Titlebook: Business Cycles and Structural Change in South Africa; An Integrated View Willem H. Boshoff Book 2020 Springer Nature Switzerland AG 2020 S

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https://doi.org/10.1007/978-981-4585-81-1he volume helps us, in particular, to understand business cycle developments in South Africa in the post-financial crisis era, by challenging persistent narratives that characterize the South African macroeconomic policy discourse. These include arguments related to irrationally negative business se

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What Do We Know About the South African Business Cycle?cles identified by the South African Reserve Bank (SARB) as an empirical starting point. Following the established nomenclature of the international literature—we summarize key trends and conclusions in this literature along three lines: firstly, studies aimed at identifying and describing key prope

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The South African Economy in the Twentieth Centurymy during the early decades, financial services and other tertiary sector industries were the biggest contributors to production by the end of the period. These processes of industrialisation and modernisation would make South Africa, by the beginning of the twenty-first century, one of the richest

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Business Cycle Recoveries: AComparative Viewcles of other countries, whether advanced or emerging. South African cycles, quite different from especially US cycles, do not exhibit a distinct high-growth phase during recovery, which is defined as the first stage of an expansion. Using alternative recovery identification methods, we find that So

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The Role of Institutional Structure in Mediating the Impact of the Financial Crisis on the South Afrat mitigate external shocks. We develop an analytical framework to study the transmission mechanisms of a global crisis to an individual economy and then analyse how the South African economy was affected by the Lehman crisis. We consider both pure economic aspects, such as trade, employment, and fi