Employment and Income Distribution Experiences of Minerals Exporters and of Countries Achieving Growth Acceleration: Executive Summary
by BERRY, A. , 2006Research Report, Employment Growth & Development Initiative, Human Sciences Research Council
Many but not all minerals-dependent countries have performed badly in spite of the apparent advantage such an endowment gives them. Various institutional weaknesses have been identified in cross-country analyses as contributors to this outcome. Indonesia and Chile have been able to avoid such negative impacts on growth. Indonesia, which invested much oil revenue in smallholder…
read more >>Exchange Rate and Employment: The Experience of Fast-Growing Economies
by NGANDU, S., 2005Research Report, Employment Growth & Development Initiative, Human Sciences Research Council
This paper forms part of an Human Sciences Research Council project on exchange rates and employment, which seeks to understand the impact of exchange rate fluctuations on employment in South Africa. Ngandu examines the exchange rate policies of countries that achieved rapid, labour-absorbing growth. While exchange rates are only one instrument in an employment and…
read more >>A Review of Labour Markets in South Africa: how Different is the South African Labour Market? International Perspectives and Parallels
by EDGREN, G., 2005Research Report, Employment Growth & Development Initiative, Human Sciences Research Council
Half a century of apartheid left a deep imprint on all aspects of the South African labour market. In many ways, this leaves the country as a ‘special case’ in the field of labour market analysis, with large gaps in human development, significant underutilisation of the labour force, and difficult tensions in industrial relations. But…
read more >>What Theory and International Experience Suggest about the Role of Manufacturing in Good Employment Growth for South Africa
by BERRY, A. , 2006Research Report, Employment Growth & Development Initiative, Human Sciences Research Council
Although econometric evidence is not very strong, there seems no reason to doubt that parts of the manufacturing sector have been drivers of growth in many countries. Much microeconomic evidence attests to technological progress within manufacturing and a considerable spillover to other sectors. This spillover may be direct (manufacturing produces machinery and equipment that raise…
read more >>Emerging Markets and the Global Recession
by HAWKINS, T., 2009Research Report. Centre for Poverty Employment and Growth, Human Sciences Research Council
This paper was prepared as part of a series on the economic and employment impacts on SA of the 2008 global financial crisis. Hawkins discusses the historical experience of financial crises, whether local or global. He then considers the impact on emerging markets, and particularly in relation to national and corporate strategies.
read more >>The Impact of the Crisis on Semi-Industrialised Countries
by WILLIAMSON, J., 2009Research Report. Centre for Poverty Employment and Growth, Human Sciences Research Council
Williamson considers the channels through which the global financial crisis affects the real economy. There are two basic mechanisms through which a recession can be transmitted to a country from abroad. One is through trade or some other form of current account receipts. The second is through the financial markets. Other forms of transmission are…
read more >>International Policy Response of Developing Countries to the Global Economic Crisis
by JOFFE, H. & GENESIS ANALYTICS, 2009Research Report. Centre for Poverty Employment and Growth, Human Sciences Research Council
“The impact of the 2008 financial crisis on emerging markets like South Africa has been quite different from its impact on developed economies, and so too have been the responses to the crisis. This paper presents an overview of the policy responses employed to counter the effects of the crisis in Brazil, Malaysia, Mexico and…
read more >>Growth, Employment and Distribution Impacts of Minerals Dependency: Four Case Studies
by BERRY, A. , 2008South African Journal of Economics Vol. 76:S2 August 2008
Cross-country evidence on the direct and indirect impacts of minerals dependency on growth suggests that the typical effect may be negative. The impact on employment and income distribution is even more likely to be adverse, since many minerals generate few jobs directly and may destroy more indirectly. Thus, countries heavily endowed with exportable natural resources…
read more >>Taking Off Into Sustained, Equitable Growth:Lessons From Successes And Failures
by BERRY.A,Monograph. Centre for Poverty Employment and Growth, HSRC.
Berry offers an extensive set of case studies of economies that achieved sustained high growth. Chapter 1 discusses issues surrounding growth acceleration and current challenge for underperforming developing countries and the empirical record: evidence from countries that have accelerated to high sustained growth. Chapter 2 discusses the experience of Singapore and development strategy/policy prior to…
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