linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health … to higher economic growth. The paper also finds that other policy interventions, such as improving governance, reducing …

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in … developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns … channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the …

This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa …. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a … substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates …

Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …

This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend … techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap … macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of …

The purpose of this paper is to examine factors that have constrained South Africa''s growth since the end of apartheid … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … growth in South Africa …