Why Isn't South Africa Growing Faster? A Comparative Approach

WPIEA2009025 Image
Price:  $18.00

Author/Editor: Luc Eyraud
Release Date: © February, 2009
ISBN : 978-1-45187-172-2
Stock #: WPIEA2009025
English
Stock Status: Available

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Description

The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow growth in South Africa.

Taxonomy

Economic development , Investment




More publications in this series: Working Papers


More publications by: Luc Eyraud