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Author:
Publisher:
ISBN:
Category : South Africa
Languages : en
Pages : 83
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Book Description
Author:
Publisher:
ISBN:
Category : South Africa
Languages : en
Pages : 83
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Book Description
Author: Jill Nattrass
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 394
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Book Description
This edition has been completely updated with new chapters on trade unions in South Africa, recent legislation affecting economic growth, the role of the State via the tricameral system, the development of the Black States, and other topics.
Author: Mats Lundahl
Publisher: Nordic Africa Institute
ISBN: 9789171065322
Category : Business & Economics
Languages : en
Pages : 138
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Book Description
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.
Author: Rachel Houghton
Publisher:
ISBN:
Category : European Union countries
Languages : en
Pages : 220
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Moyo, Theresa
Publisher: CODESRIA
ISBN: 2869785712
Category : Business & Economics
Languages : en
Pages : 406
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Book Description
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa's development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa's industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the well-being of Africa's people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. African states should invest time, energy and resources to develop policies which will take into consideration African realities.The different contributors are aware that Africa has experienced strong economic growth in the recent past but this growth has largely been due to a strong demand for Africa's primary commodity exports. It has also been a result of increases in productivity and domestic investment and remittances from Africans living in the Diaspora. It is important to note that despite this unprecedented growth performance, the impact of trade and industry on development has been limited. The book argues that a structural transformation of Africa's economies is inevitable if Africa is to achieve the shift from the dominant paradigm of production and export of primary goods. The various contributors to this book agree that there is need to rethink policy and strategy in order to achieve industrial development in Africa. There is no unique solution or answer that can fit all situations as African countries are not the same. While Africa can draw lessons from other regions which have successfully industrialized, this book argues that policies and strategies will have to be adapted to country-specific situations and circumstances.
Author: Lena Moritz
Publisher: Nordic Africa Institute
ISBN: 9789171063557
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
To achieve economic growth, South Africa aims at a more outward-oriented economic framework. However, as is discussed in this study, such a transition is made difficult by the constraints created by past industrial policies.Protectionism, the apartheid system, and other regulations have contributed to a generally noncompetitive manufacturing sector, a weak macroeconomic position, and distorted factor markets. Social unrest compounds the problem, as does lack of skill and capital. The role of state interventionism in the new South Africa is also considered.
Author: Norbert Edomah
Publisher: BoD – Books on Demand
ISBN: 1789852374
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Regional development is a broad term but can be seen as a general effort to reduce regional disparities by supporting (employment and wealth-generating) economic activities in regions. In the past, regional development policy tended to try to achieve these objectives by means of large-scale infrastructure development and by attracting inward investment” (OECD, 2014).A territorial and regional approach to development is crucial in addressing regional challenges, regional economic competitiveness, and reducing socio-economic discrepancies. This book provides a forum to articulate and discuss Africa’s regional development issues in view of the rising opportunities within the African region. This volume contains 14 chapters and is organized in four sections: Introduction; Industry, Trade and Investment in Africa; Agricultural Services and the Water-energy-food Nexus in Africa; and Environmental and Cultural Dimensions to Africa’s Regional Development.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1513528513
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
This Selected Issues paper studies the growth-inflation trade-off of monetary policy in South Africa. The combination of low growth and stubbornly high inflation expectations for a protracted period has complicated monetary policy decisions. The IMF staff analysis contributes to the ongoing growth-inflation trade-off discussion in South Africa, concluding that there is limited growth trade-off of monetary policy efforts to anchor inflation expectations at a lower level at present. The findings in this note suggest that the South African Reserve Bank should continue its efforts of anchoring inflation and inflation expectations at a lower level because monetary policy lends limited support to growth dampened by structural issues. During the 2010s, domestic demand growth responded little to monetary policy action. The environment of weak growth, low interest rates, and relatively moderate inflation (expectations) could have muted monetary policy transmission. Ultimately, the constraints to economic growth need to be removed. Meanwhile, inflation expectations continue to respond to monetary policy action albeit to a lesser extent. Monetary policy transmission through demand has weakened––demand growth does not systematically respond to monetary policy action nor does core inflation––but the exchange rate and credibility channels appear to remain operational.
Author: Mthuli Ncube
Publisher: Springer
ISBN: 1137512962
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
To what extent is South Africa affected by G8 economies and BRIC growth shocks? This book identifies channels that amplify these shock effects, the relevance of third country transmission effects and the effects of the first and second rounds of US quantitative easing. The changing reactions of South African variables over time to financial shocks emanating from the US and selected countries in the Euro area, is presented. The book quantifies the effects of capital flow shocks, determines the counterfactuals of asset prices and economic growth variables, and compares the contribution of capital flows and domestic macro factors on asset prices. The effects of the exchange rate depreciation are contrasted to the decline in investment as key drivers of the trade balance. Stock market interdependence is determined amongst South African, Indian and Brazilian equities. The contributions of stock price returns and volatility on South African economic growth are contrasted. The authors construct a financial stress index for South Africa and determine how it amplifies shocks.
