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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...
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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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The article reports on the interactions and possibility of coordination between macroprudential and monetary policies in South Africa, based on business and financial cycles synchronisation, To this end, relying on financial and economic time series indicators spanning the period...
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This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to...
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balance sheets. A negative shock to the balance sheets of asset-holders causes them to liquidate assets, lowering prices …
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globalen Finanzkrise besonders stark negativ betroffen waren. Mittels einer historischen Zerlegung wird schließlich der Beitrag …
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