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An evaluation of the influence of the EU-SA free trade agreement on the manufacturing sector of South Africa

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dc.contributor.advisor Prof. L. Greyling en_US
dc.contributor.author Dlamini, Thembekile Faith
dc.date.accessioned 2012-08-17T09:35:19Z
dc.date.available 2012-08-17T09:35:19Z
dc.date.issued 2012-08-17
dc.date.submitted 1999-05
dc.identifier.uri http://hdl.handle.net/10210/6099
dc.description M.Comm. en_US
dc.description.abstract The objective of the study is to assess the impact of the European Union (EU) and South African (SA) Free Trade Agreement (FTA) in the manufacturing sector with reference to specific sectors using the results of the trade based economic model. Chapter two shows the gains that a country might benefit as a result of reducing its tariffs. However, it recommends that it is important to consider the extent to which tariffs are removed and industries liberalised. The nature of the South African manufacturing sector is analysed in the third chapter in order to identify the direction of South African trade and major products that are imported and exported by South Africa with its major trading partners. The European Union is found to have been and still is one of South Africa's major trading partner. Though there hasn't been much trade between non SACU members of SADC and South Africa, the study has found that it is important that regional trade or rather integration should be strengthened. The results of the SMART model (a partial equilibrium model) and the GTAP model (a computable general equilibrium model) are analysed and from the simulation almost the same category of products turn out to be the most important for the South African economy in terms of exports and productivity. The performance of these sectors with regard to exports and productivity is looked at and it was found that the capital intensive sectors might not be the sectors which will generate employment over the coming years, however the loss of employment will be compensated by employment creation in the labour intensive sectors which promise to have large growth potential. The South African manufacturing sector traditionally has had a domestic market focus, despite this, export opportunities have begun manifesting themselves recently. The African market, especially SADC countries, is opening up to South African products while potential markets in the northern hemisphere have also become more accessible due to agreements regarding the easing of trade barriers. The study has also found that there is trade potential between non SACU members of SADC and South Africa and there are trade opportunities from SADC to South Africa. The recommendation is that SADC should strengthen regional integration which is politically and economically important for industrial purposes and that when involved in negotiations South Africa should look for concessions that will enhance its interest to investors. en_US
dc.language.iso en en_US
dc.subject Free trade - South Africa en_US
dc.subject Equilibrium (Economics) en_US
dc.subject Industrialists -- South Africa en_US
dc.title An evaluation of the influence of the EU-SA free trade agreement on the manufacturing sector of South Africa en_US
dc.type Mini-Dissertation en_US

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