scholarly journals Impact of Capital Account Liberalization on Economic Growth in Africa: A Case Study of South Africa

2014 ◽  
Author(s):  
S.A Khumalo ◽  
F.M Kapingura
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Capital Account ◽  
Capital Account Liberalization

scholarly journals Re-Visting the Electricity-Growth Nexus in South Africa

2016 ◽  
Vol 11 (1) ◽  
pp. 97-111 ◽  
Author(s):  
Andrew Phiri ◽  
Bothwell Nyoni
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
South African ◽  
Empirical Investigation ◽  
Research Study ◽  
Electricity Consumption ◽  
Domestic Investment ◽  
Long Run ◽  
Trivariate Analysis

AbstractThis research study contributes to the ever-expanding literature by examining multivariate cointegration and causality relationships between electricity consumption, economic growth and other growth determinants for quarterly South African data collected between 1994/Q1 – 2014/Q4. The motivation behind this current research case study becomes apparent when taking into consideration that no previous studies have gone further than bivariate and trivariate analysis in investigating the electricity-growth nexus in South Africa. In conducting our empirical investigation, our obtained empirical results are two-fold in nature. Firstly, we find significant multivariate long-run cointegration relationships between economic growth, electricity consumption and other growth determinants. Secondly, our empirical analysis offers support in favour of the neutrality hypothesis, that is, the notion of no causal effects existing between electricity consumption and economic growth in the long-run. However, we find that exports directly cause electricity consumption whereas economic growth, domestic investment and employment levels causally flow to exports.

scholarly journals Informal Labour Markets As A Solution For Unemployment In South Africa – A Case Study Of Car Guards In Bloemfontein

2003 ◽  
Vol 1 (2) ◽  
Author(s):  
P. F. Blaauw ◽  
L. J. Bothma
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Low Income ◽  
Skill Development ◽  
Formal Sector ◽  
Informal Labour ◽  
The Unemployed ◽  
Formal And Informal Sectors ◽  
Harsh Conditions

The car guard industry in South Africa evolved out of the plight of the unemployed. Very little research has been done on the industry in South Africa. The first objective of this article is to address the lack of research and the second is to determine whether the car guard industry can provide a solution to the problem of unemployment. Car guards involved in this study were found to be generally low skilled, earning low income and working under harsh conditions for long hours. The majority of them held formal sector employment before becoming unemployed. Car guarding is not a solution to the plight of the unemployed. Training and skill development supplemented by accelerated economic growth are vital to bridge the gap between the formal and informal sectors. OpsommingDie motorwag-industrie in Suid Afrika het onstaan uit die lot van die massa werkloses in die land. Weinig navorsing is al oor die industrie gedoen. Die doelwit van die artikel is eerstens om die gebrek aan navorsing aan te vul en tweedens om te bepaal of die motorwagindustrie ’n oplossing vir die probleem van werkloosheid kan bied. Motorwagte in die studie is oor die algemeen laag geskoold, swak besoldig en werksaam vir lang ure onder moeilike omstandighede. Die meeste het ’n werk in die formele sektor van die ekonomie gehad voordat hulle werkloos geword het. Om ’n motorwag te wees kan nooit ’n oplossing vir werkloosheid wees nie. Opleiding en die ontwikkeling van noodsaaklike vaardighede teen ’n agtergrond van versnelde ekonomiese groei, is uiters noodsaaklik om die gaping tussen die informele en formele sektor te oorbrug.

scholarly journals Everyday hazards and vulnerabilities amongst backyard dwellers: A case study of Vredendal North, Matzikama Municipality, South Africa

2015 ◽  
Vol 7 (1) ◽  
Author(s):  
Patricia J. Zweig
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Future Development ◽  
Low Cost ◽  
Development Planning ◽  
Small Towns ◽  
Local Municipality ◽  
Low Cost Housing ◽  
The Town

The populations of many small towns in South Africa continue to expand unmatched by parallel economic growth, entrenching high levels of poverty. The town of Vredendal, located close to the national route between Namibia and Cape Town in South Africa, is a West Coast development node and an emergent industrial and processing area that continues to attract an influx of people seeking economic opportunities. This is challenging the capacity of the local municipality, which has a waiting list for state-provided low-cost housing units, whilst the provision of adequate infrastructure to meet growing local need is also a developmental concern. In the suburb of Vredendal North this has resulted in the proliferation of unplanned informal dwellings in the backyards of formalised low-cost housing areas. Largely overlooked by urban researchers, little is known or understood about small town backyard populations. This prompted a brief study of Vredendal North backyard dwellers commissioned by the local municipality to identify their everyday hazards and livelihood vulnerabilities to inform future development planning. A community workshop identified critical development needs and suggested that backyard dwellers in small towns experience similar living conditions and hazards to those in the cities, although underlain by some unique differences.

Discarding Political Hypocrisy and Mystification of Xenophobia While Maximizing the Economic Weight of Immigrant Nationals in African Economies

2021 ◽  
pp. 189-209
Author(s):  
Keatlegile Moses Mabena
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Government Officials ◽  
Political Leaders ◽  
African Countries ◽  
Economic Weight ◽  
Hard Times ◽  
International Obligations ◽  
Political Speeches

The chapter challenges existing political hypocrisy perpetrated by anti-immigrant proponents including politicians and governments in some purposively selected African countries which form part of this case study. The chapter selected South Africa, Nigeria, Libya and Kenya to provide background to investigate the identified problem. This chapter premises that in the selected countries, manifestations of xenophobia in society are perpetrated by hypocritical political speeches of politicians and government officials. These speeches mystifies xenophobia. Politicians and government officials denied existence of xenophobia to justify their xenophobic rhetoric. There is what others have called ‘denialism' with regard to xenophobia in countries such as South Africa where influential politicians including government officials would create theories such as ‘criminality' and influence of ‘third force' which lead to locals attacking immigrant nationals. The chapter presents that, indeed there have been historical xenophobic manifestations in the selected countries which were in the main sponsored by political hypocrisy of politicians and government officials. Political leaders used inflammatory political rhetoric during economic hard times to exonerate themselves from non-delivery of expected service by their electoral bases, and therefore resorted to xenophobic utterances. Contrary to some assertions, immigrant nationals were crucial for local economic growth and general development. Political leaders and government officials should enforce policies and practices that protect immigrant nationals from any harm or any type of violence. Locals should also be educated about the Human Rights of immigrant nationals in terms of domestic statutes and international obligations of states. Also, locals should be educated on the positive contributions immigrant nationals make in society. Locals could learn appreciation of diversity, and therefore be prepared to embrace multi-culturalism in the era of growing internationalization and globalisation.

Capital Account Liberalization Institutions and Economic Growth in the Emerging World

2021 ◽  
Vol 7 (3) ◽  
pp. 749-756
Author(s):  
Muhammad Atiq-Ur- Rehman ◽  
Furrukh Bashir ◽  
Salyha Zulfiqar Ali Shah ◽  
Muhammad Azhar Bhatti
Keyword(s):  
Economic Growth ◽  
Financial Liberalization ◽  
Emerging Market ◽  
Output Growth ◽  
Capital Account ◽  
Capital Account Liberalization ◽  
Policy Makers ◽  
Institutional Variables ◽  
Institutional Infrastructure ◽  
The Impact

Purpose: The relationship between capital account liberalization and economic growth has been a fervently discussed subject among economists and policy-makers. The role of institutions is imperious to comprehensively investigate the impact of financial openness on growth. The objective of the study is to inspect the nexus between financial liberalization and economic growth after incorporating the contribution of institutional quality. Methodology: A panel of data on 17 emerging market economies (EMEs) is used for the period 1995-2019. We employ the GMM technique by using different de facto and de jure measures of financial liberalization along with institutional variables. Findings: The empirical results illustrate that better quality institutions strengthen the connection between capital account liberalization and output growth in the emerging World. Implications: The policymakers should focus on the more beneficial nature of financial liberalization such as FDI. Also, the policy should be aiming at availing the services of efficient human resources with proper institutional infrastructure.

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