The Decline of the South African EconomyStuart Jones South Africa’s leading economists adopt within this volume a sectoral approach in their analysis of the drastic changes that have occurred within the South African economy since 1970. The book illustrates how, despite its sophisticated infrastructure, the South African economy has shared in the economic decline – resulting from misguided economic policies – that has been the experience of Sub-Saharan Africa. |
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The Decline of the South African Economy Stuart Jones,University of South Africa No preview available - 2002 |
Common terms and phrases
African Reserve Bank agricultural apartheid assets balance of payments building societies cargo cent coal commercial banks competition constant prices costs country's current account decade decline developing countries disinvestment domestic Durban economic growth effects employment exchange controls exchange rate expenditure farmers fell financial sector fiscal policy foreign exchange freight global gold mines gold price growth rate hire purchase import substitution imports income increased inflation infrastructure interest rates investment Johannesburg Securities Exchange Johannesburg Stock Exchange Journal of Economic labour market land major manufacturing industry market capitalization merchant banks metals mineral monetary policy natural resource-based Nedcor Old Mutual output period platinum political ports Pretoria rail rand rate of growth reform relatively result Richards Bay rise road sanctions significant South Africa South African economy South African Journal South African manufacturing South African Reserve Soweto riots Standard Bank Table traffic value added vehicles Vink