South Africa's Industrial Policies (Grade 12 NSC Matric Economics): Flashcards

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Industrial Development Policies and Regional Development
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SA's industrial development main goal

More diverse & competitive economy

NIPF full form

National Industrial Policy Framework

NIPF objective: making economy more varied

Economic diversification

IPAP cycle duration

3-year rolling cycle w/ 10-year outlook

% of SA's GDP from 4 metro areas

80%

4 metro areas producing 80% of SA's GDP

JHB-PTA-Tshwane, DBN-Pinetown, CPT, PE-Coega-Uitenhage

SDI purpose

Link economic hubs with underdeveloped regions

Number of Strategic Integrated Projects

17

IPAP-3 year & main phase focus

2012; integration, competitiveness & regional development

Governance requirement for regional development

Free of corruption, transparent, democratic decision-making

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