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How detrimental is inflation to growth in South Africa? At what level? Motivated by the adoption of inflation targeting … by many countries, this paper sets out to empirically determine the threshold level of inflation in South Africa. This …. The results show that the inflation threshold level occurs at 4 percent. At inflation levels below and up to 4 percent …
Persistent link: https://www.econbiz.de/10010549210
This paper develops a new index of economic uncertainty for South Africa for the period 1990-2014 and analyses the macroeconomic impact of changes in this measure. The index is constructed from three sources: (1) Disagreement among professional forecasters about macroeconomic conditions using...
Persistent link: https://www.econbiz.de/10011204514
This paper explores the reasons for the unbalanced growth structure of South Africa. While a number of emerging markets show a high proportion of value added and employment being generated by the service sector, South Africa is one of very few such economies that also show a strong decline in...
Persistent link: https://www.econbiz.de/10010940468
Rather than a rigid racial ideology, it is argued that South African apartheid was a pragmatic response of a white oligarchy to changing economic and political constraints. Consequently, the degree to which apartheid principles were applied and enforced by the South African state varied over...
Persistent link: https://www.econbiz.de/10010929135
The stylized view of the Dutch Cape Colony (1652-1795) is of a poor, subsistence economy, with little progress in the first 143 years of Dutch rule. New evidence from probate inventory and auction roll records show that previous estimates about wealth at the Cape are inaccurate. In contrast to...
Persistent link: https://www.econbiz.de/10010535393
The public healthcare sector in developing countries face many challenges, including weak healthcare systems and under resourced facilities that deliver poor outcomes relative to total healthcare expenditure. Healthcare delivery, access to healthcare and cost containment has the potential for...
Persistent link: https://www.econbiz.de/10009319023
should enhance a central bank’s management of the inflation expectations of the financial markets as well as the general …
Persistent link: https://www.econbiz.de/10009369289
In this paper, I investigate the characteristics and poverty status of female- and male-headed households in South Africa using nationally representative household survey data from the October Household Surveys (1997 and 1999) and the General Household Surveys (2004 and 2008). These years...
Persistent link: https://www.econbiz.de/10010550938
The abolition of apartheid should have improved the employment prospects of black South Africans. The reality seems to have been different, with rising unemployment rates. Disentangling the real trends from changes in measurement and sampling design has proved to be difficult. We tackle this...
Persistent link: https://www.econbiz.de/10008594421
This paper researches the change in regional specialisation and industry concentration in South African (SA) manufacturing 1970-96, and evaluates possible determinants of industry location. No evident trend towards greater regional specialisation or despecialisation emerges over most of the...
Persistent link: https://www.econbiz.de/10008594425