Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa write by Nombulelo Gumata. This book was released on 2020-01-03. Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa available in PDF, EPUB and Kindle. The overarching goal of South Africa’s National Development Plan (NDP) is to eliminate poverty, reduce inequality, lower unemployment and increase the labour participation.This book contributes to academic and policy efforts to achieve these NDP goals. We establish that the coal, metal ores and the platinum group commodity sectors will underpin the mining as a “sunrise” industry. The export-led growth strategy is necessary for intensive employment creation but must be complemented by other micro, macroeconomic and industrial policies. A strategy of minerals beneficiation is important for intensive employment creation. Accelerated land reform is a supply side or structural reform policy intervention tool aimed at increasing potential output, changing ownership patterns in the economy, increasing entrepreneurship, labour absorption, economic inclusion and lowering income inequality. Evidence shows that the balance sheet channel, commodity price booms and busts are intricately linked with the exchange rate dynamics, policy uncertainty, confidence and the effects of droughts (also symptoms of climate change). Productivity and investment growth shocks matter for output, employment and price stability. Evidence indicates that nominal GDP growth above 10 percent and keeping inflation within the target band leads to significant increase in employment and decline in unemployment, without inflationary pressures, especially when inflation is below 4.5 percent. To operationalise the NDP targets, align and co-ordinate policies, the South African Reserve Bank (SARB) mandate can be expanded to include maximum employment. This must be complemented by lowering the inflation target band, adjusting the financial regulatory, macro-prudential and monetary policy frameworks. This will enhance the conduct and credibility of monetary and financial stability policies to achieve the set objectives. These objectives make policy co-ordination pertinent and binding.
The Secular Decline of the South African Manufacturing Sector
The Secular Decline of the South African Manufacturing Sector - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Secular Decline of the South African Manufacturing Sector write by Nombulelo Gumata. This book was released on 2020-11-10. The Secular Decline of the South African Manufacturing Sector available in PDF, EPUB and Kindle. This book examines the global and domestic factors that have influenced the decline of South African manufacturing. Quantitative and econometric techniques are used to analyse the macroeconomic conditions that derive improved performance within the manufacturing sector. Empirical evidence is used to set out policy recommendations that would allow the South African National Development Plan to meet its objectives. This books aims to bring together analysis of industrial policy, competition policy, and merger remedies to produce a framework on how to preserve a competitive environment and support output, investment, and employment growth. It is relevant to those interested in African, development, and labour economics.
Season of Hope
Season of Hope - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Season of Hope write by Alan Hirsch. This book was released on 2005. Season of Hope available in PDF, EPUB and Kindle. Offers an insight into the circumstances under which the policies were developed, implemented and reviewed, as well as a study of the outcomes. This book addresses questions such as: How could an organisation with no previous experience of governing accomplish a peaceful transition to democracy? How did they do it and where are they going?
The Future of the South African Political Economy Post-COVID 19
The Future of the South African Political Economy Post-COVID 19 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of the South African Political Economy Post-COVID 19 write by Mzukisi Qobo. This book was released on 2022-10-31. The Future of the South African Political Economy Post-COVID 19 available in PDF, EPUB and Kindle. This book examines the COVID-19 pandemic through socioeconomic lens that draw on history, approaches to state-market relations, and public policy perspectives In 2020, the world experienced the worst pandemic since the outbreak of the Spanish Flu of 1918, which continues to have far[1]reaching implications for the global economy and triggered macro-economic dislocations that severely affected the most vulnerable countries and segments of society. This book was conceived as a response to the disruptive shifts induced by the pandemic, with a particular focus on South Africa. International experience has shown that countries and societies that have gone through tough economic times, either as a consequence of wars or economic depressions, have responded to crises by enacting unpopular policy measures based on difficult tradeoffs, which often made way for innovation. The authors outline policy responses to the COVID-19 crisis and propose several interventions to mitigate its effects. These include developing innovative approaches to fiscal and monetary policies, labour market policies, industrial policies, as well as social policies. Building state capabilities, improving the governance and performance of state institutions, and managing digital change are some of the clear policy interventions that are laid out in this book.
Achieving Price, Financial and Macro-Economic Stability in South Africa
Achieving Price, Financial and Macro-Economic Stability in South Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Achieving Price, Financial and Macro-Economic Stability in South Africa write by Nombulelo Gumata. This book was released on 2021-05-27. Achieving Price, Financial and Macro-Economic Stability in South Africa available in PDF, EPUB and Kindle. This book explores the macro-financial effects of central bank balance sheets, macro-prudential tools, and financial regulation in South Africa. How employment can be maximised while keeping inflation low and stable is examined in relation to the structural changes required to alter the composition of South African bank balance sheets. Quantitative methods and approaches are utilised to highlight the impact of suggested policies. This book aims to outline strategies and policy interventions that can help achieve the National Development Plan in South Africa. It will be of interest to researchers and policymakers working within development economics, African economics, development finance, and financial policy.
