Forecasting accuracy is important for fiscal policy credibility. Three questions are posed. Firstly, are the forecasts by South Africa’s National Treasury good, compared to those of non-government economists? The paper compares Treasury’s forecasts to non-government projections and to those...

The impact that the systems and practices of the education authorities, as opposed to the management at the school, have on school performance is usually difficult to quantify. Provincial boundary changes occurring in South Africa after 2005 appear to create a quasi-experiment that lends itself...

Highly convex estimates of average returns to education commonly found in South Africa are usually rationalised as being the result of a surplus of unskilled workers and a shortage of skilled workers in the economy (Keswell & Poswell, 2004). However, due to the absence of appropriate micro level...

There is an abundance of literature adopting the monetary approach (i.e., using per capita income or expenditure variables) to derive poverty and inequality trends for South Africa since the transition. The most commonly used data sets used for these analyses are the censuses and the Income...

The 2010 FIFA World Cup, one of the largest mega-sport events, has stirred renewed interest in the benefits that a host country can derive from these events. While most predict a large increase in the number of tourist arrivals, the recent international literature suggest that ex ante studies...

This paper reports on a study to provide insights into the magnitude of the shocks associated with the recent global economic crisis in macroeconomic terms in South Africa, the country’s capacity to withstand or cushion these shocks, and the extent of fragility in terms of poverty levels and...

The formal school system developed after the Europeans arrived in South Africa, but until South Africa became a Union in 1910 it was almost exclusively provided for white children. The other racial groups were incorporated into the system to a larger extent in the 20th century, but due to the...

Both South Africa’s labour market and education system were directly influenced by the separate development policies of the apartheid regime. To this day, great inequalities persist in both domains. South Africa’s performance in standardized international test scores (such as TIMMS) is poor...

The role of teachers in achieving good quality education is universally acknowledged. What is less clear is what incentives are required to attract good teachers to teaching. Incentives, including teachers pay, need to be sufficient yet, in the light of fiscal resource constraints, not...

Although Van Riebeeck already produced the first wine at the Cape in 1659, the arrival of French Huguenots during 1688/89 gave considerable impetus to Cape wine production. The reasons for this remain unclear. By using quantitative production data over more than a century of European settlement,...