The analysis of development economics is a well-established area of research and provides a valuable prism through which to analyse the historical and contemporary opportunities and challenges faced by the global business community. Historically, Southern Africa has enabled us to learn much about under-development. It will play an increasingly central role in helping us comprehend contemporary developments in the globalised world economy.
In the past decade, several of the fastest growing countries in the world were Southern African and the International Monetary Fund (IMF) projects that growth south of the Sahara is expected to rise to 6.1 % in 2014, above the global average of 4%. As Southern African economies move from low to medium and even high income economies, previous economic and social patterns of development and business organisation are also undergoing significant change.
This rapid growth and investment has fuelled expectations of continued rises in GDP and per capita levels of income and has resulted in the new narrative of “Africa Rising”. Nineteenth century colonialism gave way to majority rule and a period of internal adjustment, all of which left their imprint on development. As twenty-first century globalisation continues apace and the economies of Southern Africa undergo rapid economic and social change, Southern Africa will become a fundamental area for future economic development. Whether viewed from the perspective of labour force, urbanisation or business organisation, Southern Africa will play an increasingly important role in African development.
This special issue offers the prospect of allowing researchers to explore aspects of the modern and recent global economy through a focus on Southern African economies and industries. Articles are invited on any business-related themes and can explore the opportunities and challenges from the perspective of producers, workers, employers, social development, etc.
Suitable topics include, but are not limited to, the following:
- Race and production relations
- Labour management
- Technology transfers
- Long term development issues
- State intervention
- Foreign direct investment
- Issues relating to relations in the Southern African economies
Submission of manuscripts: 1 September, 2014
Notification to authors: 1 November, 2014
Final versions due: 1 December, 2014