| Affiliation: | Professor and Head of the Department of Economics, University of Pretoria. Presidential Address delivered on the occasion of the 66th Annual General Meeting of the Economic Society of South Africa at the University of Pretoria, 12 October 1994. Parts of this paper are based on an earlier address, "An Economic Assessment of the RDP", delivered at a joint conference of the Institute for Strategic Studies and the Institute for Defence Policy: Financing the RDP: Guns or Butter? University of Pretoria, September 1994. |
