Mutheiwana, Khuliso2024-10-102024-10-102023-11-01https://hdl.handle.net/20.500.14519/783Submitted in partial fulfilment of the requirements for the degree Master of Economic: Comparative Local Development in the Department of Economics. Institute for Economic Research on Innovation (IERI). Faculty of Economics and Finance.This dissertation critically examines the effect of public institutions on economic development in South Africa. It addresses this area of enquiry within the context of the structural issues and unequal distribution of resources hindering the country's economic development. The study provides insights into the transformation needed in South African governance institutions to realise sustainable economic development. It also debates the role of public institutions, juxtaposing the perspectives that advocate strong institutions as essential for economic growth against views that emphasise the inhibiting of excessive institutional focus. The dissertation explores the significant historical, political and social changes in South Africa, particularly during the post-apartheid era, and evaluates the performance of public institutions in this context. The study reveals that public institutions significantly influence the country's economic trajectory, while challenges such as corruption and misalignment between policies and institutional functions impede progress. It emphasises the need for stronger institutional frameworks, particularly in enforcing the rule of law and property rights, to foster a conducive environment for investment and equitable growth. The research also underscores the importance of addressing historical inequities rooted in the apartheid era, which continue to shape the policy and economic landscapes. Furthermore, it advocates enhanced accountability and transparency within public institutions and suggests a more inclusive approach to policymaking.1-85 PagesenCC0 1.0 Universalhttp://creativecommons.org/publicdomain/zero/1.0/Public InstitutionsEconomic DevelopmentSouth AfricaStructural IssuesUnequal Distribution of ResourcesThesis