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A fundamental macroeconomic problem in Zimbabwe is that the sum of public-sector projects is greater than the resources available to finance them. The government’s difficulty in discerning the macroeconomic limitations on new initiatives was greatly increased by the unusual circumstances of...
Persistent link: https://www.econbiz.de/10009642748
A striking feature of South Africa's trade liberalisation is that, until 2995, it did not involve any import liberalisation. The focus of earlier liberalisation wsa the reduction of the anti-export bias, and, on the import side, the replacement of QRs with equivalnet tariffs and other duties....
Persistent link: https://www.econbiz.de/10009642754
A striking feature of South Africa`s trade liberalisation is that, until 1995, it did not involve any import liberalisation. The focus of earlier liberalisation was the reduction of anti-export bias, and, on the import side, the replacement of QRs with equivalent tariffs and other duties. This...
Persistent link: https://www.econbiz.de/10010605191
A fundamental macroeconomic problem in Zimbabwe is that the sum of public-sector projects is greater than the resources available to finance them. The government`s difficulty in discerning the macroeconomic limitations on new initiatives was greatly increased by the unusual circumstances of the...
Persistent link: https://www.econbiz.de/10010605254
Persistent link: https://www.econbiz.de/10001562758
We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country.s main energy policy considerations: (i) the introduction of a carbon tax and (ii) liberalization of
Persistent link: https://www.econbiz.de/10011076150
South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reache
Persistent link: https://www.econbiz.de/10010570494
We estimate the carbon intensity of industries, products, and households in South Africa. Direct and indirect carbon usage is measured using multiplier methods that capture inter-industry linkages and multi-product supply chains. Carbon intensity is found to be high for exports but low for major...
Persistent link: https://www.econbiz.de/10010280089
South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reaches US$30 per ton of CO2 by 2022 achieves...
Persistent link: https://www.econbiz.de/10010319887
Technical change impacts both the employment intensity of production and the composition of occupations and skills of employment. Artificial intelligence, automation, and robots are already leading to machines undertaking routinizable tasks previously carried out by workers. This can lead to...
Persistent link: https://www.econbiz.de/10012424108