“By 1992 the South African mining industry is likely to have shrunk by one quarter, with enormous consequences for the whole country.” Jean Leger and Martin Nicol give a background to the present profound crisis, with special reference to the gold industry. They examine recent government views and analyse those of employers. They also propose a mechanism of short term assistance to the industry and address the areas where fundamental restructuring is required.
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Leger et al. (1991) studied this question.