SOUTH  AFRICA’S MACROECONOMIC RESILIENCE TO EXTERNAL SHOCKS: A COMPARISON  TO ITS BRICS PARTNERS

Henry J. Cockeran

Makale detayları

SOUTH AFRICA’S MACROECONOMIC RESILIENCE TO EXTERNAL SHOCKS: A COMPARISON TO ITS BRICS PARTNERS

Yazarlar:

Henry J. Cockeran

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.145-160

Belge Tipi:

Makale

Yayın Tarihi:

5/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000810919

Sıklık:

İki Yıllık

eISSN:

1309-8055

Özet:

 

South Africa has to address the challenges of slow economic growth, poverty, and  inequality in the face of precarious macroeconomic imbalances—foreign capital  funds deficits of savings to investment, of tax income to government spending,  and of exports to imports. Just how susceptible is the South African economy to  an external shock? This paper extends a ‘resilience indicator’ developed by Rojas- Suarez (2015) and applies it to the case of South Africa. Such an indicator was  constructed for South Africa and the other BRICS economies. The values for the  period 2000–2014 were compared, and it was found that South Africa has become  less resilient to an external shock during this period than its BRICS partners.  South Africa is, therefore, more vulnerable to an external shock than the other  BRICS economies.

Makale detayları

SOUTH AFRICA’S MACROECONOMIC RESILIENCE TO EXTERNAL SHOCKS: A COMPARISON TO ITS BRICS PARTNERS

Yazarlar: Henry J. Cockeran

Yayıncı: Sosyal Bilimler Araştırmaları Derneği

Dergi: International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.145-160

Belge Tipi: Makale

Yayın Tarihi: 5/2016

Belge Dili: Türkçe

Document ID (Org No.): 2000810919

Sıklık: İki Yıllık

eISSN: 1309-8055

Sayı

Yazarlar:

Henry J. Cockeran

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.145-160

Belge Tipi:

Makale

Yayın Tarihi:

5/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000810919

Sıklık:

İki Yıllık

eISSN:

1309-8055