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Annual Forum Papers

Annual Forum Papers (440)

  • Year 2001
  • Organisation Development Policy Research Unit, UCT
  • Author(s) Reza Daniels
This paper will evaluate the micro-finance sector in South Africa, its scope and development, and its role in the financial sector and the economy more generally. It is informed by the premise that households and institutions save and invest independently, and that the financial system's role is to intermediate between…

  • Year 2001
  • Organisation University Cape Town
  • Author(s) Anton Eberhard
The South African Electricity Supply Industry (ESI) is dominated by a state-owned and vertically integrated utility, Eskom, which ranks seventh in the world in terms of size and electricity sales. It supplies about 96% of South Africa's electricity requirements which equals more than half of the electricity generated on the…

  • Year 2001
  • Organisation University of Cape Town
  • Author(s) Lawrence Edwards;Volker Schoer
Since the early 1980s South Africa's trade policy regime has shifted from one of import substitution towards one of export orientation. This shift has been encouraged by trade liberalisation which accelerated in 1994 with tariff liberalisation, export orientation policies that ranged from direct support (GEIS) to marketing related support, and…
This paper examines whether endogenous growth processes can be found in middle income country contexts. Estimation proceeds by means of dynamic heterogeneous panel analysis. Empirical evidence finds in favour of both knowledge spill-over effects, and of positive impacts on total factor productivty growth by Schumpeterian innovative activity. A crucial finding…

  • Year 2001
  • Organisation Development Policy Research Unit, UCT
  • Author(s) Trudi Hartzenberg
Significant changes have taken place in the distribution stage of the pharmaceutical supply chain in the South Africa during the past decade. These have led to a series of complaints and applications for interim relief to the competition authorities. The Competition Tribunal has delivered some judgements that have been in…

  • Year 2001
  • Organisation FEASibility (Pty) Ltd
  • Author(s) Penelope Hawkins
The South African financial sector, described here as the banking, insurance and securities industries, is a sophisticated enclave within widespread financial exclusion. The financial sector is generally regarded as stable and well regulated; indeed it is to the latter that the robustness of the sector has been attributed, in the…

  • Year 2001
  • Organisation University of Cape Town
  • Author(s) James Hodge
The South African telecommunications sector began its liberalisation path in the early 1990s with the opening of the VANS, customer premises equipment and mobile telephony sectors. However, for fixed line services the government opted for selling an equity stake to a foreign consortium and granting the incumbent an exclusive monopoly…

  • Year 2001
  • Author(s) Tina James;Philip Esselaar;Dr. Jonathan Miller
The purpose of this paper is to present a broad overview of the information and communications technology (ICT) industry in South Africa, based on available secondary sources. Because of the nature of the information economy and the requirements for high-level human resources in this sector, the paper also presents an…

  • Year 2001
  • Author(s) Chandana Kularatne
The paper examines the impact of financial deepening on long run economic growth in South Africa over the period 1954-92. Two models are developed using the Johansen VECM structure. The first model investigates whether the financial system has a direct or indirect effect on per capita output via the investment…

  • Year 2001
  • Author(s) Jeffrey D. Lewis
This study is published by the World Bank in its informal series of Discussion Papers on the South African Economy. It draws on research supported by discussions and interaction with staff from a wide range of South African institutions. Since 1994, South Africa has made undeniable progress across a number…

  • Year 2001
  • Organisation National Institute for Economic Policy (NIEP)
  • Author(s) Kevin Nell
This paper tests a 'generalised' version of Thirlwall's balance-of-payments (BOP) constrained growth model by examining the existence of a long-run relation between the output growth rates of OECD countries, South Africa and the rest of the Southern African Development Community (RSADC). Although the policy implications of the study are not…

  • Year 2001
  • Organisation SNF
  • Author(s) Hildegunn Kyvik NordÃ¥s
This paper discusses one aspect of the by now somewhat discredited 'new economy', namely the impact of information and communication technology on the growth in volume and diversity of producer services. It provides an analysis of data on developments within transport, communication, finance and business services in South Africa and…
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  • Year 2001
  • Organisation LSE Economics Department
  • Author(s) Danny Quah
Because the New Economy is so intertwined with Information and Communications Technology, we are primed to think of New Economy developments as nothing more than technology-driven, productivity improving changes on the supply side. We then want New Economy developments to do what all technical progress has historically done. And we…

  • Year 2001
  • Organisation Centre for the Study of African Economies, Univers...
  • Author(s) Neil Rankin
This paper presents results based on a recent South African firm-level survey. It examines the export behaviour of South African manufacturing firms, it attempts to characterise the decision to export and it also considers the destination of exports. We find the following: 71% of South African firms export. These firms…

  • Year 2001
  • Organisation Trade & Industrial Policy Strategies (TIPS)
  • Author(s) Dirk Ernst van Seventer
This note presents a first cut at analysing the tariff schedule that is applied to South African imports. The aim is to show various ways in which tariffs on South African imports can be analysed such that DTI can develop in-house capacity to undertake such analysis on an on-going basis.…

  • Year 2001
  • Organisation School of Economic and Business Sciences, WITS
  • Author(s) Milton Taka
South Africa's telecommunications sector is the largest in Africa by important measures, including number of fixed lines, number of cellular subscribers, technological capability, equipment design, manufacturing capabilities, financial revenues, investment and data service users. There has also been substantial and increasing international participation alongside the linked processes of privatization and…

  • Year 2001
  • Organisation Danish Federation of Small and Medium-sized Enterp...
  • Author(s) Peter L. Vesterdorf
The aim of the paper is to demonstrate the ways in which EU competition policy and specifically Danish competition policy1, aim to protect the interests of not only private consumers, but also small and medium-sized enterprises (SMEs). As a point of departure it is useful to mention that the individual…

  • Year 2000
  • Author(s) Channing Arndt; Jeff Lewis
In this paper, we report on the preliminary results from an analysis of the macro impact of HIV/AIDS in South Africa. We have constructed an economywide simulation model that embodies the important structural features of the South African economy, into which we have added major impact channels of the HIV/AIDS…
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  • Year 2000
  • Author(s) Gary Fields
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  • Year 2000
  • Author(s) Dipak Mazumdar
The growth of employment in the manufacturing sector has been an important issue in development economics for a long time. Employment growth is, of course, limited by output growth in this sector, but the elasticity of employment with respect to output has varied widely in different regions and economies. This…
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  • Year 2000
  • Author(s) Geeta Kingdon and John Knight
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  • Year 2000
  • Author(s) Michael Samson
This paper develops a theoretical macro-economic model that links social infrastructure investment, taxation, and wages to income determination and job creation. The framework incorporates productivity effects, a fiscal budget constraint, and the public good nature of social infrastructure investment and wages, identifying a multiple equilibrium problem with the possibility of…
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  • Year 2000
  • Author(s) Eric Wood
It is widely agreed that technological learning and innovation are essential features of successful economic development. Yet achieving commercial success through technological innovation is notoriously difficult. Sophisticated entrepreneurial, managerial and organisational capabilities are at least as important as technical capabilities for achieving and sustaining this. Policy decisions around innovation expenditure…
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  • Year 2000
  • Author(s) Imraan Valodia
This paper examines the gender dimensions of the growth in informal and flexible work in South Africa and the government's policy response to this. The paper outlines the growth in informal and flexible work practices, and as illustrative examples, analyses how trade and industrial policies and labour market policies are…
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  • Year 2000
  • Author(s) Geeta Kingdon; John Knight
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