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Research Archive (595)
- Year 2003
- 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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- 734.pdf (2216 Downloads)
- Year 2003
- Author(s) Seeraj Mohammed
- Countries and Regions South Africa
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- 735.pdf (2643 Downloads)
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- Year 2003
- 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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- 737.pdf (2627 Downloads)
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- Year 2003
- 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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- 762.pdf (2830 Downloads)
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- Year 2003
- 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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- 763.pdf (2811 Downloads)
- Year 2003
- Organisation Cornell University
- Author(s) Peter Glick; David E. Sahn
- Countries and Regions South Africa
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- Year 2003
- Organisation DPRU
- 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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- Fast-Tracking_Telecommunications_Reform_In_Southern_Africa.pdf (2701 Downloads)
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- Year 2003
- Author(s) David Kaplan
- Countries and Regions South Africa
Section 1 examines South Africa's comparative industrial performance over approximately the last two decades – manufacturing value added (MVA), manufactured exports in aggregate and exports of dynamic manufactured products, and industrial structure. Two “equity dimensions” of this performance that feature strongly in government's objectives for manufacturing are then outlined –…
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- A_Review_of_South_Africas_Post-1994_Industrial_Performance_1.pdf (3361 Downloads)
- Year 2003
- Countries and Regions South Africa
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- Year 2003
- Author(s) Stan Dieden
- Countries and Regions South Africa
In this exploratory analysis of household survey data, households' main income sources are used indicators of integration into the South African core economy. Notwithstanding the country's high urbanization rates, the picture of household income generation which emerges is one that disputes common perceptions of the multitude of means by which…
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- Year 2003
- Organisation University of the Witwatersrand
- Author(s) Simon Roberts
- Countries and Regions South Africa
Competition policy is part of the new international orthodoxy in economic policy and, at the same time, was viewed in South Africa as a crucial element of economic transformation. This article reviews the role of competition policy in economic development and the experiences of developing countries such as Brazil and…
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- Year 2002
- Author(s) Jessie de Beer
- Countries and Regions South Africa
The new international financial architecture has its roots in the financial crises that shook emerging-market economies in the l990s Mexico in 1994-5, and East Asia in 1997-8. The problems there, as well as in Russia in 1998, in Brazil in 1998-9, and more recently in Turkey and Argentina, underscored the…
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- 573.pdf (2572 Downloads)
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- Year 2002
- Author(s) Neil Rankin
- Countries and Regions South Africa
This paper examines the response of South African manufacturing production to changes in prices and exchange rates. A restricted profit function is used to model the behaviour of the manufacturing sector, as well as a number of manufacturing sub-sectors, and of the agricultural and coal mining sectors. Labour and intermediate…
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- 597.pdf (2004 Downloads)
- Year 2002
- Author(s) Sophie Chauvin; Guillaume Gaulier
In September 2000, the SADC FTA has been launched wherein full liberalization of trade is expected by 2012. The SADC FTA is intended to act as a catalyst for increased regional integration. Nevertheless what are the benefits expected from the SADC FTA given the economic structure disparities existing among its…
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- 555.pdf (3366 Downloads)
- Year 2002
- Author(s) Bernard Hoekman
This paper analyzes a number of the challenges confronting developing countries seeking to use the WTO Doha negotiations to promote their economic growth and performance. A precondition for success is to have clear objectives and to take a pro-active stance. But a key necessary condition for success will be to…
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- 556.pdf (2628 Downloads)
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- Year 2002
- Author(s) Bijit Bora; Marc Bacchetta
The negotiating mandate for the Doha Development Agenda is both broad and comprehensive. This paper has tried to focus on the basic mandate given to negotiators in the area of tariffs and trade in industrial products. With respect to developed country markets the key issue is how to tackle the…
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- 557.pdf (3306 Downloads)
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- Year 2002
- Author(s) Charles Mather
- Countries and Regions South Africa
This paper is about changes in the regulation of citrus exports from South Africa. It traces the changes from state regulation of the citrus chain to very recent forms of private regulation in the context of highly competitive global markets. The paper argues that while these forms of private regulation…
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- 558.pdf (3465 Downloads)
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- Year 2002
- Author(s) Michiel van Dijk
- Countries and Regions South Africa
This paper analyses the historical performance of the South African manufacturing sector in an international perspective. After a brief overview of the industrialisation process of South Africa during the 20th century, a binary comparison of manufacturing output and productivity between South Africa and the US is presented. The industry-of-origin approach…
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- 560.pdf (3116 Downloads)
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- Year 2002
- Author(s) Anthony Black; Shannon Mitchell
- Countries and Regions South Africa
The paper first outlines the history of industrial and trade policy in the industry. It highlights the significance of the transition from import-substitution policies to export promotion policies. It then provides an analytic exposition of the welfare costs and benefits of the current export complementation programme. We find that: The…
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- 561.pdf (3731 Downloads)
- Year 2002
- Author(s) Nicholas Vink; Norma Tregurtha
- Countries and Regions South Africa
Over the past two decades, South Africa's agricultural sector has been extensively liberalised. As a result, a closer examination of the data shows some interesting trends in international trade in food and beverage products. First, exports of processed foods and beverages have shown strong growth. Despite the large increase in…
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- 562.pdf (3741 Downloads)
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- Year 2002
- Author(s) Simon Hess
- Countries and Regions Southern African Development Community (SADC)
This study investigates the impact of a free trade area (FTA) on industrial distribution within the Southern African Development Community (SADC). As such the study is grounded in new theories of international trade analysing the impact of trade agreements on countries of different sizes. SADC represents a consortium of countries…
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- 563.pdf (3047 Downloads)
- Year 2002
- Author(s) Matthew Stern
- Countries and Regions South Africa
Economists seem to agree that the theory of comparative advantage can be extended to trade in services. Countries with relatively large endowments of skilled labour and capital and relatively few natural resources should export more services and less mining or agricultural goods than those relatively rich in land or resources.…
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- 564.pdf (3077 Downloads)
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- Year 2002
- Author(s) Grace Mohamed; Daniel Motinga
- Countries and Regions Namibia
This paper investigates the economic impact of globalisation on the Namibian labour market. It deals with how trade liberalisation, which is just one dimension of globalisation, impacts on the labour market, and therefore outlines possible indicators of the links between liberalisation and employment. The paper argues that the economic returns…
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- 565.pdf (5000 Downloads)
An Evaluation of the Influences on Price and Production in the Maize Market following Liberalisation
- Year 2002
- Author(s) Neo Chabane
In 1996 the maize market was liberalised and the maize marketing board was abolished. This has meant that prices and production decisions now respond to market forces. At the same time there has been a restructuring of agents at different levels of the maize supply chain and there are relatively…
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- 566.pdf (3677 Downloads)
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- Year 2002
- Author(s) Newman Kwadwo Kusi
- Countries and Regions South Africa
This paper examines the impact of trade liberalization on export performance in South Africa during the 1980s and 1990s. It employs a time series regression analysis in which export performance is assumed to be determined by external market conditions, the ability to compete in the world markets, and the extent…
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- 567.pdf (3830 Downloads)
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- Year 2002
- Author(s) Nicholas Mudungwe
- Countries and Regions South Africa, Zimbabwe
Globalisation and regional integration have brought to the fore the need to benchmark economic policies of nations as a way of identifying and evaluating reasons as to why some countries are more competitive than others. The present paper therefore attempts to compare and contrast the levels and variations between Zimbabwe…
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- 568.pdf (3225 Downloads)
- Year 2002
- Author(s) Frank Flatters
- Countries and Regions Southern African Development Community (SADC)
SADC Member States have chosen regional integration as part of their strategy for global participation. While not a first best strategy, regionalism can complement more general trade and investment liberalization. Unfortunately the SADC Trade Protocol is seriously flawed. Back-loaded and confusingly differentiated tariff reduction schedules are well-known problems. Less clearly…
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- 570.pdf (3681 Downloads)
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- Year 2002
- Author(s) J.N. Blignaut; T Demana
- Countries and Regions South Africa
High expectations exist about the possible contribution of SMMEs to economic growth and development in South Africa. It is recognized, however, that SMMEs are seriously constrained in many regards, amongst others, legal and institutional requirements, whereas the authorities do not have adequate capacity for enforcement. Non-compliance cannot therefore be effectively…
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- 572.pdf (2527 Downloads)
- Year 2002
- Author(s) Dockel Max; Roland Mirrilees
- Countries and Regions South Africa
The paper discusses the current developments concerning the environment and trade, as well as its implications for South Africa. This is followed by a brief outline of the threats and opportunities that are created for the economy by this renewed emphasis on sustainable development
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- 574.pdf (2428 Downloads)
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- Year 2002
- Author(s) Andrew Myburgh
- Countries and Regions South Africa
This paper outlines the major emigration trends over the last twenty years. It argues that the two major causes of emigration have been real wage differentials and falling immigration restrictions in the major destination countries. The paper concludes by outlining some policy interventions that can be instituted to decrease emigration.
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- 575.pdf (3003 Downloads)
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