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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27 March 2023In a holiday-shortened week for SA, there was plenty to digest, starting with the EFF’s planned shutdown on Monday, which amid a poor turnout was ‘downgraded’ to a stayaway. Two other noteworthy local developments were a higher-than-expected February CPI inflation print and another increase in government’s salary hike offer to public sector workers....
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BER Weekly
27 March 2023In a holiday-shortened week for SA, there was plenty to digest, starting with the EFF’s planned shutdown on Monday, which amid a poor turnout was ‘downgraded’ to a stayaway. Two other noteworthy local developments were a higher-than-expected February CPI inflation print and another increase in government’s salary hike offer to public sector workers....
Read the full issue