Download or read book South Africa s Economic Crisis written by Stephen Gelb and published by Zed Books. This book was released on 1991 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Economic Crisis written by Alexis Arieff and published by DIANE Publishing. This book was released on 2010-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book 2029 Economic Crisis and Civil War in South Africa written by The Messenger and published by Lulu.com. This book was released on 2014-07-17 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Crisis in Africa written by Magnus Blomström and published by Routledge. This book was released on 2002-01-22 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Everyone s Guide to the South African Economy 13th edition written by André Roux and published by Penguin Random House South Africa. This book was released on 2019-12-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Global Economic Crisis Impact on Sub Saharan Africa and Global Policy Responses written by and published by . This book was released on 2009 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. The International Monetary Fund (IMF) estimated in 2009 that average economic growth in Africa would slow to 1%, from an annual average of over 6% to 1% over the previous five years, before rebounding to 4% in 2010. As a region, Africa is not thought to have undergone a recession in 2009. However, most African countries are thought to require high rates of economic growth in order to outpace population growth and make progress in alleviating poverty. The mechanisms through which the crisis has affected Africa include a contraction in global trade and a related collapse in primary commodity exports, on which many countries are dependent. Foreign investment and migrant worker remittances are also expected to decrease significantly, and some analysts predict cuts in foreign aid in the medium term if the crisis persists. Africa's most powerful economies have proven particularly vulnerable to the downturn: South Africa has experienced a recession for the first time in nearly two decades, and Nigeria and Angola have reported revenue shortfalls due to the fall in global oil prices. Several countries seen as having solid macroeconomic governance, notably Botswana, have sought international financial assistance to cope with the impact of the crisis. At the same time, a number of low-income African countries are projected to experience relatively robust growth in 2009 and 2010, leading some economists to talk of Africa's underlying economic resilience. The 111th Congress has monitored the impact of the global economic crisis worldwide. The Supplemental Appropriations Act, 2009 (P.L. 111-32), provided $255.6 million for assistance to vulnerable populations in developing countries affected by the crisis.
Download or read book South Africa and the World written by Mills Soko and published by Jonathan Ball Publishers. This book was released on 2021-09-27 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Africa s Economic Crisis written by North-South Institute (Ottawa, Ont.) and published by . This book was released on 1983 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Global Financial and Economic Crisis in the South written by Leon-Manriquez, Jose Luis and published by CODESRIA. This book was released on 2017-05-03 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the outcome of a South-South conference jointly organized by the Asian Political and International Studies Association (APISA), the Latin American Council of Social Sciences (CLACSO) and the Council for the Development of Social Science Research in Africa (CODESRIA) in Dakar, Senegal, May 2012. The conference was organised in response to the financial crisis of 2008 which started in the United States and Europe, with reverberating effects on a global scale. Economic problems emanating from such crises usually leave major social and structural impacts on important sectors of the society internationally. They affect living standards and constrain the well-being of people, especially in poor countries. Persistent problems include high unemployment, increased debt and low growth in developed countries, as well as greater difficulties in accessing finance for investment in the developing world. There is a need for countries in the South to examine the available options for appropriate national and regional responses to the different problems emanating from the economic crisis. This book attempts to provide ideas on some strategic responses to the disastrous impact of the crisis, while keeping in mind the global common interest of the South. It is hoped that the book will contribute significantly towards the agenda to rethink development and the quest for alternative paradigms for a just, stable and equitable global political, economic and social system. A system in which Africa, Asia, and Latin America are emancipated from the shackles of hegemonic and anachronistic neoliberal dictates that have nothing more to offer than crises, vulnerabilities and dependency.
Download or read book Africa s economic crisis written by and published by . This book was released on 1983 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Economic Crisis written by Marcel Lusamba-Kazadi and published by LAP Lambert Academic Publishing. This book was released on 2011-12 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Business Cycles and Structural Change in South Africa written by Willem H. Boshoff and published by Springer Nature. This book was released on 2020-04-20 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle.
Download or read book Impact of The 21st Century Economic Crisis in Europe on South Africa written by Ungitoh Hedley Ungitoh and published by LAP Lambert Academic Publishing. This book was released on 2014-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union (EU) has long been considered as one of South Africa's main trading partners. Although the trading agreements have been able to sustain South Africa's Economic development, the poor state of her economy from mid 2000 as a result of the crisis in Europe, has caused a shift in her international economic relations. This paper draws from a unique set of reports of the regional bloc data base of SADC and BRICS, detailing the changing character of South Africa's international relations during the Economic crisis and the potential effects of the change on South Africa and her international partners. The analysis identifies an increasing international cooperation between South Africa, SADC and BRICS not cancelling her trading links with the EU. The thesis argues that international relations will no longer be the same again as the present international system is adjusting itself to meet with the economic needs of the emerging new world order.
Download or read book OECD Economic Surveys South Africa 2020 written by OECD and published by OECD Publishing. This book was released on 2020-07-31 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 outbreak is worsening an already fragile economic outlook. Since 2013, growth has been modest and unemployment has been rising. Policy uncertainty has been the main driver of low confidence and subdued investment. Following a sharp fiscal deterioration in recent years, the crisis also heightened debt sustainability challenges.
Download or read book The Historical Origin of the African Economic Crisis written by Alemayehu Geda and published by Cambridge Scholars Publishing. This book was released on 2019-02-13 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illuminates the answers to various major questions on African development related to international trade and finance. It explores the economic interaction between Africa and the now-developed countries (the West) in the past and China today, as well as the legacy of these interactions for Africa’s growth and poverty reduction effort today. In addition, it discusses the implication of this legacy for Africa’s future development, and considers whether lessons can be drawn from this experience in terms of the continent’s future development? By providing in-depth historical and economic analysis conducted in non-technical terms, the book represents a valuable resource for policy makers, researchers, and students, as well as international organizations that focus on African development.
Download or read book Impact of the AIDS Crisis on South Africa s Prospects for Development written by Florian Seidl and published by GRIN Verlag. This book was released on 2007-09-27 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The association of the slow economic growth and development of a country on the one side, and the poor health of its people on the other side, is quite obvious. Formerly, the common sense was that low income in developing countries causes their bad condition concerning healthiness, but recent economic research increasingly considers the causal link between this two phenomena running the other way round. That is, poor health has a negative effect on per capita income, as it leads to lower labour productivity, lower investments in human capital and, by affecting the people's saving behaviour, in physical capital, and furthermore has an influence on the country's demography. The purpose of this paper is to identify the impact of the HIV/AIDS crisis on the South African economy and how this impact affects South Africa's economic growth and therefore its prospects for development. Economic impact "can be defined as that which causes the diversion of resources too uses that would not have been necessary in the absence of HIV/AIDS, and decreased production due to the disease". As this economic impact occurs through various channels, on different levels, it seems reasonable to approach the problem on these different levels, namely households, firms and business, and the macro economy."--p. 3.
Download or read book Global Economic Prospects June 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
