South Africa: Selected Economic Issues

July 18, 1996

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South Africa: Selected Economic Issues, (USA: International Monetary Fund, 1996) accessed December 23, 2024

Summary

This Selected Economic Issues paper examines economic development in South Africa during 1995–96. The paper highlights that in 1995, the economy of South Africa grew by 3.3 percent, the third consecutive year of economic growth, and it is expected to grow between 3½ and 4 percent in 1996. Some aspects of the unemployment problem are addressed in this paper. The paper also focuses on the implications for policy of the steps taken in 1994 and 1995 to establish an outward-oriented economy, after many years of effective autarky.

Subject: Economic sectors, Environment, Imports, International trade, Mining sector, National accounts, Non-renewable resources, Private savings, Tariffs, Taxes

Keywords: Africa, CR, EU competition, EU foreign ministers, EU market duty-free, GDP, Global, Global bond, Government, Government saving, Imports, ISCR, Mining sector, Non-renewable resources, Private savings, Rand, Saving, Southern Africa, Tariffs, Trade

Publication Details

Pages:

178
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/064
Stock No:

1ZAFEA0011996
ISBN:

9781451840926
ISSN:

1934-7685

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