South Africa : Stimulating Economic Growth

South Africa has begun a new phase in its history. This article reports on a study examining the challenge of promoting equitable and fiscally sustainable growth, and evaluating alternative paths to growth using an econometric model developed by Wo...

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Bibliographic Details
Main Authors:	Fallon, Peter, Pereira de Silva, Luiz A.
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ECONOMIC GROWTH ECONOMETRIC MODELS PUBLIC INVESTMENTS PRIVATE INVESTMENTS EXPORT PROMOTION SKILLED WORKERS PUBLIC EXPENDITURES POVERTY MITIGATION POLITICAL STABILITY INTERNATIONAL CAPITAL MARKETS EMPLOYMENT TRADE POLICY LABOR MARKETS AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BASIC EDUCATION CAPITAL STOCK DEBT DEVELOPED COUNTRIES DISPOSABLE INCOME ECONOMIC EFFECTS ECONOMIC IMPACT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC PROBLEMS ELECTRICITY GENERATION EMPLOYMENT GROWTH EXCHANGE RATE EXOGENOUS FACTORS EXPORTS FOREIGN EXCHANGE FOREIGN INVESTMENT FUELS GDP GOVERNMENT EXPENDITURE GROSS DOMESTIC PRODUCT GROWTH PATH HIGH GROWTH IMPORT DUTIES IMPORTS INCOME INCOME DIFFERENTIALS INCREASED INVESTMENT INFLATION INTEREST RATES INTERMEDIATE GOODS INVESTMENT INVESTMENT LEVELS LABOR FORCE LABOR MARKET LABOR SUPPLY LABOR SUPPLY GROWTH LONG RUN LOW INTEREST RATES MACROECONOMIC MODEL MONETARY POLICIES PER CAPITA GROWTH POLICIES PRIVATE INVESTMENT PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC EXPENDITURE PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING RAPID GROWTH REAL GDP RECESSION REDISTRIBUTIVE POLICIES REGULATORY FRAMEWORK SAVINGS SKILLED LABOR SOCIAL STABILITY SOCIAL TENSIONS SUSTAINABLE GROWTH TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH UNEMPLOYMENT WAGES
Online Access:	http://documents.worldbank.org/curated/en/1994/07/1614975/south-africa-stimulating-economic-growth http://hdl.handle.net/10986/10014

Internet

http://documents.worldbank.org/curated/en/1994/07/1614975/south-africa-stimulating-economic-growth
http://hdl.handle.net/10986/10014

South Africa : Stimulating Economic Growth

Internet

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