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An Analysis of South Africa’s Economy Relative to Its Capital Flows

In: Submerging Markets

Author

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  • Rich Marino

Abstract

As the newest member of the BRICS, it’s only fitting that a general overview of South Africa’s economy; its economic policies, economic goals, and of course its biggest negative very high unemployment are in order. The global economic recovery is once again forcing nations like South Africa to focus more on long term policies as opposed to short term quick fixes. The long term challenge for South Africa is obviously an optimum, consistent GDP growth that includes support from larger domestic investment rates and higher domestic savings rates. An ongoing cycle of capital accumulation in relation to job creation and deepening technological advancement have been identified by the South African authorities as the stimulus required to accommodate robust GDP growth.

Suggested Citation

  • Rich Marino, 2013. "An Analysis of South Africa’s Economy Relative to Its Capital Flows," Palgrave Macmillan Books, in: Submerging Markets, chapter 9, pages 134-148, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-29650-4_9
    DOI: 10.1057/9781137296504_9
    as

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