Struggling to Make the Grade: A Review of the Causes and Consequences of the Weak Outcomes of South Africa’s Education System

Struggling to Make the Grade: A Review of the Causes and Consequences of the Weak Outcomes of South Africa’s Education System PDF Author: Mr.Montfort Mlachila
Publisher: International Monetary Fund
ISBN: 1498301851
Category : Business & Economics
Languages : en
Pages : 61

Get Book Here

Book Description
While South Africa has made significant improvements in basic and tertiary education enrollment, the country still suffers from significant challenges in the quality of educational achievement by almost any international metric. The paper finds that money is clearly not the main issue since the South Africa’s education budget is comparable to OECD countries as a percent of GDP and exceeds that of most peer sub-Saharan African countries in per capita terms. The main explanatory factors are complex and multifaceted, and are associated with insufficient subject knowledge of some teachers, history, race, language, geographic location, and socio-economic status. Low educational achievement contributes to low productivity growth, and high levels of poverty, unemployment, and inequality. Drawing on the literature, the paper sketches some policy considerations to guide the debate on what works and what does not.

How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? PDF Author: Mr.Ari Aisen
Publisher: International Monetary Fund
ISBN: 1455211907
Category : Business & Economics
Languages : en
Pages : 30

Get Book Here

Book Description
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

Struggling to Make the Grade: A Review of the Causes and Consequences of the Weak Outcomes of South Africa’s Education System

Struggling to Make the Grade: A Review of the Causes and Consequences of the Weak Outcomes of South Africa’s Education System PDF Author: Mr.Montfort Mlachila
Publisher: International Monetary Fund
ISBN: 1498301851
Category : Business & Economics
Languages : en
Pages : 61

Get Book Here

Book Description
While South Africa has made significant improvements in basic and tertiary education enrollment, the country still suffers from significant challenges in the quality of educational achievement by almost any international metric. The paper finds that money is clearly not the main issue since the South Africa’s education budget is comparable to OECD countries as a percent of GDP and exceeds that of most peer sub-Saharan African countries in per capita terms. The main explanatory factors are complex and multifaceted, and are associated with insufficient subject knowledge of some teachers, history, race, language, geographic location, and socio-economic status. Low educational achievement contributes to low productivity growth, and high levels of poverty, unemployment, and inequality. Drawing on the literature, the paper sketches some policy considerations to guide the debate on what works and what does not.

Exchange Rate Flexibility and Credit during Capital Inflow Reversals

Exchange Rate Flexibility and Credit during Capital Inflow Reversals PDF Author: Mr.Nicolas E. Magud
Publisher: International Monetary Fund
ISBN: 1484353463
Category : Business & Economics
Languages : en
Pages : 30

Get Book Here

Book Description
We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with different degrees of exchange rate flexibility. We find that exchange rate flexibility is associated with milder credit growth during the boom but, even though smaller than in more rigid regimes, it cannot shield the economy from a credit reversal. Furthermore, we observe what we dub as a recovery puzzle: credit growth in economies with more flexible exchange rate regimes remains tepid well after the capital flow reversal takes place. This results stress the complementarity of macro-prudential policies with the exchange rate regime. More flexible regimes could help smoothing the credit cycle through capital surchages and dynamic provisioning that build buffers to counteract the credit recovery puzzle. In contrast, more rigid exchange rate regimes would benefit the most from measures to contain excessive credit growth during booms, such as reserve requirements, loan-to-income ratios, and debt-to-income and debt-service-to-income limits.

Business Cycles and Structural Change in South Africa

Business Cycles and Structural Change in South Africa PDF Author: Willem H. Boshoff
Publisher: Springer Nature
ISBN: 3030357546
Category : Business & Economics
Languages : en
Pages : 297

Get Book Here

Book Description
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.

Socioeconomic Behaviour and Foreign Policy Changes by International Law

Socioeconomic Behaviour and Foreign Policy Changes by International Law PDF Author: Benjamin Koch
Publisher: epubli
ISBN: 375844134X
Category : Business & Economics
Languages : en
Pages : 113

Get Book Here

Book Description
This doctoral thesis explores the impact of socioeconomic behaviour and foreign policy changes by international law on economic growth factors. The study investigates the ways in which changes in socioeconomic behaviour and foreign policy can affect economic growth, and the role that international law plays in shaping these factors. The research methodology involved a comprehensive review of literature in the field, as well as the analysis of relevant case studies. The findings of this research demonstrate that socioeconomic behaviour and foreign policy changes can have significant impacts on economic growth factors, including productivity, innovation, investment, trade, and employment. International law plays a crucial role in shaping these factors by providing a framework for economic cooperation, promoting stability and predictability, and resolving conflicts. This thesis contributes to the existing literature by providing a comprehensive analysis of the relationships between socioeconomic behaviour, foreign policy changes, and economic growth factors, and by highlighting the important role of international law in shaping these factors. The study also provides insights into policy implications for governments and international organizations to promote sustainable economic growth.

Proposed Economic Sanctions Against South Africa

Proposed Economic Sanctions Against South Africa PDF Author: United States. Congress. House. Committee on Foreign Affairs
Publisher:
ISBN:
Category : Apartheid
Languages : en
Pages : 740

Get Book Here

Book Description


Season of Hope

Season of Hope PDF Author: Alan Hirsch
Publisher: IDRC
ISBN: 1552502155
Category : Business & Economics
Languages : en
Pages : 305

Get Book Here

Book Description
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?

Politics and the Effectiveness of Foreign Aid

Politics and the Effectiveness of Foreign Aid PDF Author: Peter Boone
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 72

Get Book Here

Book Description
Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic regimes labeled egalitarian, elitist and laissez-faire would use foreign aid. I then test reduced form equations using data on nonmilitary aid flows to 96 countries. I find that models of elitist political regimes best predict the impact of foreign aid. Aid does not significantly increase investment and growth, nor benefit the poor as measured by improvements in human development indicators, but it does increase the size of government. I also find that the impact of aid does not vary according to whether recipient governments are liberal democratic or highly repressive. But liberal political regimes and democracies, ceteris paribus, have on average 30% lower infant mortality than the least free regimes. This may be due to greater empowerment of the poor under liberal regimes even though the political elite continues to receive the benefits of aid programs. An implication is that short term aid targeted to support new liberal regimes may be a more successful means of reducing poverty than current programs.

Managing Risk and Decision Making in Times of Economic Distress

Managing Risk and Decision Making in Times of Economic Distress PDF Author: Simon Grima
Publisher: Emerald Group Publishing
ISBN: 1801174288
Category : Business & Economics
Languages : en
Pages : 183

Get Book Here

Book Description
Managing Risk and Decision Making in Times of Economic Distress adds much needed scholarly analysis of the fledgling decision/control approach, arguing the merits of its empirical content to shed light on the structure of capital contracts and rationale for diversity of objectives.

Bayesian Multivariate Time Series Methods for Empirical Macroeconomics

Bayesian Multivariate Time Series Methods for Empirical Macroeconomics PDF Author: Gary Koop
Publisher: Now Publishers Inc
ISBN: 160198362X
Category : Business & Economics
Languages : en
Pages : 104

Get Book Here

Book Description
Bayesian Multivariate Time Series Methods for Empirical Macroeconomics provides a survey of the Bayesian methods used in modern empirical macroeconomics. These models have been developed to address the fact that most questions of interest to empirical macroeconomists involve several variables and must be addressed using multivariate time series methods. Many different multivariate time series models have been used in macroeconomics, but Vector Autoregressive (VAR) models have been among the most popular. Bayesian Multivariate Time Series Methods for Empirical Macroeconomics reviews and extends the Bayesian literature on VARs, TVP-VARs and TVP-FAVARs with a focus on the practitioner. The authors go beyond simply defining each model, but specify how to use them in practice, discuss the advantages and disadvantages of each and offer tips on when and why each model can be used.