Market liberalization in South African agriculture : did it lead to increased efficiency in the carbohydrate market?

Abstract

The first chapter provides a brief look at the extent of market liberalization in the South African agricultural sector. It shows which events led to the abolishment and deregulation of a number of marketing schemes under the Marketing Act. The second chapter discusses the results of the elimination of black commercial agriculture on the development of a viable employment-intensive rural economy. It is essential to restructure the rural economy in order to increase incomes for the existing population and create employment for a considerable share of the future population. It is concluded that market assisted approaches have possibilities for playing a major role in any rural restructuring effort in South Africa.