Kuwait's economy,the economic status of the GCC in general and bilateral relations between the GCC and SADC |
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Authors: | Adnan HA Al‐Kandary |
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Affiliation: | Controller of International Affairs, Ministery of Finance, Kuwait |
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Abstract: | Focusing more on South Africa's international cultural‐political‐economic strengths and weaknesses than on current domestic affairs, as it moves away from apartheid, this article examines the new South Africa's chances for ascent (development) or descent (underdevelopment) within the world system. Politically, the State will remain weak by international standards. Economically, it is in decline, largely because it is uncompetitive internationally; and these negative trends well pre‐date the unrest and sanctions of the mid‐1980s. It is concluded that the new South Africa will be fortunate to maintain its present position in the medium‐term. |
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