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

Work programme

BER Weekly

29 July 2019
Domestic financial markets were dominated by the reaction of credit rating agencies to Finance Minister Tito Mboweni's announcement that Eskom will receive an additional R59 billion (bn) bailout. This will be spread over the 2019/20 (R26bn) and 2020/21 (R33bn) fiscal years. Combined with the R23bn per annum committed to Eskom in the February budget,...

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