European Parliament Library

South Africa :, Selected Issues

Abstract
This paper describes South Africa’s economic development and challenges. South Africa has made considerable economic and social progress over the past two decades, but faces substantial challenges. Global transitions—China’s slowdown and rebalancing, weak commodity prices, and U.S. monetary policy normalization—are taking a heavy toll on South Africa. Growth and employment, which were already low, are faltering and continue to underperform peer countries. Vulnerabilities remain elevated and have increased in the real and fiscal sectors. Boosting growth and job creation, thus reducing extremely high unemployment and inequality, and promoting social transformation remain South Africa’s key challenges
Table Of Contents
Cover; CONTENTS; THE IMPACT OF CHINA'S GROWTH SLOWDOWN AND LOWER COMMODITY PRICES ON SOUTH AFRICA; A. Linkages between South Africa and China; B. Assessing the Impact of Lower Growth in China on South Africa; C. Domestic Propagation of Commodity Price Shocks; D. Conclusion; References; MACRO-FINANCIAL LINKAGES: CAPITAL FLOWS, SOVEREIGN RATINGS, AND THE FINANCIAL SECTOR NEXUS; A. The Role of Capital Flows in the South African Economy; B. Capital Flows and Macro-Financial Linkages; C. The Impact of Potential Sovereign Debt Rating Downgrades
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (29 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780147551917

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