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

5 December 2022
Shock waves reverberated through SA last week after an independent panel report found that President Cyril Ramaphosa may have violated his oath of office in handling a theft at his Limpopo farm. While the Phala Phala saga will drag on this week, there are also some important local data releases, including the 2022Q3 real GDP figures (tomorrow) and the...

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BER Weekly

5 December 2022
Shock waves reverberated through SA last week after an independent panel report found that President Cyril Ramaphosa may have violated his oath of office in handling a theft at his Limpopo farm. While the Phala Phala saga will drag on this week, there are also some important local data releases, including the 2022Q3 real GDP figures (tomorrow) and the...

Read the full issue