pt. 1. The challenge of development. The dual economy -- The mixed economy -- The developmental state: towards a new paradigm -- The making of a developmental state: advice to Parliament / by Ha-Joon Chang -- Finance for development: lessons from Brazil / by João Carlos Ferraz --pt. 2. South Africa's political economy. The politics of economics -- Race and class -- The politics of job creation -- After the political kingdom: the economic challenge facing the ANC -- Competing centres of power -- Political economy -- BEE transactions and their unintended consequences -- Black business: the challenge of managing capitalism -- pt. 3. The global environment. Neoliberalism and globalisation -- The role of the IMF and the World Bank -- Policy dimensions of trade in the SADC region -- Africa and the economic partnership agreements (EPAs).