Economic growth in South Africa since 1994

Stellenbosch Working Paper Series No. WP01/2006
 
Publication date: 2006
 
Author(s):
[protected email address] (Department of Economics, Stellenbosch University)
[protected email address] (Bureau of Economic Research, Stellenbosch University)
 
Abstract:

South Africa's democratic transition in 1994 created expectations of a dramatic turnaround in the economic performance. Trade and financial sanctions and internal political opposition to the apartheid government had contributed to the poorest ten-year growth performance (1984 - 1993) since the Second World War and the removal of these constraints was widely expected to transform the country's economic performance. This paper measures the realised performance of the economy over this decade along a number of dimensions, including: economic growth, its constituent parts and proximate causes and economic stability.

 
JEL Classification:

N100, N170, O400, O470, O490, O550

Keywords:

economic growth, South Africa, 1994

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As is often the case, domestic financial markets largely ignored local developments, including a lower-than-expected January consumer inflation print, last week and were swept along by the intensification of the global reflation trade. Outside of the inflation release, the domestic data releases continued to show that there was still some recovery momentum...

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BER Weekly

22 February 2021
As is often the case, domestic financial markets largely ignored local developments, including a lower-than-expected January consumer inflation print, last week and were swept along by the intensification of the global reflation trade. Outside of the inflation release, the domestic data releases continued to show that there was still some recovery momentum...

Read the full issue