South Africa's Economic Crisis
Author | : Stephen Gelb |
Publisher | : Zed Books |
Total Pages | : 308 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
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Author | : Stephen Gelb |
Publisher | : Zed Books |
Total Pages | : 308 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : |
Author | : Alexis Arieff |
Publisher | : DIANE Publishing |
Total Pages | : 34 |
Release | : 2010-08 |
Genre | : History |
ISBN | : 1437932789 |
Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. Contents of this report: (1) Recent Develop.; (2) Congressional Interest; (3) African Economies; Trends Prior to the Crisis; Develop. Challenges; (4) How the Crisis is Affecting Africa: Internat. Trade: Trade with the U.S., and with China; Capital Flows: Migrant Remittances; Foreign Aid; (5) Implications of the Crisis in Africa; Sub-Regional Variations; Fiscal and Trade Balances; Poverty Reduction; Food Security; Political Stability; (6) Internat. Efforts to Address the Impact of the Crisis on Africa; Developed Countries; Internat. Financial Inst.; World Bank; ADB; IMF; African Gov¿ts.
Author | : Marcel Lusamba-Kazadi |
Publisher | : LAP Lambert Academic Publishing |
Total Pages | : 348 |
Release | : 2011-12 |
Genre | : |
ISBN | : 9783846593783 |
The study aims to assess how people in South Africa perceive the impact of the global economic crisis in Southern Africa and particularly the South African economy. From 2009 to 2010 the South African economy entered into a recession because of the global economic crisis, which was caused by the collapse of the United States' housing market. A survey questionnaire, which aimed to measure the perceptions of the impact of the global economic crisis on the South African economy, was administrated to 300 randomly selected students and staff at two universities and five townships in Cape Town. The research followed the procedure of random sampling with students and staff at two universities in Cape Town, and they were selected by the researcher and fieldworkers on an arbitrary basis. The employed field workers selected persons from townships on the same basis. A survey of the impact of the global economic crisis in South Africa found that a majority of respondents from universities and non-university subjects (170) agreed that the global economic crisis has impacted negatively on the South African economy. Hence, the South African government should carefully improve the policy.
Author | : Frank Ballance |
Publisher | : |
Total Pages | : 64 |
Release | : 1976 |
Genre | : Africa, Southern |
ISBN | : |
Author | : The Messenger |
Publisher | : Lulu.com |
Total Pages | : 302 |
Release | : 2014-07-17 |
Genre | : Business & Economics |
ISBN | : 1312359897 |
The book analyses the current problems in South Africa. Many people are seeing that unemployment and the plight of the masses will reach the point of no return. The gradual decline of the economy is due to various factors, but is exacerbated by corruption and lack of responsibility and accountability. South Africa has reached a 50 year low in productivity, due to affirmative action, BEE and the perception of "life owes me". The current "war" between management and labour (for higher wages) will continue. The threat of retrenchments will become a reality. All the gold mines will follow. The falling gold price predicts this. All of this, leads to only one thing, our mutual enemy, unemployment.
Author | : André Roux |
Publisher | : Penguin Random House South Africa |
Total Pages | : 132 |
Release | : 2019-12-01 |
Genre | : Business & Economics |
ISBN | : 1776094921 |
Recession, inflation, interest rates, income tax, exchange rates ... We are bombarded with these terms every day - by newspapers, the radio, TV and the internet - but what do they actually mean? And how do they impact on you? In this updated edition of Everyone’s Guide to the South African Economy, all these issues - and more - are addressed. The book clearly explains and evaluates a wide range of economic occurrences - from the budget and the rand/dollar exchange rate to the balance of payments and the role of the South African Reserve Bank. The book investigates the causes and consequences of the 2008/2009 global financial and economic crisis, looks at the sub-Saharan African economy, and explores human development issues in South Africa and their implications for policy-making. If you are baffled by the specialised jargon of economists and bankers and want to know more about the economic forces that subtly dictate your day-to-day existence, Everyone’s Guide to the South African Economy will put you in the picture. This is essential reading for every South African consumer and taxpayer. Economics, after all, is too important to be left to economists.
Author | : Mills Soko |
Publisher | : Jonathan Ball Publishers |
Total Pages | : 276 |
Release | : 2021-09-27 |
Genre | : Business & Economics |
ISBN | : 192070728X |
Over the past 20 years the global political economy has experienced its most profound shifts since the onset of the industrial revolution. In South Africa and the World, Mills Soko reflects on some of the salient issues that have pervaded public discourse during this time, analysing them within the context of the contemporary South African political economy and of the country's position in the world. Arranged thematically, the essays were all written during a defining period in recent history, a period that has witnessed, among others, the accession of China to the WTO, the 9/11 terrorist attacks on the US, the invention of the iPad, the birth of Facebook, the 2008/9 global financial crisis, Brexit and the global coronavirus pandemic which began at the end of 2019. The turbulent multipolar world demands visionary political and economic leadership, supported by institutions well attuned to contemporary conditions. Such leadership is in short supply. Nor is the existing institutional architecture sufficiently equipped to deal with a complex array of economic, social, environmental, technological and demographic challenges. Mills Soko highlights what has not worked in terms of politics, leadership, foreign policy, the economy, the African development trajectory, corporate ethics, international trade, global governance, and the thread which underlies all these issues – the importance of strong, decisive and accountable leadership. He counters his criticism with what has worked and offers views on how some of the problems that have constrained progress in South Africa and the world can be solved. A central message emerges from his writings: leadership and governance matter, whether in the national or international context. It is a message that permeates all the chapters in the book. And it goes to the heart of what South Africa has gone through over the past two decades and where it is today.
Author | : Magnus Blomström |
Publisher | : Routledge |
Total Pages | : 359 |
Release | : 2002-01-22 |
Genre | : Business & Economics |
ISBN | : 1134864477 |
Highly topical with the severe famine again in Sub-Saharan Africa Authors have many previous publications and a lot of experience in this area Book is drawn from an international conference on the responses to crises in Africa, at Stockholm School of Economics, supported by the Swedish International Development Authority
Author | : M. Chitiga |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
Genre | : |
ISBN | : |
A dynamic computable general equilibrium model based on the PEP standard model developed by Decaluwé et al. (2009) is used to evaluate the impacts of the international crisis on the South African economy. However, we have changed some assumptions in order to better represent South African specificities. A major innovation in this regard is the modelling of unemployment and the influence of labour unions on the labour market. Two scenarios encompassing a severe and moderate recession are run. The effects of the crisis on the economy are really quite harsh, even in the moderate recession scenario, both in the short run and the long run. Indeed, the decrease of world prices combined with the drop of world demand lead to a decrease in production for many sectors with consequent laying off of workers. The impact on institutions is also worrying: Agents see their income as well as their savings decreasing. The huge drop in firms' savings has a dire impact on total investment while the huge negative impact on government accounts of protracted slow global growth imply tight public budgets for some time to come. Thus, some gains made by the government prior to the crisis may have been reversed by the economic crisis. It is apparent from the results that the impact of the crisis will drag into the long run with the situation still below what it would have been in the absence of a crisis until 2015.
Author | : Samuel Agonda Ochola |
Publisher | : |
Total Pages | : 474 |
Release | : 2007 |
Genre | : Africa |
ISBN | : |