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Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …
Persistent link: https://www.econbiz.de/10014397190
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 …
Persistent link: https://www.econbiz.de/10014403913
Cross-border capital flows are important for South Africa. They fund the nation's relatively large external financing needs and have important financial stability implications evidenced by the large capital outflows and asset price selloffs during the COVID-19 pandemic. This paper adds to the...
Persistent link: https://www.econbiz.de/10012796323
The effects of the marked slowdown in the growth of the capital stock in South Africa since 1985, associated with … political uncertainty and financial sanctions, and future growth prospects are quantified using a modified version of the Lewis … the growth rata of the capital stock leads to at 0.8 percent change in output growth, and hence the fall in investment …
Persistent link: https://www.econbiz.de/10014395853