Orthofer on SA wealth and income

Posted by Melt van Schoor on 2015-10-02

Given high inequalities in South Africa, there has been much interest in the work of the French economist, Thomas Piketty, suggesting that capitalism naturally leads to a growing wealth-income ratio and unsustainable inequality. Recently, a PhD student at Stellenbosch, Anna Orthofer (supervisor: Stan du Plessis), investigated historical data for South Africa and found that in at least some respects, South Africa does not seem to match the rich countries analysed by Piketty, and that the wealth-income ratio has in fact been relatively low and stable. Read more about this in a recent Financial Mail article.

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BER Weekly

20 November 2017
Last week, retail and wholesale data was released for the domestic economy. The September growth figures completed the picture for the third quarter. In this regard, the growth in retail sales should support GDP growth in Q3, while a significant contraction in wholesale sales will have the opposite effect. Internationally, economic growth was reported...

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Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

20 November 2017
Last week, retail and wholesale data was released for the domestic economy. The September growth figures completed the picture for the third quarter. In this regard, the growth in retail sales should support GDP growth in Q3, while a significant contraction in wholesale sales will have the opposite effect. Internationally, economic growth was reported...

Read the full issue