Debt, development and democracy: the IMF in post‐apartheid South Africa

Abstract

This article examines various aspects of South Africa's recent relations with the International Monetary Fund in the context of developments such as the December 1993 IMF Compensatory and Contingency Financing Facility (CCFF), the finalisation of the ANC's Reconstruction and Development Programme (RDP) in March 1994, and the election of South Africa's first democratic government in April 1994.