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With the recent announcement of the lifting of sanctions, South Africa stands poised to emerge from years of economic isolation into a world undergoing dramatic transformation. What patterns of trade and investment in the world at large will shape the external environment facing South Africa in the 1990s? And what will make a developing country like South Africa internationally competitive in this decade? Furthermore, what role can international trade and investment play in spurring economic growth in South Africa, alleviating the country's poverty and promoting a more equitable distribution of wealth? These are some of the questions that came under the spotlight at an international conference organized in 1993 by The Aspen Institute and IDASA (The Institute for a Democratic Alternative for South Africa). At this conference, held in South Africa, a number of leading economists and policy advisers from the United States, Asia, Latin America and Africa met to stimulate discussion about a range of critical issues facing the South African economy in the years ahead. This book, like the conference on which it is based, explores South Africa's international economic trends and their implications for South and Southern Africa.

Why haven't the poorest Africans been able to prosper in the twenty-first century? Celebrated economist George Ayittey thinks the answer is obvious: economic freedom was denied to them, first by foreign colonial powers and now by indigenous leaders with similarly oppressive practices. As war and conflict replaced peace, Africa's infrastructure crumbled. Instead of bemoaning the myriad difficulties facing the continent today, Ayittey boldly proposes a program of development--a way forward--for Africa. "Africa Unchained investigates how Africa can modernize, build, and improve its indigenous institutions, and argues forcefully that Africa should build and expand upon traditions of free markets and free trade rather than continuing to use exploitative economic structures. The economic model here is uniquely African and takes little heed from the developed world; this is sure to be a highly controversial plan for moving Africa forward.

Sub-Saharan Africa - Sub-Saharan Africa, Africa south of the Sahara, is the term used to describe those countries of Africa that are not considered part of North Africa or some areas of West Africa. In 19th Century Europe and the Americas, sub-Saharan Africa commonly was known as Black Africa or as Dark Africa, partly due to the race of its indigenous inhabitants and partly because much of it had not been fully mapped or explored by Westerners (Africa as a whole was ...

King of South Africa - The King or Queen of South Africa was the nominal ruler of the Union of South Africa during the state's existence as a dominion of the British Empire (and later a realm of the British Commonwealth) from May 31, 1910 to May 31, 1961 when the country became the Republic of South Africa. Since the Union of South Africa was a British dominion the British monarch served as South Africa's monarch represented by the Governor-General of the Union ...

Governor-General of the Union of South Africa - The Governor General of the Union of South Africa was the representative of the British Crown in South Africa between May 31,1910 and May 31,1961. The Union of South Africa was a Commonwealth Realm in which Queen Elizabeth II was given the title "Queen of South Africa", although she never visited the country in that capacity.

N3 (South Africa) - The N3 is a highway in South Africa that forms a part of the National Road System, connecting Johannesburg and Durban, respectively South Africa's largest and second-largest cities. Johannesburg is the financial and commercial heartland of South Africa, while Durban is South Africa's key port and one of the busiest ports in the Southern Hemisphere and is also a holiday destination.

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