OECD Territorial Reviews Cape Town, South Africa by OECD Publishing (Paperback, 2008)
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About this product
- DescriptionThe Cape Town city-region, which is the second-largest area in South Africa (4 million inhabitants), reflects the national challenge of creating new ecomic opportunities while correcting past inequities. Since the end of the apartheid system, Cape Town has benefited from macroecomic stabilisation and has outpaced the national average growth rate. It has both modernised its traditional strengths in port logistics and developed invative sectors in tourism, agro-food processing, viticulture, financial and business services. Some of these industries compete successfully on the international market and attract skilled labour and foreign investment. However, the scale of ecomic exclusion in Cape Town curbs the spatial and social dissemination of ecomic growth and reduces the potential of ecomic drivers.While many of Cape Town's socio-ecomic problems and urban-policy challenges - income inequality, high unemployment, informal settlements, housing backlogs, mass transit inadequacies, crime, health disparities - are common throughout South Africa, the long history of apartheid has left the city with a segregated social geography that amplifies many of these daunting challenges. Currently 22% of the population is unemployed and 38% of residents live below the poverty line. This report identifies the key missing collective goods that could both create externalities for firms and foster a more equitable distribution. It provides a platform for the development of a forward-looking, cross-cutting regional development strategy and proposes new "second generation" governance reforms to consolidate previous achievements and respond to emerging obstacles. The Territorial Review of Cape Town is integrated into a series of thematic reviews of metropolitan regions undertaken by the OECD Territorial Development Policy Committee. The overall aim of these case studies is to draw and disseminate horizontal policy recommendations for national governments.
- Author(s)OECD Publishing
- PublisherOrganization for Economic Co-operation and Development (OECD)
- Date of Publication04/09/2008
- SubjectManagement & Business: General
- Place of PublicationParis
- Country of PublicationFrance
- ImprintOrganization for Economic Co-operation and Development (OECD)
- Content Note1, black & white illustrations
- Weight462 g
- Width156 mm
- Height234 mm
- Spine17 mm
- Format DetailsTrade paperback (US)
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