South Africa has been experiencing unprecedented budget deficits since the 1960s, in light of this, the study investigates whether budget deficits crowd out or crowd in private investment in South Africa, using quarterly data covering the period 1994 to 2009. An empirical model linking private...

Globalisation has resulted in financialisation, which is the free flow of funds across borders. Because of the global financial crisis and the European debt crisis, there has been a decrease in the volume of external funds to developing countries. This has left remittances as one of the major...

Purpose The purpose of this paper is to examine the relationship between financial sector development and inequality in South Africa for the period from 1990 to 2012. Unlike previous studies, the study examines the role of both the broad measure of financial sector development (Bank credit to...