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Economic growth in South Africa since 1994

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  • Stan du Plessis

    ()
    (Department of Economics, Stellenbosch University)

  • Ben Smit

    ()
    (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.

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File URL: http://www.ekon.sun.ac.za/wpapers/2006/wp012006/wp-01-2006.pdf
File Function: First version, 2006
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Bibliographic Info

Paper provided by Stellenbosch University, Department of Economics in its series Working Papers with number 01/2006.

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Date of creation: 2006
Date of revision:
Handle: RePEc:sza:wpaper:wpapers15

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Keywords: economic growth; South Africa; 1994;

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Cited by:
  1. Rodrick, Dani, 2006. "Understanding South Africa's Economic Puzzles," Working Paper Series, Harvard University, John F. Kennedy School of Government rwp06-039, Harvard University, John F. Kennedy School of Government.
  2. Fofana, IsmaƩl & Chitiga, Margaret & Mabugu, Ramos, 2009. "Oil prices and the South African economy: A macro-meso-micro analysis," Energy Policy, Elsevier, Elsevier, vol. 37(12), pages 5509-5518, December.
  3. Dave Liu, 2007. "Growth Theory and Application: The Case of South Africa," Working Papers 200714, University of Pretoria, Department of Economics.

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