to encourage investment and job growth. For some time, labour has being putting pressure on business and government to put jobs and development at the top of their agendas. Labour is arguing for more active government intervention in the economy to shift it onto a new developmental growth path. The sector job summits, which were first mooted at the Presidential Jobs Summit in 1998, offer an opportunity to develop such strategies. Industrial strategy should be seen as the ways and means by which the government may support sections of industry to achieve development goals and economic performance. Some of the major problems with government policy until now have been government's rejection of all demand side measures, a separation of the strategies of various departments in government that impact on industrial strategy, and an aversion to targeting sectors for development frameworks. Labour's industrial development strategy utilises a holistic approach, taking into account both the impact of the current macro-economic framework and the conditions experienced by workers within sectors. The emphasis is on transforming, as opposed to merely reforming, sectors.

  • Authors: David Jarvis
  • Year: 2001
  • Organisation: Naledi
  • Publisher: Naledi
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