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Persistent link: https://www.econbiz.de/10011347580
This study explores the impact of accumulated pension funds on the investment level and economic growth in South Africa using Bayesian Linear Regression (BLR) model. Time series data on Gross Domestic Product (GDP), total official pension funds and gross fixed capital formation (as a proxy for...
Persistent link: https://www.econbiz.de/10012650694
South Africa has been experiencing unprecedented budget deficits since the 1960s, in light of this, the study investigates whether budget deficits crowd out or crowd in private investment in South Africa, using quarterly data covering the period 1994 to 2009. An empirical model linking private...
Persistent link: https://www.econbiz.de/10011266433
Several fiscal policy strategies have been implemented in South Africa since 1994, starting from the Reconstruction and Development Programme (RDP), Growth Employment and Redistribution (GEAR), Broad-Black Economic Empowerment strategy (BEE), AsgiSA (Accelerated and shared growth initiative for...
Persistent link: https://www.econbiz.de/10013493207