According to the macroeconomic theory of aggregate demand, low real interest rates imply a low cost of borrowing for firms, which encourages them to increase the level of investment in the economy, and thus improve...

The WHAT-IF model was applied to Southern Africa to investigate the impact of climate change and variability on water infrastructure investment planning for the Zambezi River Basin. Zambezi water investment decisions are linked with the...

This paper assesses the economic impacts of increased variable renewable energy deployment in South Africa for both conservative and optimistic solar PV and wind cost estimates relative to a less ambitious, constrained RE deployment programme...

This paper analyses interconnection in telecommunications markets in the Southern African Development Community (SADC) region, focusing on cross-border roaming as well as international interconnection. These issues have been identified as critical for cross-border integration and...

South Africa has been facing significant challenges in meeting demands in its water and energy sectors in recent years and planning for both sectors has mostly been done separately. The City of Cape Town has...

This study analyses the performance of macroeconomic policy in South Africa in 2007–2020 and outlines challenges for policy in the coming decade. After remarkable economic growth in 1997–07, South Africa’s progress slowed dramatically in 2009...

This paper provides an overview of the structure, key functions, and characteristics of the motorcycle parts and aftermarket industries in Southern Africa in order to identify challenges to and opportunities for growth in these industries...

On 5 May 2022 join us as we launch Phase II of the SA-TIED programme with a panel discussion on the challenge of economic inclusion in South Africa and the need to implement structural reforms...

Examining the economy-wide consequences of South Africa following a similar trajectory of labour market polarization to the rest of the world requires an appropriate database for an economy-wide policy analysis framework. This paper describes how...

Countries’ economic complexity, and the associated diversification and sophistication of their exports, is a key determinant of economic growth. Understanding how South African firms learn to export more sophisticated products is, therefore, an important policy...

A key objective of many governments is to improve tax revenue mobilization. One way to achieve this is by improving tax compliance. This requires accurate knowledge of the tax gap, i.e. the difference between what...

Special economic zones (SEZs) in Africa are generally regarded as underperforming relative to their peers in the rest of the world. This study focuses on the design features of the SEZ in Africa that may...

Absent vaccines and pharmaceutical interventions, the only tool available to mitigate its demographic effects is some measure of physical distancing, to reduce contagion by breaking social and economic contacts. Policy makers must balance the positive...

This paper estimates the output cost of fighting inflation—the sacrifice ratio—for the South African economy using quarterly data spanning the period 1998Q1–2019Q3. To compute the sacrifice ratio, the structural vector autoregressive model developed by Cecchetti...

This paper presents a financial-real stock-and-flow-consistent model of the South African economy. The model dynamics build on the simple computable general equilibrium (CGE) model developed by Devarajan and Go (1998) and incorporate elements of dynamic...

The Paris Agreement calls for a reduction in global emissions to limit the global temperature increase in this century to 2oC (above preindustrial levels), while pursuing the means to limit the increase to 1.5oC. This...