Resource misallocation has the potential to reduce aggregate total factor productivity and undermine industrial development. Aggregate productivity losses are found to be particularly pronounced in emerging...
Do Southern African Development Community countries trade enough with each other and with the rest of the world? Although its share of world trade has fallen, appropriate benchmarking shows that, controlling...
The Union of South Africa was formed in 1910 out of combining the two British colonies (the Cape and Natal) with the defeated Boer republics (Transvaal and the Orange Free State). In the ensuing years...
The Union of South Africa was formed in 1910 out of combining the two British colonies (the Cape and Natal) with the defeated Boer republics (Transvaal and the Orange Free State). In the ensuing years...
In 1994, the new democratically elected government inherited an economic system characterized by declining economic and employment growth. In response to these pressures, the government initiated a number...