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The Fourth Industrial Revolution (4IR) is impacting on the industrialization options for Africa inter alia through … paper I set out the case for why Africa should industrialize. I then explore the opportunities and threats the 4IR pose for … Africa. Threats include job-losses and the re-shoring of manufacturing to advanced economies. Among the opportunities are …
Persistent link: https://www.econbiz.de/10012952621
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
Persistent link: https://www.econbiz.de/10012823307
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa's peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …
Persistent link: https://www.econbiz.de/10013122110
This chapter brings new evidence on innovation in Africa and its relationship with short-term labour mobility. Using … may run counter to common perceptions of Africa as a region where innovation is lacklustre. The most innovative African … countries are mainly located in East Africa, highlighting the dynamism of this area. Innovation there is typically about process …
Persistent link: https://www.econbiz.de/10012863821
Growth has been high and widespread in the last decade in Africa. Whether this shift in Africa's fortune has impacted … Africa and addresses whether or not previously held belief that Africa is too poor to grow is relevant today. The findings … employment, particularly to increase in employment in the industrial sector, than to increase in mean income. In Africa the co …
Persistent link: https://www.econbiz.de/10013030863
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202 percent, accompanied by a sharp rise in wage inequality. Decomposition...
Persistent link: https://www.econbiz.de/10013107207
growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …
Persistent link: https://www.econbiz.de/10013158044
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …
Persistent link: https://www.econbiz.de/10013318254
The global financial crisis deeply impacted the South African labour market resulting in the shedding of almost 1 million jobs over 2009 and 2010. Reflecting longer term structural problems, this employment loss translated into a much larger rise in the number of discouraged individuals rather...
Persistent link: https://www.econbiz.de/10013118055
The impact of foreign direct investment (FDI) on domestically owned firms in developing countries has been widely …. Noting this gap, this paper uses two-period (2003 and 2007) firm level panel data from South Africa to examine the impact of … foreign direct investment on the labour productivity of domestic firms. A key policy change during this time period was the …
Persistent link: https://www.econbiz.de/10013119015