n South African Journal of Economic and Management Sciences - Do international economic developments affect the South African economy? : economic
|Article Title||Do international economic developments affect the South African economy? : economic|
|© Publisher:||University of Pretoria|
|Journal||South African Journal of Economic and Management Sciences|
|Publication Date||Mar 2006|
|Pages||128 - 148|
|Keyword(s)||F41 and F43|
ISI Social Science
Globalisation has opened economies more, exposing them to more international shocks and increasing the challenges to which domestic economic policies must respond. This paper provides a starting point for the analysis of the impact of international economic developments on the South African economy by means of graphical illustrations, correlations coefficients and in some cases a VAR analysis. Although this paper has shed some light on the importance of international economic developments on the South African economy, more rigorous econometric investigation is needed to validate the arguments and to address many of the unresolved questions.
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