From Apartheid to Neoliberalism : A study of the Economic Development in Post-Apartheid South Africa.

Abstract

This thesis describes the social and economic development in Post-Apartheid South Africa and the role of neoliberal advocates in the shaping of the country‘s broader developmental path after 1994. South Africa‘s ruling party, the African National Congress (ANC), inherited a two folded legacy. On the one hand it took over the most developed economy on the African continent. On the other, a legacy of massive inequality and racial segregation. This thesis describes why a neoliberal trajectory was triumphant in the crossroad where the ANC had the choice between following a progressive developmental path or a neoliberal one, and its impact on South Africa‘s social and economic system.