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Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework

The comparative discourse surrounding Malaysia's New Economic Policy (NEP) and South Africa's Black Economic Empowerment (BEE) policy has been receiving greater attention. While there certainly is a sound basis for direct comparison, much of the existing literature has viewed the comparison in a lim...

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Main Author: Mtshali, Hlumelo
Other Authors: Smith, Michael
Format: Thesis
Language:English
English
Published: School of Economics 2025
Subjects:
economics
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access_status_str Open Access
author Mtshali, Hlumelo
author2 Smith, Michael
author_browse Mtshali, Hlumelo
Smith, Michael
author_facet Smith, Michael
Mtshali, Hlumelo
author_sort Mtshali, Hlumelo
collection Thesis
description The comparative discourse surrounding Malaysia's New Economic Policy (NEP) and South Africa's Black Economic Empowerment (BEE) policy has been receiving greater attention. While there certainly is a sound basis for direct comparison, much of the existing literature has viewed the comparison in a limited manner with the NEP often being hailed as an emulate-worthy model of transformation. This thesis argues that comparative analysis is strengthened when incorporating the pivotal role that the distinct political settlements of each country had in dictating the content and relative success of these redistributive programs. Comparative Analysis is centred on the formation and economic impact of BEE in the South African mining sector and on the NEP in the Malaysian corporate sector more broadly. As such, it is the belief of the paper that by drawing on comparative PSA, the paper is able to begin to reframe the comparative discourse in more of a revealing manner that attempts to account for a wider set of the complex social, political and economic factors that underpinned the respective transformation efforts.
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institution University of Cape Town (South Africa)
language English
eng
last_indexed 2026-06-10T12:34:20.437Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher School of Economics
publisherStr School of Economics
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/41107 Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework Mtshali, Hlumelo Smith, Michael economics The comparative discourse surrounding Malaysia's New Economic Policy (NEP) and South Africa's Black Economic Empowerment (BEE) policy has been receiving greater attention. While there certainly is a sound basis for direct comparison, much of the existing literature has viewed the comparison in a limited manner with the NEP often being hailed as an emulate-worthy model of transformation. This thesis argues that comparative analysis is strengthened when incorporating the pivotal role that the distinct political settlements of each country had in dictating the content and relative success of these redistributive programs. Comparative Analysis is centred on the formation and economic impact of BEE in the South African mining sector and on the NEP in the Malaysian corporate sector more broadly. As such, it is the belief of the paper that by drawing on comparative PSA, the paper is able to begin to reframe the comparative discourse in more of a revealing manner that attempts to account for a wider set of the complex social, political and economic factors that underpinned the respective transformation efforts. 2025-03-05T11:09:27Z 2025-03-05T11:09:27Z 2024 2025-03-05T06:53:39Z Thesis / Dissertation Masters MCom http://hdl.handle.net/11427/41107 en eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle economics
Mtshali, Hlumelo
Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
thesis_degree_str Master's
title Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
title_full Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
title_fullStr Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
title_full_unstemmed Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
title_short Reframing the comparative discourse surrounding Malaysia's New Economic Policy and South Africa's black economic empowerment program through the lens of the political settlements framework
title_sort reframing the comparative discourse surrounding malaysia s new economic policy and south africa s black economic empowerment program through the lens of the political settlements framework
topic economics
url http://hdl.handle.net/11427/41107
work_keys_str_mv AT mtshalihlumelo reframingthecomparativediscoursesurroundingmalaysiasneweconomicpolicyandsouthafricasblackeconomicempowermentprogramthroughthelensofthepoliticalsettlementsframework

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