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oa Africa Insight - South African development aid to African countries

Volume 20, Issue 1
  • ISSN : 0256-2804

 

Abstract

The Republic of South Africa, as the regional power of Southern Africa, is vitally interested in having prosperous and politically stable neighbours and, as we will show, is well placed to promote the economic progress of distant as well as nearby African countries. Neighbouring countries are able to benefit from the strength and diversity of the South African economy thanks chiefly to the existence of an increasingly close and sophisticated network of intraregional commercial ties. Such intra-regional exchanges in trade, investment, transport, water and power supplies, labour, tourism and technology are far more developed in Southern Africa than elsewhere on the continent. These mutually beneficial exchanges stimulate the economic progress of the less advanced countries more effectively than does conventional development assistance in the shape of funds and other resources supplied free or on concessional terms.

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/content/afrins/20/1/AJA02562804_1173
1990-01-01
2019-11-13

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