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

14 October 2019
While incoming data on the global economy remains downbeat, the mood was lifted last week after progress was made on US-China trade talks and Brexit negotiations. On the domestic data front, mining and manufacturing data for August added to growing evidence that real GDP growth likely slowed significantly in 2019Q3 after the nice rebound recorded in...

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No seminars are currently listed. Please check back soon.
 
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BER Weekly

14 October 2019
While incoming data on the global economy remains downbeat, the mood was lifted last week after progress was made on US-China trade talks and Brexit negotiations. On the domestic data front, mining and manufacturing data for August added to growing evidence that real GDP growth likely slowed significantly in 2019Q3 after the nice rebound recorded in...

Read the full issue