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The process of financial integration has increased the exposure of South African financial markets to foreign financial crises. This paper contributes to the understanding of crisis transmission by evaluating several hypotheses that claim to explain how financial crises are transmitted to South...
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Most historians regard the Cape Colony of the seventeenth and eighteenth centuries as an impoverished and destitute settlement, primarily because of the many restrictions and prohibitions enforced by the Dutch East India Company, who founded the Cape settlement as a refreshment station for its...
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The paper investigates the price and income elasticity of gasoline (petrol), diesel and jet fuel demand in South Africa using autoregressive distributed lag (ARDL) models. We compare elasticity estimates for 1982Q1-2010Q4 with estimates for 1998Q1-2010Q4. Price and income elasticity estimates...
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A number of South African price-fixing cases have been brought in markets previously characterized by legal cartels or monopolies. Furthermore, many South African markets have been liberalized since 1994, reflected in structural change in many market relationships and rendering many of the...
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Introduction -- Part I - Looking Back: What Do We Know About the South African Business Cycle? -- The South African Economy in the Twentieth Century -- Part II - The Financial Crisis and Its Impact on the Cycle: Business Cycle Recoveries - A Comparative View -- The Role of Institutional...
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