On nationalisation: Prof du Plessis delivers ESSA presidential address
On 7 September, prof Stan du Plessis delivered the ESSA presidential address to a packed audience at Stellenbosch University. In his introduction, he noted that he had written a first version of the speech on the use of statistical inference in economics, but had decided to change topic given the recent debate in the media about the possible nationalisation of the mines. His lecture - Nationalising the South African mines: Back to a prosperous future, or down a rabbit hole? - discussed the potential benefits and costs of nationalisation from an evidence-based perspective. In short, Prof du Plessis concludes that "nationalising the mining sector will cost the government more than it receives". His full speech is available as a Working Paper: http://www.ekon.sun.ac.za/wpapers/2011/wp172011
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BER Weekly
16 May 2025 Trade truce lifts markets, SA braces for winter load-shedding and budget reckoningThis week, data showed that South Africa’s unemployment rate rose in 2025Q1, with net job losses compared to 2024Q4. Meanwhile, mining output improved in March but declined overall for the quarter. In the US, inflation eased to a four-year low, while Germany’s economic sentiment rebounded sharply. The UK economy posted impressive growth in Q1; however,...
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Upcoming Seminars
Monday 26 May 202512:00-13:00
Prof Simon Franklin: Queen Mary University In London
Topic: "No Place Like Home? The Causal Effect of Housing Clearances in Central Addis Ababa"
12:00-13:00
Dr Dawie van Lill: South African Reserve Bank & Stellenbosch University
Topic: "TBC"
12:00-13:00
Prof Hylton Hollander: University Of Cape Town
Topic: "TBC"
BER Weekly
16 May 2025 Trade truce lifts markets, SA braces for winter load-shedding and budget reckoningThis week, data showed that South Africa’s unemployment rate rose in 2025Q1, with net job losses compared to 2024Q4. Meanwhile, mining output improved in March but declined overall for the quarter. In the US, inflation eased to a four-year low, while Germany’s economic sentiment rebounded sharply. The UK economy posted impressive growth in Q1; however,...
Read the full issue