This paper reviews conditions for sustainable economic growth and development, developed in previous publications and papers by the authors and based on the experience of successfully developing countries. It then analyses ...

For more than a decade the Big Mac index has served as a guide to the layman as to whether currencies are at their ‘correct’ exchange rate level. This article compares the postal rate of a standard letter in South Africa, ...

After the first democratic election in South Africa in April 1994, South Africa's financial markets became more exposed and vulnerable to international developments, vide the financial crisis of 1998. This vulnerability ...

This study evaluates the impact of monetary policy on the economic growth of a small and open economy like that of South Africa. Structuralists contend that changes in money supply (M3) and inflation (CPI) are not significantly ...

This paper reconfirms the important links that exist between manufacturing productivity, trade orientation, industry specific characteristics and some macroeconomic variables. The dynamic GMM estimator used in the analysis ...

This paper explores the implications of trade liberalization on international trade tax revenue and the macroeconomic implications thereof in the context of the South African economy. The main focus of the paper is on ...

This paper tests whether tariff liberalisation has lead to increased competitiveness in the South African economy. The 46 sectors of the South African economy are classified as exportable, importable, importable and ...