Two Stellenbosch professors win Montias prize

Posted by Melt van Schoor on 2020-10-15

 

Two professors from the Department of Economics' LEAP group, Dieter von Fintel and Johan Fourie, won the 2020 Montias Award for the best paper published in the Journal of Comparative Economics over the past two years. The paper is entitled "The great divergence in South Africa: Population and wealth dynamics over two centuries" (available on Sciencedirect) and investigates the effects of long-run institutional shocks in South Africa's economic history on population and wealth. The paper makes the case that black South Africans lived under two extractive regimes which favoured small elites. Democracy brought inclusive institutions, however the institutional transformation remains incomplete. The paper draws out the implications for the spatial patterns of poverty in the present day.

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BER Weekly

29 May 2023
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BER Weekly

29 May 2023
On the local front, all eyes were on the SA Reserve Bank (SARB) last week, while global markets digested the latest Federal Reserve (Fed) minutes and kept a keen eye on any progress of discussions around lifting the US debt ceiling. The rand exchange rate remained under pressure and weakened to a fresh record low against the US dollar towards the end...

Read the full issue