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Author: Zaijin Zhan
Publisher: International Monetary Fund
ISBN: 1475506856
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
What Do Fast Job Creators Look Like? Some Stylized Facts and Perspectives on South Africa
Author: Zaijin Zhan
Publisher: International Monetary Fund
ISBN: 1475506856
Category : Business & Economics
Languages : en
Pages : 20
Get Book Here
Book Description
What Do Fast Job Creators Look Like? Some Stylized Facts and Perspectives on South Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484378679
Category : Business & Economics
Languages : en
Pages : 99
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Book Description
This 2013 Article IV Consultation highlights that South Africa’s economy has underperformed other emerging markets and commodity exporters, exacerbating South Africa’s already-high levels of unemployment (25 percent) and inequality, and contributing to rising social tensions. At the same time, weak trading partner growth, coupled with declining competitiveness and countercyclical fiscal policy, have led to rising fiscal and current account deficits and made South Africa vulnerable to a prolonged reversal of capital inflows. The outlook is for continued sluggish growth and elevated current account deficits. Growth is projected at 2 percent in 2013 as weak consumption growth and lackluster private investment offset robust public investment and higher export growth.
Author: Haroon Bhorat
Publisher: OUP Oxford
ISBN: 0191003425
Category : Business & Economics
Languages : en
Pages : 573
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Book Description
In 1994 South Africa saw the end of apartheid. The new era of political freedom was seen as the foundation for economic prosperity and inclusion. The last two decades have seen mixed results. Economic growth has been volatile. While inequalities in public services have been reduced, income inequality has increased, and poverty has remained stagnant. As the twentieth anniversary of the transition to democracy approaches in 2014, the economic policy debates in South Africa are in full flow. They combine a stocktake of the various programs of the last two decades with a forward looking discussion of strategy in the face of an ever open but volatile global economy. Underlying the discourse are basic and often unresolved differences on an appropriate strategy for an economy like South Africa, with a strong natural resource base but with deeply entrenched inherited inequalities, especially across race. This volume contributes to the policy and analytical debate by pulling together perspectives on a range of issues: micro, macro, sectoral, country wide and global, from leading economists working on South Africa. Other than the requirement that it be analytical and not polemical, the contributors were given freedom to put forward their particular perspective on their topic. The economists invited are from within South Africa and from outside; from academia and the policy world; from international and national level economic policy agencies. The contributors include recognized world leaders in South African economic analysis, as well as the very best of the younger crop of economists who are working on the study of South Africa, the next generation of leaders in thought and policy.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475578555
Category : Business & Economics
Languages : en
Pages : 137
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Book Description
Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1475517300
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1463902212
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484365151
Category : Business & Economics
Languages : en
Pages : 115
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Book Description
Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around 51⁄2 percent in 2013¬14, reflecting a gradually strengthening global economy and robust domestic demand. Investment in export-oriented sectors remains an important economic driver, and an agriculture rebound in drought-affected areas will also help growth. Uncertainties in the global economy are the main risk to the region’s outlook, but plausible adverse shocks would likely not have a large effect on the region’s overall performance.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498329845
Category : Social Science
Languages : en
Pages : 121
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Book Description
The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.
Author:
Publisher: Neili Belhassen
ISBN:
Category :
Languages : en
Pages : 355
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Book Description
Africa is the hidden piece of the global puzzle, the poli-economic laboratory of strategies, the component of the global capital letters to ensure a minimum balance in matters of planetary strategy, Africain vocation of being an emergent continent is a bound to find the best tools for the south-North cooperation in order to recover some of the "know-how" developed by the baby countries that reaches the part of a good redeployment within Africa, which already represent a reflection but not a resolution at least in this transitional world phase. the Contract-Resources of the economic pirates who excelled well over a hundred and fifty years,now, is it time to pull the rug out ?
Author: Céline Allard
Publisher: International Monetary Fund
ISBN: 1475574932
Category : Business & Economics
Languages : en
Pages : 122
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Book Description
Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine.