South African Economic Development in SADC Sub-Regional Integration

Abstract

Following the end of colonialism in the Southern African sub-region, the SADC has experienced a thorough rearrangement with South Africa as the front-runner as opposed to her pre-1994 stance on integration. African regional cooperation has nevertheless been revitalised in some ways as a result of the two major events which started in the beginning of the 1990s that include the abolition of the apartheid regime in South Africa, and the eventual stabilisation of both political and economic relationships in the Southern Africa sub-region. This study employs the use of content analyses to assess the position of South Africa investments in SADC. Through the use ofregional integration, the studyfurther examined various South Africa’s Key Economy Performance since 1994 which are the main contributing factors to South African economic growth; furthermore it looks at her material, commodity and political investment in the subregional integration process to determine if it serves as the strategy for National Economic Development for South Africa.The paper find out thatregardless of South Africa’s economic clout within the SADC region, its Foreign Direct Investment is predominantly from its investment and market penetration of Southern Africa region while maintaining constant economic growth.

African Economic Integration Development in Technological Transformation: Accessing the Importance of Ethical Leadership for Policy Implementation in SADC

“…As a process, Balassa (1961), states that it includes the various "measures designed to abolish discrimination between economic units belonging to different nation-states, thus leading to the formation of a political union". In the above, therefore, following the end of colonialism in the Southern African subregion, Enaifoghe & Adetiba (2018) underscores the significance that the SADC has undergone a comprehensive rearrangement with South Africa as the frontrunner, as opposed to its pre-1994 integration stance. They also added that "African regional cooperation has nevertheless been revitalised in several respects as a result of the two major events that began at the beginning of the 1990s" (Enaifoghe, Asuelime & Adetiba, 2017).…”

“…This paper contributes to the discourse on economic integration and African ethical development through regional growth and policy implementation, while exploring the lack of success and the challenges faced by the SADC integration in the Southern African sub-region and made recommendations for a way forward to achieving African regional development. The launch of "regional economic blocs not only strengthens member countries' positions on the global political landscape and bargaining power on international issues but also enables countries to collectively grapple with the region's economic progress" (Enaifoghe & Adetiba, 2018). Khandelwal (2004), view regional integration in Africa as a means of encouraging trade and securing economies of scale.…”

African Big Economies on the Continental Trade Liberalisation and Migration Policy Development

“…Nevertheless, it can as well have a negative impact on both economic and social aspects, notably if the regulatory framework on domestics becomes inadequate or not effectively implemented. The Southern African Development Community (SADC), continue expansion of the current integration processes in the sub-region amongst its members as its main commitment, has therefore adopted the Regional Indicative Strategic Development Plan (RISDP), this is to provide strategic direction in the design and formulation of SADC programs, projects and activities so as to achieve it development objectives and economic growth, alleviate poverty, enhance the standard and quality of life of the people of Southern Africa and support the socially disadvantaged, through regional integration (Enaifoghe and Adetiba, 2018).…”

“…It pursues other objectives such as propelling basic political quality frameworks and foundations, progression and ensuring peace and security. "Nevertheless, "The SADC has appears to be among the best integrated sub-region in Africa aided largely by South Africa's material, commodity and political investment" (Enaifoghe and Adetiba, 2018). As far as integrating the organisation is concerned, the SADC has recorded accomplishments on structure and restoration of transportation connection among its member states.…”

“…In 2011, ECOWAS embraced its improvement outline for the following decade, Vision 2020, and, to go with it, a Policy on Science and Technology (ECOPOST). Nevertheless, "it is argued that the SADC is seen to be lagging behind the Economic Community of West Africa States (ECOWAS) and the Common Market for East and Southern Africa (COMESA) particularly in both social and economic development of their members" (Enaifoghe, 2018). In any case, The World Bank has for quite some time been a champion of regional incorporation issues and has altogether scaled up support as of late after the dispatch of the Africa Regional Integration unit in 2004.…”