Development Economics I

Economic development is a process of structural change that facilitates a sustained rise in the living standards of the population as a whole. From this follows that structural change (and thus discontinuities) rather than economic growth alone are emphasised, and that the distribution of the gains from economic growth is a central issue.

This course provides an introductory overview of current economic development issues (i.e. structural economic issues) as they are encountered particularly in South Africa or in other African countries The debate about the nature of apartheid and its legacy and about the post-apartheid economy is naturally central to any course on economic development in South Africa.

Course instructor: Servaas van der Berg, Ronelle Burger, Krige Siebrits and Nic Spaull

Work programme

BER Weekly

22 September 2017
In the domestic section we unpack the latest decision by Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB). Against expectations for a cut, the MPC decided to keep the policy interest rate unchanged. Additionally, we look at the latest consumer inflation numbers from Statistics South Africa (Stats SA), which shows that August...

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