The Economics Of Apartheid

"The South African economy is too far advanced to be able to sustain apartheid." Why this striking conclusion makes sense and how the heavily state-run economy reached that point are explained in some detail in this interesting and timely volume. The limited but real effects of external pressure are carefully analyzed, and there is an imaginative examination of what directions might be taken by a post-apartheid economy. The author, an economist with a good bit of African experience, is president of Carleton College.