...* My Account * 0115 966 7955 ------------------------------------------------- Top of Form Bottom of Form * UK Essays * Services * Instant Price * Order Now * Essays * Dissertations * Guarantees * Contact * ECONOMICS The economics essay below has been submitted to us by a student in order to help you with your studies. ------------------------------------------------- Top of Form Bottom of Form Back to Subject Index 1. UKEssays 2. Essays 3. Economics 4. Analysis Of The Emerging Country South Africa Economics Essay Print Reference This Reddit This Tweet Analysis Of The Emerging Country South Africa Economics Essay In the following pages we will analyze the place of South Africa in International Trade. In order to do so we will analyze the background of the country, develop PESTLE analysis, look at the balance of payments as well as trade balance, examine exchange trade policy and growth rate of the economy. In conclusion we will provide forecast for country's development. Today South Africa's trade and industrial policy is moving away from a highly protected, inward looking economy towards an internationally competitive economy, capitalizing on its competitive and comparative advantages. From the period of apartheid, it has made great progress in dismantling its old economic system, which was based on import substitution, high tariffs and subsidies, anticompetitive behavior, and extensive government...
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...Number: 448851 Course: Economics 1 (ECON 1000) Topic: Essay – Semester 2 (2010) (Final Copy) Essay Topic 2: “During the 2006-2008 period COSATU called for changes to government fiscal policy citing “prospects for a more expansionary fiscal policy” (COSATU Secretariat Report to the Ninth National Congress, Sept 2006) and arguing that “[fiscal policy] is unduly focused on chasing macro-economic targets, such as low budget deficits” (COSATU General Secretary, Zwelinzima Vavi’s address to the AGM of NEHAWU Securities, Nov 2008).” Answer the following: By making reference to the compulsory readings, discuss whether you think it was advisable for the South African government to increase government spending during the 2006 and 2007 financial periods. Explain why you feel this way with reference to the information contained in the readings. Tutor: Maite (14:15 - 15:00) Due Date: 20 September 2010 No. Of Words: 1097 INRODUCTION: This essay will explore the meaning of the fiscal policy, an increase in government expenditure and how it relates to inflation and the aggregate expenditure model. It will discuss whether it was advisable for the South African government to increase government spending during the 2006 and 2007 financial periods. The mains views that will be discussed will be based on how an increase in government expenditure affects the aggregate expenditure curve, what is the result of this on the GDP gap and also its effect on the inflation rate. Economic theories prove that...
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...University of the Western Cape Faculty of Economic and Management Sciences Department of Academic Development Academic Literacy for Commerce (ALC 131) Name and Surname : Zanele Skosana Student number : 3525385 Degree registered for : B.Admin Name of Assignment : Academic essay Topic/Instruction: : Critically reflect on the article provided, and write an academic essay in which you discuss the effects of genetically modified food on South Africans and the economy Name of lecturer : Ms Lutasha Ndesi Name of tutor : Gaynor Godlo Due Date : 6 May 2015 | Marking Criteria | Mark Allocation | Mark Achieved | 1 | Presentation | 2 | | 2 | Introduction and Conclusion | 5 | | 3 | Structure ( Paragraph development: Topic, Supporting and Concluding sentences) | 8 | | 4 | Language | 20 | | 5 | Content | 50 | | 6 | Quotations | 10 | | 7 | Reference List | 5 | | | Total Mark | 100 | | Declaration 1. I know that plagiarism is wrong. Plagiarism is to use another’s work and pretend it is one’s own work. 2. Each contribution to, and quotation in this work that I have taken from the work of other people has been attributed and has been cited and referenced. 3. This submission is my own work. 4. I have not allowed, and will not allow anyone...
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...first theoretical essay is written by Crawford Young on the Third Wave of Democratization in Africa. Young is a Political Scientist, who received a PhD from Harvard and he specializes in development and politics in developing countries, particularly Africa. His works are “The Politics of Cultural Pluralism” , “Ideology and Development in Africa” , and “The Rise and Decline of the Zairian State”. In his essay, Young offers insight on Africa's experimentation on political liberalization. Young starts off by talking about the “third wave” of democratization which hit Africa in 1989 which was seen as a global dynamic. Factors such as modernization, diffusion and power politics helped shaped this transition. In Africa there were deeper structural factors which started first with the economical field. “In dramatic contrast to the aggressive assertion of economic nationalism in the 1970s, a decade peppered with sweeping indigenization programs and widespread nationalism, the 1980 Organization of African Unity Lagos Plan of Action, and the blistering critique of African development performance in the World Bank's 1981 Berg Report”(p.21). At the same time it caused a widespread debt crisis, which in term put the African states on the defensive end against public and private international investors. In the beginning of the 1989, thirty-eight out of forty-five African countries were under military/one-party regime, but 2 years later their were thirty-one African countries had...
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...This essay addresses several reasons as to why is an understanding of the history of Schooling in South Africa important for teaching and learning today. Africans have always had their own formal educational system long before the invasion of Europeans in Africa (Hlatshwayo, 1658-1988, 28). The purpose of this system was to instill societal values and behavior, it was an inclusive system because all the society was involved in the education system. In 1658 the first type of European or western cultured school was opened in the Cape, in particular for young African slaves in order to teach them about Christianity and civilization (Hlatshwayo, 1658-1988, 28). The latter was the beginning of colonialism in the South African Schooling system. Nelson...
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...RETHINKING THE (EUROPEAN) FOUNDATIONS OF SUB-SAHARAN AFRICAN REGIONAL ECONOMIC INTEGRATION: A POLITICAL ECONOMY ESSAY by Peter Draper Research area: African Economic Outlook September 2010 Working Paper No. 293 Rethinking the (European) Foundations of Sub-Saharan African Regional Economic Integration: A Political Economy Essay DEV/DOC(2010)10 2 © OECD 2010 DEVELOPMENT CENTRE WORKING PAPERS This series of working papers is intended to disseminate the Development Centre’s research findings rapidly among specialists in the field concerned. These papers are generally available in the original English or French, with a summary in the other language. Comments on this paper would be welcome and should be sent to the OECD Development Centre, 2 rue André Pascal, 75775 PARIS CEDEX 16, France; or to dev.contact@oecd.org. Documents may be downloaded from: http://www.oecd.org/dev/wp or obtained via e-mail (dev.contact@oecd.org). THE OPINIONS EXPRESSED AND ARGUMENTS EMPLOYED IN THIS DOCUMENT ARE THE SOLE RESPONSIBILITY OF THE AUTHOR AND DO NOT NECESSARILY REFLECT THOSE OF THE OECD OR OF THE GOVERNMENTS OF ITS MEMBER COUNTRIES ©OECD (2010) Applications for permission to reproduce or translate all or part of this document should be sent to rights@oecd.org CENTRE DE DÉVELOPPEMENT DOCUMENTS DE TRAVAIL Cette série de documents de travail a pour but de diffuser rapidement auprès des spécialistes dans les domaines concernés les résultats des travaux de recherche du Centre...
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...that provides the economic structure such as the changing balance of output, trade, income and employment. This is based on private ownership by means of corporations or individuals. There are many types of capitalism. This essay discusses two types of capitalism that are currently being debated in the media, State capitalism and liberal capitalism. This essay also investigates whether the South Africa is really state capitalism or are they using Major Private Sectors to socially develop the South African economy, being Neoliberal capitalism? State Capitalism VS Liberal Capitalism State capitalism is when the government takes control over the commercial economic environment. The government may own shares in a public company listed in the stock exchange, acting as a large shareholder. Another type of economic system where State capitalism would be involved is when production is owned by private companies and the state controls the credit and investment allocation. Liberal capitalism is also known as free market capitalism; it gives companies and individuals the freedom to run their own market and set their own price systems. Individuals or companies would benefit with their gains and face detriment with their errors. The government may intervene to control free trade and open competition by eliminating private Monopoly. Neoliberal Capitalism is where private sectors seek to maximise the political and economic priorities of the state. South African Government Interventions ...
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...Bibliographic Essay on African American History Introduction In the essay “On the Evolution of Scholarship in Afro- American History” the eminent historian John Hope Franklin declared “Every generation has the opportunity to write its own history, and indeed it is obliged to do so.”1 The social and political revolutions of 1960s have made fulfilling such a responsibility less daunting than ever. Invaluable references, including Darlene Clark Hine, ed. Black Women in America: An Historical Encyclopedia 2nd ed. (New York: Oxford University Press, 2004); Evelyn Brooks Higgingbotham, ed., Harvard Guide to African American History (Cambridge: Harvard University Press, 2001); Arvarh E. Strickland and Robert E. Weems, Jr., eds., The African American Experience: An Historiographical and Bibliographical Guide (Westport: Greenwood Press, 2001); and Randall M. Miller and John David Smith, eds., Dictionary of Afro- American Slavery (Westport: Greenwood Press, 1988), provide informative narratives along with expansive bibliographies. General texts covering major historical events with attention to chronology include John Hope Franklin and Alfred A. Moss, Jr., From Slavery to Freedom: A History of African Americans (Boston: McGraw Hill, 2000), considered a classic; along with Joe William Trotter, Jr., The African American 1  Experience (Boston: Houghton Mifflin, 2001); and, Darlene Clark Hine, William C. Hine, and Stanley Harrold, The...
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...Definition Essay: Final Draft Kristopher Kirkpatrick September 19, 2011 English 002 Kris Kirkpatrick Definition Essay Where would the African-American community be today if they were all still living in the south? America would not be the country that it is today if people did not immigrate here from their respective countries, or migrate here from their respective areas. Due to immigration and migration, the culture in heavily populated cities, such as Harlem, Cleveland, Chicago, and Philadelphia, has given African-Americans, and European-Americans an identity and sense of belonging in the United States. Immigration is defined as the action to come to a country of which one is not a native, usually for permanent residency. Migration is defined as the action to move from a country, place, or locality to another. Why do Economist and Politicians seem to define blacks moving from the south to the north immigration? Certain groups of people still called the action of blacks moving from one part of the country to another immigration, instead of migration, because they didn’t see African-Americans as United States citizens. Economist believes migration has turned out to be a great strategy for the poor to make their lives a little better. African-Americans have migrated to the North for better opportunities, and the economy has boomed because of them. Economist can view the Great Migration and say that it resembles immigration in many ways. When foreigners immigrated...
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...IMPLICATIONS OF 2014 ELECTIONS IN SOUTH AFRICA’S ECONOMICAL AND POLITICAL FOREIGN POLICIES (in Africa) Presented by Mwayaona Safari[jacques.safari@gmail.com], 2014 Essay Draft (Assignment 1 final) TOPIC 2014 is election year in South Africa. This carries serious implications for the country's political and economic standing overseas. DELIMITATION In order to properly orient the development of this topic, we will define our remarks on South African foreign policy and the consequences on the African continent only. DEVELOPMENT The position of South Africa is central in African politics and economics. The change of politics in South Africa could imply many economical and political changes for both the whole continent and South Africa. These upcoming elections carry within them the seeds of change. South Africa has strong trade relations with many countries in Africa and recently, has developed many programmes on the continent. Energy (electricity and oil) There are many challenges in South Africa today. One of those biggest challenges is Energy. South Africa’s economy’s growing faster and by the end of 2030 it will require twice the electricity needed today as reported by SouthAfrica.info (2012). The successful example we can take to explain our point of view is the Democratic Republic of the Congo where mass Oil resources have been discovered and which has massive electricity potentiality. Recently, South Africa has signed an agreement on the Grand Inga barrage (SouthAfrica...
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...Macionis and Plummer (2012, p. 144) defines Culture as a “the values, beliefs, behavior, practices and material objects that constitute a peoples’ way of life”, and Sociology as “the systematic study of human society” (Macionis and Plummer 2012, p.964). In light of this, Cultural sociology demands that culture and social structural forces, especially economic forces to be dissociated in order to allow a form of cultural self-governance, rather than these cultural structures to be seen as external to individuals. The following essay will discuss the frame work of cultural sociology developed by Jeffery Alexander. In order to discuss how important cultural sociology for the development of South Africa is, I will assess to what extent contemporary South Africa embodies the characteristics of a cultural society in comparison to surviving practices and traditional beliefs. Theoretical framework of cultural sociology is best described as the importance of culture being seen an independent variable. Alexander (2003), emphasizes the importance of culture shaping society instead of culture being a product of society. He puts culture first and highlights that, “To believe in the possibility of a cultural sociology is to subscribe to the idea that every action, no matter how instrumental, reflexive or coerced vis-a-vis its external environments” (Alexander 2003:12). Comparatively, “Sociology of culture” implies that institutions, irrespective of how impersonal and technocratic have an...
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...their attention focused on the African-American struggle for political, social and economic equality. However, they sharply disagreed on strategies for black social and economic progress; to better understand their opposing philosophies, it is helpful to also consider their radically different backgrounds, which influenced their world-views. W.E.B. Du Bois was born in Massachusetts, three years after the end of the Civil War. His great-grandfather had fought in the American Revolution and his family had been part of the community for generations. Du Bois learned of his African roots from his grandmother, and was given a sense of destiny from his mother, who raised him after his father left home. Du Bois was a brilliant young man, working as a correspondent for New York newspapers while still in high school, and, with the help of influential members of his community, went to Fisk University in Nashville. His years at Fisk changed his life – there Du Bois met sons and daughters of former slaves, who embodied the cultural and spiritual tradition that Du Bois had glimpsed as a child. He also encountered the White South, and saw how they were destroying the achievements of Reconstruction. He saw the suffering of rural blacks when he taught school during the summers in East Tennessee, and he saw how blacks were being terrorized at the polls. Du Bois resolved that in some way he would dedicate his life to alleviating the racial and economic oppression that he saw all around...
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...Angola has had so far; in Nigeria, Chinese Telecom companies “Huawei” has a dominating presence both in fixed and wireless services by taking more than 90% of the market share. Not only can you find commodities made in China everywhere, but Chinese companies now build the infrastructures in many African countries too. On the contrary, the presence of European multinationals is not as strong as the Chinese ones: the amount of the funds flowing from Europe to Africa has decreased from 70% to 17% since the 70s; Western Europe’s share of overall international trade with Africa has decreased from 51% to 28%, while China has taken the place and become the biggest trading partner Africa has by surpassing America in 2009. Why are European MNCs less and less preset in Africa? What are the difficulties they have encountered? Do Chinese companies have same barriers? Why do the Chinese companies find the African market less risky and more attractive compared to the European multinationals? In this essay, the questions will be answered by analyzing the different situations Chinese and European companies have. The first part will discuss about the three main reasons why European MNCs find the African market risky and less attractive. The second...
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...Rape During The Antebellum Period The first African slaves arrived in Virginia, North America in 1619. As the plantations of the antebellum south flourished, the African slave trade gained momentum. Between the 16 and 19th centuries, America had an estimated 12 million African slaves (Slavery in the United States, Junius P. Rodriguez ). Enslavement of the African Americans formally commenced in the 1630s and 1640s. By 1740, colonial America had a fully developed slavery system in place, granting slave owners an absolute and tyrannical life-and-death authority over their slaves or 'chattels' and their children (Slavery in the United States, Junius P. Rodriguez ). Stripped of any identity or rights, enslaved black men and women were considered legal non-persons, except in the event of a crime committed. Documents and research on the slave era in the antebellum south are awash with horror stories of the brutal and inhuman treatment of slaves, particularly women (Slavery in the United States, Junius P. Rodriguez). Considered 'properties' by their masters, enslaved black women endured physical and emotional abuse, torture, and sometimes even death. By the 1800s, slavery had percolated down mainly to the antebellum south. While a majority of enslaved men and women were designated as 'field servants' performing duties outside the house, a smaller percentage, particularly women were employed as domestics or 'house servants', mammies and surrogate mothers. In the absence of any security...
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...The BRICS economic success formula will continue to be imitated by aspiring economies in the developing world and particularly in Africa! The term ‘The BRICS’ was first quoted in Goldman Sachs report which was published in 2001, this term is an acronym for the emerging developing countries which are Brazil, Russia, India, China and South Africa (Wilson & Purushothaman, 2003, p. 2). In the last decade, these countries have been successful in the global economy and many developing countries across the world, predominately Africa are trying to emulate this success. The essay will show a brief overview of how successful the BRICS have become, once these reasons are established, the essay will focus on the core part of the question which is providing evidence showing how the developing world but in particular Africa are imitating the success of the BRICS. Finally the essay will finish with a conclusion which will summarise the main points which have been explained and discussed throughout the essay. The BRICS have been successful in the last decade, but forecasters believe that by 2050, the BRICs could become a very important source of new global spending and by the year 2032 Japan’s economy would become smaller that India’s and USA’s economy could shrink below China’s economy by the year 2041. If the BRICS combined their economies together, it would be larger than the G6 (Japan, United Kingdom, Germany, France, Italy, United States) by the 2039 (Wilson & Purushothaman, 2003, p....
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