South Africa experienced a momentous change of government from the Apartheid regime to its first democratic government in 1994. This book provides an up-to-date and comprehensive assessment of South Africa's economic policies and performance under democracy. The book includes a stand-alone introduction and economic overview, as well as chapters on growth, monetary and exchange rate policy and fiscal policy, on capital flows and trade policy, on investment and industrial and competition policy, on the effect of AIDs in the macroeconomy, and on unemployment, education and inequality and poverty. Each chapter, and the overview chapter in particular, also addresses prospects for the future.2003: Investment allowance increases to R1 billion for investment outside Africa. ... 2007: Ownership threshold for FDI outside of Africa is reduced to 25 per cent. 2008: Approval process for FDI is removed for company transactions amounting to less than R50 million per year. ... Bank, Exchange Control Manual alt;www. reservebank. co.zaagt; Direct investment Portfolio investment Otherinvestment Note : Directanbsp;...
|Title||:||South African Economic Policy under Democracy|
|Author||:||Janine Aron, Brian Kahn, Geeta Kingdon|
|Publisher||:||OUP Oxford - 2009-03-19|