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| economics of south africa: The Oxford Handbook of the South African Economy Arkebe Oqubay, Fiona Tregenna, Imraan Valodia, 2022-01-20 While sharing some characteristics with other middle-income countries, South Africa is a country with a unique economic history and distinctive economic features. It is a regional economic powerhouse that plays a significant role, not only in southern Africa and in the continent, but also as a member of BRICS. However, there has been a lack of structural transformation and weak economic growth, and South Africa faces the profound triple challenges of poverty, inequality, and unemployment. Any meaningful debate about economic policies to address these challenges needs to be informed by a deep understanding of historical developments, robust empirical evidence, and rigorous analysis of South Africa's complex economic landscape. This volume seeks to provide a wide-ranging set of original, detailed, and state-of-the-art analytical perspectives that contribute to scientific knowledge as well as to well-informed and productive discourse on the South African economy. While concentrating on the more recent economic issues facing South Africa, the handbook also provides historical and political context. It offers an in-depth examination of strategic issues in the country's key economic sectors, and brings together diverse analytical perspectives. |
| economics of south africa: An Economic History of South Africa C. H. Feinstein, 2005-06-23 This book examines five hundred years of South African economic history. |
| economics of south africa: Everyone’s Guide to the South African Economy (13th edition) André Roux, 2019-12-01 Recession, inflation, interest rates, income tax, exchange rates ... We are bombarded with these terms every day - by newspapers, the radio, TV and the internet - but what do they actually mean? And how do they impact on you? In this updated edition of Everyone’s Guide to the South African Economy, all these issues - and more - are addressed. The book clearly explains and evaluates a wide range of economic occurrences - from the budget and the rand/dollar exchange rate to the balance of payments and the role of the South African Reserve Bank. The book investigates the causes and consequences of the 2008/2009 global financial and economic crisis, looks at the sub-Saharan African economy, and explores human development issues in South Africa and their implications for policy-making. If you are baffled by the specialised jargon of economists and bankers and want to know more about the economic forces that subtly dictate your day-to-day existence, Everyone’s Guide to the South African Economy will put you in the picture. This is essential reading for every South African consumer and taxpayer. Economics, after all, is too important to be left to economists. |
| economics of south africa: Season of Hope Alan Hirsch, Sally Hines, 2005 Offers an insight into the circumstances under which the policies were developed, implemented and reviewed, as well as a study of the outcomes. This book addresses questions such as: How could an organisation with no previous experience of governing accomplish a peaceful transition to democracy? How did they do it and where are they going? |
| economics of south africa: How Immigrants Contribute to South Africa's Economy OECD, International Labour Organization, 2018-07-26 How Immigrants Contribute to South Africa’s Economy is the result of a project carried out by the OECD Development Centre and the International Labour Organization, with support from the European Union. |
| economics of south africa: OECD Economic Surveys: South Africa 2020 OECD, 2020-07-31 The COVID-19 outbreak is worsening an already fragile economic outlook. Since 2013, growth has been modest and unemployment has been rising. Policy uncertainty has been the main driver of low confidence and subdued investment. Following a sharp fiscal deterioration in recent years, the crisis also heightened debt sustainability challenges. |
| economics of south africa: African Economic Development Steven Langdon, Archibald R.M. Ritter, Yiagadeesen Samy, 2018-03-05 Sub-Saharan Africa is at a turning point. The barriers to economic growth seen in the 1980-2000 era are disappearing and new optimism is spreading. However, difficult goals of eliminating poverty, achieving equity and overcoming environmental threats continue. This much-needed and insightful textbook has been written to help us understand this combination of emerging improvements and significant challenges. Opening with an analysis of the main theories relating to development in Sub-Saharan Africa, the book explores all the key issues, including: Human development; Rapid urbanization; Structural and gender dimensions; Sustainable development and environmental issues; and Africa’s role in the world economy. The authors use economic tools and concepts throughout, in a way that makes them accessible to students without an economics background. Readers are also aided by a wide range of case studies, on-the-ground examples and statistical information, which provide a detailed analysis of each topic. This text is also accompanied by an e-resource, featuring additional sources for students and instructors. African Economic Development is a clear and comprehensive textbook suitable for courses on African economic development, development economics, African studies and development studies. |
| economics of south africa: Economics of South African Townships Sandeep Mahajan, 2014-08-25 Countries everywhere are divided within into two distinct spatial realms: one urban, one rural. Classic models of development predict faster growth in the urban sector, causing rapid migration from rural areas to cities, lifting average incomes in both places. The situation in South Africa throws up an unconventional challenge. The country has symptoms of a spatial realm that is not not rural, not fully urban, lying somewhat in limbo. This is the realm of the country’s townships and informal settlements (T&IS). In many ways, the townships and especially the informal settlements are similar to developing world slums, although never was a slum formed with as much central planning and purpose as were some of the larger South African townships. And yet, there is something distinct about the T&IS. For one thing, unlike most urban slums, most T&IS are geographically distant from urban economic centers. Exacerbated by the near absence of an affordable public transport system, this makes job seeking and other forms of economic integration prohibitively expensive. Motivated by their uniqueness and their special place in South African economic and social life, this study seeks to develop a systematic understanding of the structure of the township economy. What emerges is a rich information base on the migration patterns to T&IS, changes in their demographic profiles, their labor market characteristics, and their access to public and financial services. The study then look closely at Diepsloot, a large township in the Johannesburg Metropolitan Area, to bring out more vividly the economic realities and choices of township residents. Given the current dichotomous urban structure, modernizing the township economy and enabling its convergence with the much richer urban centers has the potential to unleash significant productivity gains. Breaking out of the current low-level equilibrium however will require a comprehensive and holistic policy agenda, with significant complementarities among the major policy reforms. While the study tells a rich and coherent story about development patterns in South African townships and points to some broad policy directions, its research and analysis will generally need to be deepened before being translated into direct policy action. |
| economics of south africa: Economics for South African Students Philip Mohr, 2004 This title is an introduction to economics in general, set against a contemporary South African background. The practical examples make this publication extremely accessible. |
| economics of south africa: Structural Transformation in South Africa Antonio Andreoni, Pamela Mondliwa, Simon Roberts, Fiona Tregenna, 2021 Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries. |
| economics of south africa: The Oxford Companion to the Economics of South Africa Haroon Bhorat, Alan Hirsch, S. M. Ravi Kanbur, Mthuli Ncube, 2014 52 entries by leading economists from within and working on South Africa bringing together perspectives on a range of issues: micro, macro, sectoral, country wide and global. |
| economics of south africa: Business Cycles and Structural Change in South Africa Willem H. Boshoff, 2020-04-20 This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle. |
| economics of south africa: African Economic Outlook 2017 Entrepreneurship and Industrialisation African Development Bank, OECD, United Nations Development Programme, 2017-05-22 The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years. |
| economics of south africa: The South African Economy D. Hobart Houghton, 1976 |
| economics of south africa: Post-Apartheid South Africa Vusi Gumede, 2016-06-28 Introduction -- Development dilemmas -- The post-apartheid development experience -- Evolution of policy in post-apartheid South Africa -- Nation building -- Social and economic transformation : policies and prospects -- Conclusion: towards an inclusive society |
| economics of south africa: Globalization and the Southern African Economies Mats Lundahl, 2004 Focuses on the place of Southern Africa in the globalized economy. Identifies the overall economic trends in the African continent and the responses, required and actual, to the impact of an increasingly interdependent world economy. |
| economics of south africa: Growth, Employment and Redistribution , 1994 |
| economics of south africa: Economic and Monetary Sovereignty in 21st Century Africa Maha Ben Gadha, Fadhel Kaboub, Kai Koddenbrock, Ines Mahmoud, Ndongo Samba Sylla, 2021-10-20 The story of how African societies are resisting financial dependency and colonial legacies |
| economics of south africa: South Africa in Focus C. C. Wolhuter, 2013 In 1994, South Africas image in the world changed instantaneously from the polecat to that of being a model. The intensity of the societal conflict in the run-up to 1994, and the nature of the post-1994 societal reconstruction focused the attention of the whole world on South Africa. The societal changes have been of a social, economic, political and educational nature; the foundation of which had been laid by a Constitution and a Bill of Human Rights widely hailed as one of the most progressive in the world. After almost two decades, the time is ripe for an assessment. This book offers nine essays written by scholars who are recognised authorities in their fields of expertise, critically surveying some aspects of that societal reconstruction project. |
| economics of south africa: The Economics of the Colour Bar William Harold Hutt, 1964 |
| economics of south africa: Economic Growth and Development in Africa Horman Chitonge, 2015-01-09 In recent years, Africa has undergone the longest period of sustained economic growth in the continent’s history, drawing the attention of the international media and academics alike. This book analyses the Africa Rising narrative from multidisciplinary perspectives, offering a critical assessment of the explanations given for the poor economic growth and development performance in Africa prior to the millennium and the dramatic shift towards the new Africa. Bringing in perspectives from African intellectuals and scholars, many of whom have previously been overlooked in this debate, the book examines the construction of Africa’s economic growth and development portraits over the years. It looks at two institutions that play a vital role in African development, providing a detailed explanation of how the World Bank and the IMF have interpreted and dealt with the African challenges and experiences. The insightful analysis reveals that if Africa is rising, only 20-30 per cent of Africans are aboard the rising ship, and the main challenge facing the continent today is to bring on board the majority of Africans who have been excluded from growth. This book makes the complex, and sometimes confusing debates on Africa’s economic growth experience more accessible to a wide range of readers interested in the Africa story. It is essential reading for students and researchers in African Studies, and will be of great interest to scholars in Development Studies, Political Economy, and Development Economics. |
| economics of south africa: Political Economy of Post-apartheid South Africa Gumede, Vusi, 2017-05-05 The book, made up of three parts, covers a wide spectrum of political economy issues on post-apartheid South Africa. Although the text is mainly descriptive, to explain various areas of the political economy of post-apartheid South Africa, the first and the last parts provide illuminating insights on the kind of society that is emerging during the twenty-one years of democracy in the country. The book discusses important aspects of the political history of apartheid South Africa and the evolution of post-apartheid society, including an important recap of the history of southern Africa before colonialism. The text is a comprehensive description of numerous political economy phenomena since South Africa gained its political independence and covers some important themes that have not been discussed in detail in other publications on post-apartheid South Africa. The book also updates earlier work of the author on policy and law making, land and agriculture, education and training as well as on poverty and inequality in post-apartheid South Africa thereby providing a wide-ranging overview of the socio-economic development approaches followed by the successive post-apartheid administrations. Interestingly, three chapters focus on various aspects of the post-apartheid South African economy: economic policies, economic empowerment and industrial development. Through the lens of the notion of democratic developmental state and taking apartheid colonialism as a point of departure, the book suggests that, so far, post-apartheid South Africa has mixed socio-economic progress. The author’s extensive experience in the South African government ensures that the book has policy relevance while it is also theoretically sound. The text is useful for anyone who wants to understand the totality of the policies and legislation as well as the political economy interventions pursued since 1994 by the South African Government. |
| economics of south africa: Competition Law and Economic Regulation in Southern Africa Imraan Valodia, Jonathan Klaaren, Simon Roberts, 2017-07-04 Shaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa. By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field. |
| economics of south africa: Political Economies of Energy Transition Kathryn Hochstetler, 2020-11-26 Shows that economic concerns about jobs, costs, and consumption, rather than climate change, are likely to drive energy transition in developing countries. |
| economics of south africa: Aging in Sub-Saharan Africa National Research Council, Division of Behavioral and Social Sciences and Education, Committee on Population, Panel on Policy Research and Data Needs to Meet the Challenge of Aging in Africa, 2006-11-10 In sub-Saharan Africa, older people make up a relatively small fraction of the total population and are supported primarily by family and other kinship networks. They have traditionally been viewed as repositories of information and wisdom, and are critical pillars of the community but as the HIV/AIDS pandemic destroys family systems, the elderly increasingly have to deal with the loss of their own support while absorbing the additional responsibilities of caring for their orphaned grandchildren. Aging in Sub-Saharan Africa explores ways to promote U.S. research interests and to augment the sub-Saharan governments' capacity to address the many challenges posed by population aging. Five major themes are explored in the book such as the need for a basic definition of older person, the need for national governments to invest more in basic research and the coordination of data collection across countries, and the need for improved dialogue between local researchers and policy makers. This book makes three major recommendations: 1) the development of a research agenda 2) enhancing research opportunity and implementation and 3) the translation of research findings. |
| economics of south africa: African Economic Development Christopher Cramer, John Sender, Arkebe Oqubay, 2020 This book challenges conventional wisdoms about economic performance and possible policies for economic development in African countries. Its starting point is the striking variation in African economic performance. Unevenness and inequalities form a central fact of African economic experiences. The authors highlight not only differences between countries, but also variations within countries, differences often organized around distinctions of gender, class, and ethnic identity. For example, neo-natal mortality and school dropout have been reduced, particularly for some classes of women in some areas of Africa. Horticultural and agribusiness exports have grown far more rapidly in some countries than in others. These variations (and many others) point to opportunities for changing performance, reducing inequalities, learning from other policy experiences, and escaping the ties of structure, and the legacies of a colonial past. The book rejects teleological illusions and Eurocentric prejudice, but it does pay close attention to the results of policy in more industrialized parts of the world. Seeing the contradictions of capitalism for what they are - fundamental and enduring - may help policy officials protect themselves against the misleading idea that development can be expected to be a smooth, linear process, or that it would be were certain impediments suddenly removed. The authors criticize a wide range of orthodox and heterodox economists, especially for their cavalier attitude to evidence. Drawing on their own decades of research and policy experience, they combine careful use of available evidence from a range of African countries with political economy insights (mainly derived from Kalecki, Kaldor and Hischman) to make the policy case for specific types of public sector investment-- |
| economics of south africa: The Blue Economy in Sub-Saharan Africa DONALD L. SPARKS, 2021-06-16 The blue economy, comprising coastal and marine resources, offers vast benefits for sub-Saharan Africa: of the 53 countries and territories in the region, 32 are coastal states; there are 13 million sq km of maritime zones; more than 90% of the region’s exports and imports come by sea; and the African Union hails the blue economy as the ‘new frontier of African renaissance’. Despite their importance, the region’s coastal and marine resources have been neither fully appreciated nor fully utilized. They are only now being recognized as being key to Africa’s potential prosperity. As the region grows, it has, in general, not taken adequate safeguards to protect these valuable resources. That is partly because some of the problems (pollution, for example) are regional and know no borders. All too often, short-term gains are made at the expense of the long term (overfishing, for example). This book provides, for the first time, a study of the constraints and opportunities the blue economy offers for sub-Saharan Africa. It includes an introduction and overview; sectoral analyses (including tourism, fisheries, mineral resources, culture, shipping and maritime safety); country case studies; and analyses of regional and international efforts towards better coastal zone and marine management. |
| economics of south africa: Industries Without Smokestacks Richard S. Newfarmer, Finn Tarp, John Page, 2018 A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER) |
| economics of south africa: Everyone’s Guide to the South African Economy André Roux, 2022-12-01 Recession, inflation, interest rates, income tax, exchange rates, junk bonds … We are bombarded with these terms every day, but what do they actually mean? And how do they affect you? In this updated edition of Everyone’s Guide to the South African Economy, all these issues – and more – are addressed. The book clearly explains and evaluates a wide range of economic occurrences – from the budget and the rand/dollar exchange rate to the balance of payments and the role of the South African Reserve Bank. The book investigates the impact of the 2008/2009 global financial crisis and the COVID pandemic, assesses the state of the sub-Saharan African economy, and explores human development issues in South Africa and their implications for policy-making. If you are baffled by the specialised jargon of economists and bankers and want to know more about the economic forces that subtly dictate your day-to-day existence, Everyone’s Guide to the South African Economy will put you in the picture. This is essential reading for every South African consumer and taxpayer. Economics, after all, is too important to be left to economists. |
| economics of south africa: Opening the South African Economy Thando Vilakazi, Sumayya Goga, Simon Roberts, 2020 What does it take for entrepreneurs to be effective competitors? What are the factors affecting entry and participation in sectors where there are historically strong incumbent firms? Opening the South African Economy brings to light the challenges of concentration, inequality and exclusion in different sectors of the South African economy. The book begins with an assessment of the current state of the economy. Detailed case studies then recount the experiences - good and bad - of well-known South African entrant firms in sectors that are critical for facilitating economic growth, including retail, food, fuel, telecommunications, airlines and banking. Important cross-cutting chapters reflect on the role that government policies can play in achieving a more open, inclusive and competitive economy and the use (and misuse) of policy tools such as competition law, black economic empowerment and state procurement. It concludes with a set of concrete recommendations for opening up the South African economy, improved coordination among state institutions and inclusive industrial development.--Back cover |
| economics of south africa: Botswana – A Modern Economic History Ellen Hillbom, Jutta Bolt, 2018-03-14 Together with Mauritius, Botswana is often categorized as one of two growth miracles in sub-Saharan Africa. Due to its spectacular long-run economic performance and impressive social development, it has been termed both an economic success story and a developmental state. While there is uniqueness in the Botswana experience, several aspects of the country’s opportunities and challenges are of a more general nature. Throughout its history, Botswana has been both blessed and hindered by its natural resource abundance and dependency, which have influenced growth periods, opportunities for economic diversification, strategies for sustainable economic and social development, and the distribution of incomes and opportunities. Through a political economy framework, Hillbom and Bolt provide an updated understanding of an African success story, covering the period from the mid-19th century, when the Tswana groups settled, to the present day. Understanding the interaction over time between geography and factor endowments on the one hand, and the development of economic and political institutions on the other, offers principle lessons from Botswana’s experience to other natural resource rich developing countries. |
| economics of south africa: An Economic History of Development in sub-Saharan Africa Ellen Hillbom, Erik Green, 2019-06-19 ‘This is a desperately needed book. It not only surveys the field of African economic history at the level of undergraduate students, but provides several fresh perspectives, drawing on insights from the latest research on the evolution of African societies and their economic prosperity. This valuable source of teaching material will be the premier text on African economic history for at least the next decade.’ —Johan Fourie, Stellenbosch University, South Africa This upper level textbook offers a historical understanding of sub-Saharan Africa. By looking at the economic history of the African region from before the arrival of European territorial control all the way through to Africa’s integration in the current era of globalisation, readers can understand the development paths for African countries today. Organisation of production, social structures, trade, and governance are key factors in the discussion about African success stories and failures. Suitable reading for upper level undergraduates, MSc and postgraduate students, in addition to policy makers and development practitioners looking for a comprehensive overview of Africa from an economic and social perspective. Hillbom and Green also provide a starting point for the study of African economic history for those who would like to continue their own research in this area. |
| economics of south africa: The Imperial Factor in South Africa Cornelius William De Kiewiet, 1937 |
| economics of south africa: The Political Economy of Modern South Africa Alf Stadler, 2022-10-05 Originally published in 1987 this book argues that South African politics reflect the changing ways in which the region has been incorporated into the world economy. It traces the effects of a process of industrialisation under the dominance of mining on the other sectors of the economy, and on the evolution of the class structure. It shows how a coercive labour system influenced the definition of political and social rights in racial terms and profoundly influenced the development of authoritarian controls over blacks in the urban and rural areas from the 1920s onwards. The book includes an essay on the different strands in the reform movement and speculates about the social and political forces which underlined the political changes which began to take place during the mid-1970s. |
| economics of south africa: Public Economics for South African Students Philip A. Black, 2003 This title is an up-to-date approach to South African public economic theory and practice, incorporating structural reforms of the tax system. The text describes the role of government in shaping the economy and discusses the role it should play. |
| economics of south africa: Policy, Politics and Poverty in South Africa Jeremy Seekings, Nicoli Nattrass, Kasper, 2015-07-21 Seekings and Nattrass explain why poverty persisted in South Africa after the transition to democracy in 1994. The book examines how public policies both mitigated and reproduced poverty, and explains how and why these policies were adopted. The analysis offers lessons for the study of poverty elsewhere in the world. |
| economics of south africa: Circular Economy: Recent Trends in Global Perspective Sadhan Kumar Ghosh, Sannidhya Kumar Ghosh, 2021-11-23 This book presents the advantages of the circular economy as a powerful - and inevitable - model for tackling the current challenges against shrinking resources and establishing the resource efficient economy. The experienced contributors present the status and strategies of circular economy implementation in several countries with hands on experience to protect the environment while promoting the circular economy through legislative requirements, best practices adopted and popularizing the idea of circulation of resources amongst the researchers & academia, policy makers, industry, and the general public at large. The book advocates model that consists of designing products and processes with a view to endlessly recycling them evolving a greater scope of sustainable development. |
| economics of south africa: Women's Economic Empowerment Kate Grantham, Gillian Dowie, Arjan de Haan, 2021-03-04 This book investigates the barriers to women’s economic empowerment in the Global South. Drawing on evidence from a wide range of countries, the book outlines important lessons and practical solutions for promoting gender equality. Despite global progress in closing gender gaps in education and health, women’s economic empowerment has lagged behind, with little evidence that economic growth promotes gender equality. International Development Research Centre’s (IDRC) Growth and Economic Opportunities for Women (GrOW) programme was set up to provide policy lessons, insights, and concrete solutions that could lead to advances in gender equality, particularly on the role of institutions and macroeconomic growth, barriers to labour market access for women, and the impact of women’s care responsibilities. This book showcases rigorous and multi-disciplinary research emerging from this ground-breaking programme, covering topics such as the school-to-work transition, child marriage, unpaid domestic work and childcare, labour market segregation, and the power of social and cultural norms that prevent women from fully participating in better paid sectors of the economy. With a range of rich case studies from Burkina Faso, Democratic Republic of the Congo, Ethiopia, Ghana, India, Kenya, Nepal, Rwanda, Sri Lanka, Tanzania, and Uganda, this book is perfect for students, researchers, practitioners, and policymakers working on women’s economic empowerment and gender equality in the Global South. |
| economics of south africa: Sustainability Transitions in South Africa Najma Mohamed, 2018 South Africa's transition to sustainability : an overview / Najma Mohamed -- Reaping the socio-economic benefits of an inclusive transition to sustainability / Brent Cloete, Samantha Munro and Nolwazi Sokhulu -- Climate change and vulnerability in South Africa : sustainability transitions in a changing climate? / Coleen Vogel and Mark Swilling -- Sustainability transitions and employment in South Africa : a multi-dimensional approach / Gaylor Montmasson-Clair -- Policies for sustainability transformations in South Africa : a critical review / Najma Mohamed and Gaylor Montmasson-Clair -- Transitioning South Africa's finance system towards sustainability / Chantal Naidoo -- The role of national systems of innovation in South Africa's sustainability transition / Shanna Nienaber -- Green skills : transformative niches for greening work / Presha Ramsarup, Eureta Rosenberg, Heila Lotz-Sisitka and Nicola Jenkin -- Creating partnerships to sustain value / Chantal Ramcharan-Kotze and Johan Olivier -- Inclusive sustainability transitions / Najma Mohamed |
| economics of south africa: Economics Pieter Cornelis Smit, 1996 This text provides an introduction to the central tenets of economic theory. Each section of the book takes the reader from the elementary to the more advanced theories and applications, and is written from a Southern African perspective. |
Macroeconomic Trends in South Africa
2023 was a challenging year for the South African economy – an expected anemic GDP growth of below 1 per cent, influenced by persisting freight, logistics, governance and energy supply...
Challenges and Complexities of the South African Economy
South Africa shares some commonalities with other African and middle-income economies, yet has a unique history and some distinctive economic features. South Africa’s economic …
Macroeconomic Policy Review - National Treasury
South Africa faces significant macroeconomic policy challenges, most notably the need to secure faster economic growth sustainably and in a way that is inclusive, that can only be solved on …
SOUTH AFRICA Key conditions and The political economy is …
South Africa’s economic potential. Real GDP growth is projected to average 1.3 percent over 2024-26, as energy sector re-forms are expected to improve electricity supply gradually. To …
South African Economic Reconstruction and Recovery Plan
The South African Economic Reconstruction and Recovery Plan has three phases: Engage and Preserve - which includes a comprehensive health response to save lives and curb the spread …
Economic and Employment Trends in South Africa
South Africa’s economic recovery is its struggle to attract substantial foreign investment, lagging other emerging markets (Slide 7). A major growth opportunity for South Africa will come …
Supply-Side Economics of a Good Type - Harvard University
Much of the descriptive and at least some of the early econometric work on the South African labour market, using standard Heckman selection-type econometric models, sought to …
Economics - gimmenotes
• Introduction to economics. Chapter 1 (if not covered yet) • The circular flow of income and spending. Chapter 3, whole chapter •Measuring the performance of the economy. Chapter 4, …
Understanding South Africa’s economic puzzles* - Scholars at …
South Africa has undergone a remarkable transformation since its democratic transition in 1994, but economic growth and employment generation have been disappointing. Most worryingly, …
Performance of the primary and secondary sectors of the …
This section provides a snapshot, on an aggregated basis, of the performance of the agriculture, mining and manufacturing sectors (either in value terms, or as a proportion of the total and/or …
Q1.20 Macro-economic outlook 2020 2025: South Africa sees …
South Africa is at risk of seeing an economic growth rate of below 1.0% y/y this year as a number of structural problems remain unresolved. This comes after a growth rate of likely below 0.5% …
Innovation and socio-economic development challenges in …
pressing socio-economic challenges facing South Africa, and briefly reviewing selected international and national strategic initiatives for science, technology and innovation (STI) and …
Economic Insights | 03 September 2024 Gross Domestic …
ECONOMICS | South Africa GDP | 1 As widely expected, the economy recovered off a low base. • Direction: Real GDP expanded by 0.4% qoq in Q2, matching our expectations but falling …
Lockdown Economics: Key Challenges Facing the South …
In this light, this note presents a brief overview of some of the pandemic’s economic effects that have so far been observed in South Africa, with a focus on five of the most significant issues …
2024 BUDGET REVIEW ECONOMIC OUTLOOK - National …
Over the next three years, South Africa’s economy is forecast to grow at an average of 1.6 per cent, a moderate improvement on the 1.4 per cent average expected at the time of the 2023 …
Globalisation and Economic Growth in South Africa: Do We
In South Africa approximately 98 per cent of the current growth performance in the country can be explained by the forces of globalisation. The process of globalisation has influenced most …
Recent developments in the global and South African …
The South African economy’s expansion in the first quarter of 2021 surprised on the upside. Gross domestic product (GDP) increased by 1.1% in real terms compared to the fourth quarter of …
GROWTH, EMPLOYMENT AND REDISTRIBUTION A …
As South Africa moves toward the next century, we seek: • a competitive fast-growing economy which creates sufficient jobs for all workseekers; • a redistribution of income and opportunities …
Economic overview - IDC
• South Africa benefitted substantially from the robust global economic recovery in 2021. The steep rise in world trade volumes lifted demand for a wide variety of goods, extending well …
Economic outlook - National Treasury
The South African economy grew faster than expected in the first half of 2021, but this momentum is expected to wane following public violence in July, port and rail disruptions, and the third …
Macroeconomic Trends in South Africa
2023 was a challenging year for the South African economy – an expected anemic GDP growth of below 1 per …
Challenges and Complexities of the South African Econo…
South Africa shares some commonalities with other African and middle-income economies, yet has a …
Macroeconomic Policy Review - National Treasury
South Africa faces significant macroeconomic policy challenges, most notably the need to secure faster …
SOUTH AFRICA Key conditions and The politica…
South Africa’s economic potential. Real GDP growth is projected to average 1.3 percent over 2024-26, as energy …
South African Economic Reconstruction and Recov…
The South African Economic Reconstruction and Recovery Plan has three phases: Engage and Preserve - …
