Annual Forum Papers

Annual Forum Papers (413)

  • Year 2003
  • Publication Author(s) Aylit Tina Romm
  • Countries and Regions South Africa
This paper uses the Johansen VECM estimation technique to examine the directions of association between savings and growth in South Africa over the period 1946- 1992. We examine the aggregate private saving rate and its interaction with investment and growth. The paper finds that the private saving rate has a…
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  • Year 2003
  • Publication Author(s) David Fryer; Desire Vencatachellum
  • Countries and Regions South Africa
South Africa simultaneously lost more than 890,000 jobs and increased the number of skilled workers from 1989 to 1999. We argue this is the consequence of well-documented acute apartheidera distortions which led to a current coordination failure where (i) firms are locked into a mostly skill-intensive technology where they have…
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  • Year 2003
  • Publication Author(s) Marna Kearney
Poverty in South Africa is severe. Zero-rating food can possibly reduce poverty as poor households spend the largest proportion of their income on food. Zero-rating food can also reduce the regressiveness of Value Added Tax (VAT) for the same reason. However, zero-rating food will results in a loss in revenue…
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  • Year 2003
  • Publication Author(s) Neil Coleman
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Lindiwe Khumalo
  • Countries and Regions South Africa
Poverty is multi- faceted and can be manifested in hunger, unemployment, exploitation and lack of access to clean water, sanitation, health-care and education. Poverty is not confined to any one racial group in South Africa, but it is concentrated amongst Blacks, particularly Africans. There is a need to monitor poverty…
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  • Year 2003
  • Publication Author(s) Karl von Holdt
  • Countries and Regions South Africa
In 2000 the Department of Public Enterprises (DPE) of the South African government announced its plan to break Spoornet into separate businesses and concession them to the private-sector. Two years later, after more than eight months engagement with the railway trade unions, government accepted that this plan made no developmental,…
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  • Year 2003
  • Publication Author(s) James Hodge
  • Countries and Regions South Africa
A priority for the post-apartheid government was the extension of basic infrastructure services to the vast majority of citizens that were not serviced under apartheid. The Reconstruction and Development Programme set objectives for each of these utilities that would be achieved in the first decade of democracy, while departmental policy…
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  • Year 2003
  • Publication Author(s) Afeikhena Jerome; Moses Rangata
  • Countries and Regions South Africa
This study evaluates South African privatisation or restructuring programme. In the main, it has largely focused on divestiture of "non- core business" such as broadcasting stations, resorts, and related services in the transport sector as well as selling minority stakes in utilities to so-called strategic equity partners and Black Economic…
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  • Year 2003
  • Publication Author(s) Simangele Sekgobela
  • Countries and Regions South Africa
The debate around the privatisation of state owned assets has focused around economic efficiency gains and regulation. Very few studies have considered the fiscal impact of privatisation on the tax-payers. Even the few empirical studies conducted were done in industrialised countries where institutions and markets are well developed. This paper…
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  • Year 2003
  • Publication Author(s) Rosa Dias; Charles Meth
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Ingrid Woolard
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Albert Van Zyl; Carlene Van Der Westhuisen
  • Countries and Regions South Africa
Under Government's GEAR policy, high levels of expenditure on social services (i.e. Social Development, Health, Education and Housing), failed to bring about a reduction in poverty and unemployment. The Government, in particular the National Treasury, blamed this outcome on the inefficiency in the delivery of social services. The "Left", especially…
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  • Year 2003
  • Publication Author(s) Jeremy Wakeford
  • Countries and Regions South Africa
The aim of this paper is to investigate the empirical relationship between productivity, real wages and unemployment in South Africa using appropriate time series econometric techniques. The value of this approach is that it imposes no a priori theoretical assumptions on the relations between the variables, but rather allows the…
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  • Year 2003
  • Publication Author(s) E. Teljeur
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) E. Teljeur
  • Countries and Regions South Africa

  • Year 2003
  • Publication Author(s) Mike Morris; Raphael Kaplinsky; Justin Barnes
  • Countries and Regions South Africa
Mainstream economics and the Washington Consensus caution against industrial policies that target sectors, firms and regions. At the most they favour cross-sectoral policies which address generalised market failures. This paper analyses the success of an industry-specific policy, South Africa's Motor Industry Development Programme. It documents significant learning processes and shows…
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  • Year 2003
  • Publication Author(s) v
  • Countries and Regions South Africa
The purpose in this paper is to provide a framework for the analysis of the relationship between different macroeconomic, sector and commodity policies and the multiplier effects of agriculture. To this end, the paper starts with a listing of the macroeconomic, sector and commodity policies that have been included in…
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  • Year 2003
  • Publication Author(s) David Storer
  • Countries and Regions South Africa
This report was prepared for National Treasury to support its assessment of administered prices in South Africa. The objective of the study was to assess the processes involved in setting prices in regulated industries. By evaluating the efficiency, effectiveness and analytical rigour of the regulatory processes involved in setting prices…
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  • Year 2003
  • Publication Author(s) David Storer
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Jocelyn Vass
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Neo Chabane
  • Countries and Regions South Africa
The links between BEE and competition policy are outlined in the Competition Act of 1998. It is recognised in the preamble to the Act that competition law has to specifically address the excessive concentration of ownership and control of the economy and the unjust restrictions on the full participation of…
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  • Year 2003
  • Publication Author(s) Esther Netshivhongweni
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Martin Grandes; Nicolas Pinaud; Marcel Peter
  • Countries and Regions South Africa
In this paper we aim at identifying the determinants of South African currency premia in order to assess the scope of South African economic policies to narrow the spread on local-currency denominated debt. South Africa is one among very few emerging economies able to borrow long-term abroad in its own…
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  • Year 2003
  • Publication Author(s) Seeraj Mohammed
  • Countries and Regions South Africa
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  • Year 2003
  • Publication Author(s) Thandinkosi Ndlela and Peter Nkala
  • Countries and Regions South Africa
Since the attainment of independence in 1994 the new government in South Africa has adopted two outward looking development-oriented economic reform programmes, that is, the Reconstruction and Development Programme, (RDP) in 1994 and the Growth Employment and Redistribution (GEAR) strategies in 1996. RDP clearly outlined the broad framework of the…
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  • Year 2003
  • Publication Author(s) Miriam Altman
  • Countries and Regions South Africa
From a policy perspective, employment depends on both economic growth and the labour absorption capacity of the economy. Policy must target both of these. Higher growth rates can be achieved through productivity improvements (technology, industry restructuring, improved know-how, etc.) and/or growth in domestic or foreign market demand. Higher growth rates…
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  • Year 2003
  • Publication Author(s) Miriam Altman; Marina Meyer
  • Countries and Regions South Africa
High and growing rates of unemployment have been a source of great frustration to policy-makers. Although exports have been buoyant and the 1990s has been the first decade of sustained growth, unemployment has been rising by 2 percentage points each year. If the expanded definition is used, the rate of…
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  • Year 2003
  • Organisation Cornell University
  • Publication Author(s) Peter Glick; David E. Sahn
  • Countries and Regions South Africa

  • Year 2003
  • Organisation DPRU
  • Publication Author(s) J. Riley Allen
  • Countries and Regions Southern African Development Community (SADC)
This paper will identify differences in sector development in countries that have proceeded along various paths for sector reform. International experience demonstrates that economies adopting a more ambitious path for liberalization and market- friendly forms of subsidization perform better after liberalization. Economies that adopt both a policy of liberalization and…
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