Season of Hope

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This is an insider's account of how the African National Congress (ANC) government addressed the enormous economic task it faced in South Africa's first decade of democracy, spanning the presidency of Nelson Mandela and the first term of President Thabo Mbeki. Season of Hope analyzes the economic legacy of apartheid and the evolution of the ANC's economic policy from the Reconstruction and Development Programme (RDP) to Growth, Employment, and Redistribution (GEAR). The book also focuses on globalization, the labor market, black economic empowerment, the two economies, and the urgent challenge of achieving faster growth in the future. Season of Hope a valuable contribution to the literature of economies in transition.