The impact of globalization on economic growth in South Africa
- Authors: Maronga, Vimbai Linah
- Date: 2015
- Subjects: Economic development -- South Africa , International economic integration , International trade
- Language: English
- Type: text
- Identifier: http://hdl.handle.net/10353/25861 , vital:64552
- Description: The dissertation investigated the impact of globalization on the economic growth of South Africa using annual South African data covering the period 1975 to 2011. The study used Johansen cointegration and vector error correction model to determine the impact of globalization on economic growth in South Africa. The VECM model with South African variables was specified and used to assess the effects of globalization on South Africa’s economic growth. Results of the study suggested that the South African economic growth was negatively impacted by globalization in the long run. Using the results conclusions and policy recommendations were made using these results. , Thesis (MCom) -- Faculty of Management and Commerce, 2015
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- Authors: Maronga, Vimbai Linah
- Date: 2015
- Subjects: Economic development -- South Africa , International economic integration , International trade
- Language: English
- Type: text
- Identifier: http://hdl.handle.net/10353/25861 , vital:64552
- Description: The dissertation investigated the impact of globalization on the economic growth of South Africa using annual South African data covering the period 1975 to 2011. The study used Johansen cointegration and vector error correction model to determine the impact of globalization on economic growth in South Africa. The VECM model with South African variables was specified and used to assess the effects of globalization on South Africa’s economic growth. Results of the study suggested that the South African economic growth was negatively impacted by globalization in the long run. Using the results conclusions and policy recommendations were made using these results. , Thesis (MCom) -- Faculty of Management and Commerce, 2015
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Critiquing the viability of a trade biased approach to regional integration in Southern Africa
- Authors: Chipendo, Kudakwashe
- Date: 2008
- Subjects: Regionalism -- Africa, Southern , International economic integration
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11409 , http://hdl.handle.net/10353/163 , Regionalism -- Africa, Southern , International economic integration
- Description: Africa’s international marginalization is preponderantly conceptualized through world systems approaches, particularly structural dependency. Consequently, the region’s socioeconomic quagmire, characterized by economic stagnation, abysmal poverty, inequality and foreign dependency, is often attributed to its colonial heritage. Particular reference is made to the small size of the African state and its structural specialization in primary production. Collective self reliance based on mutual interdependence (regional integration) thus suggests itself as a logical way to overcome the structural constraints imposed by the small size of the state, while at the same time representing a viable alternative to asymmetric trade with developed countries. It is within the context of this theoretical framework that this study critiques the predisposition of the regional body in Southern Africa, the Southern African Development Community (SADC), towards a trade biased approach to regional integration (market integration). This critique is based on theoretical and empirical findings showing that trade led strategies are primarily suited for developed countries with robust manufacturing industries and complimentary production structures. Countries in Southern Africa are however characterized by a near absence of manufacturing industries, are at different levels of development and show low levels of trade complementarities. This study therefore concludes that market integration is an inappropriate strategy for regional integration in Southern Africa and in the process suggests development integration – a political economy approach, as an alternative.
- Full Text:
- Authors: Chipendo, Kudakwashe
- Date: 2008
- Subjects: Regionalism -- Africa, Southern , International economic integration
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11409 , http://hdl.handle.net/10353/163 , Regionalism -- Africa, Southern , International economic integration
- Description: Africa’s international marginalization is preponderantly conceptualized through world systems approaches, particularly structural dependency. Consequently, the region’s socioeconomic quagmire, characterized by economic stagnation, abysmal poverty, inequality and foreign dependency, is often attributed to its colonial heritage. Particular reference is made to the small size of the African state and its structural specialization in primary production. Collective self reliance based on mutual interdependence (regional integration) thus suggests itself as a logical way to overcome the structural constraints imposed by the small size of the state, while at the same time representing a viable alternative to asymmetric trade with developed countries. It is within the context of this theoretical framework that this study critiques the predisposition of the regional body in Southern Africa, the Southern African Development Community (SADC), towards a trade biased approach to regional integration (market integration). This critique is based on theoretical and empirical findings showing that trade led strategies are primarily suited for developed countries with robust manufacturing industries and complimentary production structures. Countries in Southern Africa are however characterized by a near absence of manufacturing industries, are at different levels of development and show low levels of trade complementarities. This study therefore concludes that market integration is an inappropriate strategy for regional integration in Southern Africa and in the process suggests development integration – a political economy approach, as an alternative.
- Full Text:
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