• Refine Query
  • Source
  • Publication year
  • to
  • Language
  • 15
  • 1
  • 1
  • 1
  • 1
  • 1
  • 1
  • 1
  • Tagged with
  • 20
  • 20
  • 20
  • 20
  • 15
  • 14
  • 13
  • 7
  • 6
  • 6
  • 6
  • 6
  • 4
  • 4
  • 4
  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
11

A NEPAD leadership development strategy : the SADC case

Ntsike, Austeria Letholetseng 12 1900 (has links)
Dissertation (PhD)--University of Stellenbosch, 2007. / ENGLISH ABSTRACT: The overall aim of this study is to shape the future of the SADC through the New Partnerships for Africa’s Development leadership development strategy (NEPAD LDS), including a social responsiveness strategy. It proceeds from the premise that leadership development should be based on the values and interests of an institution, because these represent the institution’s position regarding the context within which it exists. This study pursued the following objectives: • To identify leadership needs in the SADC • To suggest a NEPAD-based leadership development strategy that includes a social responsiveness strategy as a response to identified SADC leadership needs The research therefore viewed the future of the SADC through leadership development. The entry point in this process was to establish the character and qualities of the SADC, considering that the continued existence of this region depends on its ability to transform all its systems in a unified pursuit of common goals. The history and natural resources of the region were thus seen to be the most visible measures of its overall health and strategic direction. The process of stakeholder identification and mapping was then pursued, with the view to help the SADC leadership to assess systematically the nature and impact of groups with which the organisation deals. Following the stakeholder analysis, information on the macro-environment of the SADC was gathered because of the impact the external environment has on the SADC. This large body of information was screened systematically. The scanning taxonomy that was developed included five areas: social, technological, environmental, economic and political (STEEP). This specialised taxonomy helped the researcher to focus on issues of greatest concern to the study. The issues that were scanned are discussed relative to their impact on SADC leadership practice. Based on the leadership challenges in the SADC thus identified, planning assumptions were developed, which are best guesses or predictions about key dimensions of the future given the leadership challenges identified. These assumptions are estimates based on the combination of estimating factors/validation points, which are portrayed in the analysis of the macro-environment of the SADC. The probability, the impact, the proximity and the maturity of these assumptions are interpreted by calculating their weighted positive or negative values. Cross-impact analysis of the validation points is used to guide the SADC decision-makers to adopt policies designed to achieve more desirable leadership futures. Here, the connections between validation points impacting on the probability of one another are illustrated. These specified relationships trace out a distinct, plausible and internally consistent future for the SADC leadership. This analysis gives rise to the identification of key validation points/drivers in the SADC from which emerge the key leadership needs of this region. Further needs that emerged were to make the NEPAD the base upon which the leadership development programme is built, and to incorporate social responsiveness strategy. Based on these key leadership needs in the SADC, it is suggested that a NEPADbased leadership development strategy, including a social responsiveness strategy, be developed and implemented. Furthermore, the NEPAD leadership development strategy (NEPAD LDS) should be based on the premise that linking leadership development with a social responsiveness strategy is critical not only for the SADC, but for the entire world, because this region is part of the global village. It is suggested that the implementation strategy should enable participants to translate the NEPAD LDS into action and to see leadership development and a social responsiveness strategy as key mechanisms for doing so. This study attempts to avoid the worn-out remedies of the past and uses a holistic approach called Common Sense Management, which entails market research, directionsetting, strategy development, implementing strategies and outcome assessment. The findings and the conclusions for this study are organised around the research questions that were the basis of motivation for this study. / AFRIKAANSE OPSOMMING: Die oorhoofse doelwit van hierdie studie is om die toekoms van die Suider- Afrikaanse Ontwikkelingsgemeenskap (SAOG) te help bepaal deur middel van die Nuwe Vennootskap vir Afrika se Ontwikkeling (algemeen bekend as NEPAD) se leiderskapsontwikkelingstrategie (LDS), insluitende 'n sosiale deelnemendheidstrategie. Dit gaan uit vanaf die veronderstelling dat leierskapsontwikkeling op die waardes en belange van 'n instelling behoort te berus, omdat hulle die instelling se posisie verteenwoordig rakende die konteks waarbinne dit bestaan. Hierdie studie het die volgende doelwitte nagevolg: • Om leierskapsbehoeftes in SAOG te identifiseer • Om 'n NEPAD-gebaseerde leierskapontwikkelingstrategie voor te stel wat 'n sosiale deelnemendheidstrategie insluit as 'n reaksie op die geïdentifiseerde SAOG leierskapsbehoeftes. Daarom betrag die navorsingstuk die toekoms van SAOG deur die bril van leierskapsontwikkeling. Die vertrekpunt in hierdie proses was om die karakter en hoedanighede van SAOG vas te stel met in agneming dat die volgehoue bestaan van hierdie streek van sy vermoë afhang om al sy stelsels in 'n verenigde nastreef van gemeenskaplike doelwitte te transformeer. Die geskiedenis en natuurlike hulpbronne van die streek is dus gesien as die mees sigbare maatreëls in sy oorhoofse gesondheid- en strategiese rigting. Die proses om belanghebbers te identifiseer en te beskryf, is vervolgens aangepak met die oog op bystand aan die SAOG se leierskap om die aard en impak van groepe waarmee die organisasie te doene het, sistematies te beoordeel. Na afloop van die belanghebbersanalise, is inligting oor SAOG se makro-omgewing versamel vanweë die impak van die eksterne omgewing op SAOG. Hierdie groot hoeveelheid inligting is sistematies verwerk. Die verwerkingsistematiek wat ontwikkel is, sluit vyf gebiede in: sosiaal, tegnologies, omgewing, ekonomies en polities (STOEP). Hierdie gespesialiseerde sistematiek het die navorser in staat gestel om op sake wat van die grootste belang vir die studie is, te konsentreer. Die aangeleenthede wat verwerk is, word bespreek in verhouding met hul impak op SAOG se leierskapspraktyke. Op grond van die leierskapsuitdagings in SAOG wat aldus geïdentifiseer is, is beplanningsaannames opgestel wat beste skattings of voorspellings verteenwoordig aangaande sleutelelemente van die toekoms, gegewe die leierskapsuitdagings wat bepaal is. Hierdie aannames word vasgestel op grond van die samestelling van faktore/geldigheidspunte wat in die analise van die makro-omgewing van SAOG voorgestel word. Die waarskynlikheid, die impak, die nabyheid en die rypheid van hierdie aannames word by wyse van die berekening van hul geweegde positiewe of negatiewe waardes geïnterpreteer. 'n Kruisimpakanalise van die geldigheidspunte word gebruik om rigting aan die SAOG besluitnemers te verskaf om hul beleidsrigtings aan te pas om 'n meer gewenste leierskapstoekoms te bewerkstellig. Hier word dan die verbinding tussen die geldigheidspunte uitgebeeld wat 'n invloed op mekaar se onderlinge waarskynlikheid uitoefen. Hierdie aangeduide verhoudings dui 'n duidelike, geloofbare en intern konsekwente toekoms vir die SAOG leierskap aan. Hierdie analise gee aanleiding tot die identifisering van sleutelgeldigheidspunte/aandrywers vir SAOG waaruit die deurslaggewende leierskapsbehoeftes van die streek na vore tree. Verdere behoeftes wat duidelik geword het, was dat NEPAD die basis behoort te verskaf waarop die leierskapsprogram gebou behoort te word, asook om 'n sosiale deelnemendheidstrategie daarby in te begryp. Op grond van hierdie sleutelleierskapsbehoeftes in SAOG, word aan die hand gedoen dat 'n NEPAD-gebaseerde leierskapsontwikkelingstrategie, insluitende 'n sosiale deelnemendheidstrategie, ontwikkel en toegepas word. Verder behoort die NEPAD leierskapontwikkelingstrategie (NEPAD LDS) op die aanname te berus dat 'n aaneenskakeling van leierskapsontwikkeling met 'n sosiale deelnemendheidstrategie krities nie slegs vir SAOG is nie, maar vir die hele wêreld, aangesien hierdie streek deel is van die wêrelddorp. Dit word aanbeveel dat die implementeringstrategie deelnemers behoort in staat te stel om die NEPAD LDS in aksie in om te skakel en om leierskapsontwikkeling en 'n sosiale deelnemendheidstrategie te beskou as sleutelmeganismes in die proses. Hierdie studie poog om die uitgediende redmiddels van die verlede te vermy en om eerder 'n holistiese benadering te gebruik, wat Gesonde Verstandbestuur genoem kan word, wat marknavorsing, rigtingbepaling, strategie-ontwikkeling, die implementering van strategieë en uitkomsgebaseerde assessering insluit. Die bevindings en die gevolgtrekkings in hierdie studie word om die navorsingsvrae gegroepeer wat as motivering vir hierdie studie gedien het.
12

An investigation into South Africa's foreign policy towards conflict resolutions in the South African Development Community (SADC) region case study : South Africa's intervention in Lesotho / Stephen Seikhuni Kgosiemang

Kgosiemang, Seikhuni Stephen January 2005 (has links)
The tragic events within the South African Development Community (SADC) countries e.g. Civil war and conflicts in the Democratic Republic of Congo (DRC), evoked a rethinking on the pivotal role assigned to the United Nations (UN) and the international community in African conflict resolution. Subsequently, there emerged clarion calls for African solutions to African conflict,. with foreign intervention only playing a complementary role. This unfolding of events put a democratic South Africa in a good stead to take this initiative in the SADC region. In this study, the nature of South Africa's involvement in conflict resolution within SADC region. is outlined. The main objective is to outline reasons which have moulded South African intervention in Lesotho, and its impacts on her perceptions about prospects for future African initiatives in the twenty first century. South Africa adopted a remarkably ambivalent foreign policy towards the region and indeed the rest of the continent. It is however, in the light of that development that a democratic South Africa became a dominant member state within SADC to enable her the capabilities of bringing African solutions (SADC in particular) to African conflicts. It is on this note that South Africa has intervened successfully towards resolving the Lesotho conflicts. South African foreign policy objective of enhancing international peace and security by maintaining efforts towards a lasting resolution of conflicts, stability and security situation in Lesotho achieved, and the general elections were ultimately held. It is however, acknowledged that South African government has made a firm commitment to developing its role as a voice for the global South. In supporting this statement, South Africa should seriously develop a reputation, culture and capacity as a patron of peace promotion which means continuing with investing political will and resources in mediation and human resources, and also engage in a concerted campaign to improve the peace-keeping ability and security mechanisms of the SADC through a commitment of technical and human resources. / (M.Soc.Sc.) North-West University, Mafikeng Campus, 2005
13

Prospects for political integration in Southern Africa

Spies, Yolanda Kemp 06 1900 (has links)
This thesis examines regional integration in Southern Africa and the evolution of SADC. Regional developments are evaluated with the yardsticks of integration theory, against the background of international regionalisation, and in terms of the region's practical record, its rhetoric and future agenda. The extent to which economic integration is progressing, is determined, after which the thesis focuses on political integration within SADC - both de Jure and de facto. Finally, developments within the region are evaluated in light of normative prerequisites for increased political integration. The thesis finds that the integration process in SADC does not fit into traditional integration theory, and concludes that successful economic integration in the region is not necessarily a prerequisite to political integration, but would facilitate it. The research finally concludes that there is evidence of embryonic political integration within SADC, which will wane or grow depending primarily on the political will of its constituents / Political Science / M.A. (Politics)
14

The macroeconomic drivers of economic growth in SADC countries

Chirwa, Themba Gilbert 03 1900 (has links)
This study empirically investigates the key macroeconomic determinants of economic growth in three Southern African Development Community countries, namely: Malawi, Zambia, and South Africa, using annual data for the period 1970-2013. The study uses the recently developed Autoregressive Distributed Lag bounds-testing approach to co-integration and error correction model. In Malawi, the study finds that investment, human capital development, and international trade are positively associated, while inflation is negatively associated with economic growth in the short run. In the long run, the results reveal that investment, human capital development, and international trade are positively and significantly associated, while population growth and inflation are negatively and significantly associated with economic growth. In Zambia, the short-run results reveal that investment and human capital development are positively and significantly associated, while government consumption, international trade, and foreign aid are negatively and significantly associated with economic growth. The long-run results reveal that investment and human capital development are positively and significantly associated, while foreign aid is negatively and significantly associated with economic growth. In South Africa, the study results show that in the short run, investment is positively and significantly associated, while population growth and government consumption are negatively and significantly associated with economic growth. In the long run, the results reveal that economic growth is positively and significantly associated with investment, human capital development, and international trade, but negatively and significantly associated with population growth, government consumption, and inflation. These results all have significant policy implications. It is recommended that Malawian authorities should focus on strategies that attract investment: in addition there is a need to improve the quality of education, encourage export diversification, reduce population growth, and ensure inflation stability. Similarly Zambian authorities should focus on creation of incentives that attract investment, provision of quality education: moreover they need to improve government effectiveness, encourage international trade and ensure the effectiveness of development aid. South African authorities are recommended to focus on policies that attract investments, the provision of quality education, and trade liberalisation: concomitantly there is also a need to reduce population growth, government consumption and inflation. / Economics / Ph.D. (Economics)
15

Prospects for political integration in Southern Africa

Spies, Yolanda Kemp 06 1900 (has links)
This thesis examines regional integration in Southern Africa and the evolution of SADC. Regional developments are evaluated with the yardsticks of integration theory, against the background of international regionalisation, and in terms of the region's practical record, its rhetoric and future agenda. The extent to which economic integration is progressing, is determined, after which the thesis focuses on political integration within SADC - both de Jure and de facto. Finally, developments within the region are evaluated in light of normative prerequisites for increased political integration. The thesis finds that the integration process in SADC does not fit into traditional integration theory, and concludes that successful economic integration in the region is not necessarily a prerequisite to political integration, but would facilitate it. The research finally concludes that there is evidence of embryonic political integration within SADC, which will wane or grow depending primarily on the political will of its constituents / Political Science / M.A. (Politics)
16

Towards a developed regional order: which way forward southern Africa?

Blaauw, Abraham Lesley January 1997 (has links)
The regionalisation of politics on a global scale, Call be seen as one of the defining features of contemporary international relations. Given this phenomenon, the tasks which confronted this thesis, was to consider the conditions and requirements necessary within the Southern African region to build an all-embracing developed regional order. The urgency with which the latter task should be undertaken, is premised on an increased realisation that the region, and indeed the continent as a whole, are becoming of lesser significance in international affairs. However, a number of impediments will have to be overcome, before the goal of a developed regional order can be achieved, which will contribute to lasting security in the region. Foremost amongst many issues, is how to employ the approaches to integration, in attempting to explain how the goal of a developed order should be achieved. A second problem which this thesis was confronted with, relates to which organisation shoulO be' considered the best vehicle, to drive the integration process forward- COMESA, SACU or SADC. The decision take SADC as the organisation to drive the integration process forward, is premised on a number of factors. Amongst many, it qualifies in geographical terms as a region, the historical linkages of the countries of the region (based on their fight against apartheid, division of labour, etc.), serves as a basis for building a sense of community. Thirdly its institutions can be developed to achieve the goal of an all-embracing regional order. Lastly and most importantly, SADC realises that regional integration will remain unattainable without the involvement of the peoples of Southern Africa. The identification of the organisation to drive the integration process forward, serves to bolster moves towards a maximalist order. However, significant changes in the structure and institutions of SADC is necessary, before it can be considered an all-embracing and developed regional order. Not suprisingly, therefore, we have witness a number of institutional changes to the SADC structures. Amongst many, the establishment of the Organ on Politics, Defence and Security , the signing of the SADC Trade Facilitation Protocol, and the commitment to democracy and a human rights culture, are most significant and will, it is hoped, provide the building-blocks for deeper integration in Southern Africa. Apart from the above, which occur between and among the states of the region, steps are underway between and among the agents of civil society to work closely with each other, to establish a regional civil society. Most notably, the establishment of a media society for Southern Africa, the calls by COSATU for a Social Charter with a regional flavour, the establishment of environmental and human rights networks, and the support for the Gay and Lesbian Movement of Zimbabwe (GALZ), represent landmarks, in the search for a developed regional order. However, the reluctance of the governments of the Southern African countries, to consult with the NGOs, before the adoption of the Organ Politics, clearly bears testimony to their present inability to take the necessary steps needed to move from a minimalist to a maximalist conception of regional organisation. The suggestion of this thesis is that the move-away from minimalism to maximalism can be facilitated by the development of a political centre-around which both governments and NGO activities can be articulated, since both are primarily concerned with the security and welfare of the Southern African region.
17

Foreign direct investment and economic growth in SADC countries: A panel data analysis

Mugowo, Onias 18 September 2017 (has links)
MCOM / Department of Economics / The study aimed to empirically examine the impact of foreign direct investment on economic growth in the Southern African Development Community countries for the period 1980-2015. The relation between foreign direct investment and economic growth has been a subject of extensive discussion in the economic literature. The debate revolves around the growth implications of foreign direct investment. The extraordinary increase in global FDI flows in the last three decades triggered an interest to investigate the growth implications of such huge amounts of cross-border capital movements. Owing to this surge in foreign direct investment flows and the effort countries are putting forth to attract it, it would seem straightforward to argue that foreign direct investment would convey net positive effects on economic growth of a host country. From a theoretical standpoint foreign direct investment has been shown to boost economic growth through technology transfer and diffusion. In light of the expected benefits of foreign direct investment, many empirical studies have been conducted on this subject matter. While the explosion of foreign direct investment flows is distinctive, the evidence accumulated on the growth effects remains mixed. Using fixed effect panel data analysis, on the overall, the findings of the study show a negative effect of FDI on economic growth in the SADC countries for the period 1980 to 2015. The findings are not in tandem with theoretical predictions from growth theorists and some empirical studies carried out on the same topic. The findings of the study imply that FDI does not seem to have an independent effect on economic growth for the panel of countries in the SADC region. This maybe because FDI flows to Africa and into the SADC countries, in particular, are channelled mainly to the extractive sector with little to no linkages with the other sectors of the host country economy. The findings of the study also show that the growth-enhancing potential of FDI is higher in middle-income countries than low-income countries in the SADC region.
18

Foreign direct investment inflows and economic growth in SADC countries : a panel data approach

Mahembe, Edmore 08 1900 (has links)
This dissertation examines the causal relationship between inward foreign direct investment (FDI) and economic growth (GDP) in SADC countries. The study investigates, within a panel data context, whether causation is short-term, long-term or both; and explores whether the causal relationship between the two variables differs according to income level. The study covered a panel of 15 SADC countries over the period 1980-2012. In order to assess whether the causal relationship between FDI inflows and economic growth is dependent on the level of income, the study divided the SADC countries into two groups, namely, the low-income and the middleincome countries. The study used the recently developed panel data analysis methods to examine this causal relationship. It adopted a three stage approach, which consists of panel unit root, panel cointegration and Granger causality to examine the dynamic causal relationship between the two variables. Panel unit root results show that both variables in the two SADC country groups were integrated of order one. Panel cointegration tests showed that the variables for low-income country group were not cointegrated, while the variables for the middle-income countries were cointegrated. Since the low-income country group panels were not cointegrated, Grangercausality tests were conducted within a VAR framework, while causality tests for the middleincome country group were conducted within an ECM framework. Panel Granger causality results for the low-income countries showed no evidence of causality in either direction. However, for the middle-income countries’ panel, there was evidence of a unidirectional causal flow from GDP to FDI in both the long- and short- run. The study concludes that the FDI-led growth hypothesis does not apply to SADC countries. The results imply that the recent high economic growth rates recorded in the SADC region, especially middle-income countries, have been attracting FDI. In other words, it is economic growth that drives FDI inflows into the SADC region, and not vice versa. These findings have profound policy implications for the SADC region at large and individual countries. / Economics / MCOM (Economics)
19

EPA negotiations between the EU and SADC/SACU grouping: partnership or asymmetry?

Van der Holst, Marieke 03 1900 (has links)
Thesis (MA (Political Science. International Studies))--University of Stellenbosch, 2009. / Europe and Africa share a long history that is characterized both by oppression and development. The relationship between the European Union (EU) and the African, Caribbean and Pacific (ACP) countries is a particularly important aspect of EU development cooperation policy. The developmental history between the EU and Africa started with the Yaoundé Conventions of 1963 and 1969, which were replaced by the Lomé Convention. Unfortunately, the favourable terms and preferential access for the ACP countries to Europe failed and the Lomé Convention was replaced by the Cotonou Partnership Agreement (CPA) in 2000. As a result of a WTO-waiver, the discriminatory non-reciprocal trade preferences, which were previously enjoyed under the Lomé Convention, continued until December 2007. The Cotonou Agreement points out that these trade preferences will be replaced by joint WTOcompatible Economic Partnership Agreements (EPAs). During the EPA negotiations, the EU preferred to negotiate on a regional basis instead of negotiating with the ACP as a whole or with individual countries. Consequently, Sub-Saharan Africa formed two negotiation groups; the Eastern and Southern Africa (ESA) EPA group and the Southern African Development Community (SADC) EPA group, represented by the five Southern African Customs Union (SACU) countries, together with Mozambique and Angola. Although Southern Africa is the region that leads the continent; from an economic perspective, the Southern African states show considerable disparities. Due to the economic differences between South Africa and the BLNS countries (Botswana, Lesotho, Namibia and Swaziland), the interests of the individual SACU countries are diverse and often contradictory, which resulted in complicated EPA negotiations. However, maintaining a favourable long-term trading relationship with the EU is of great importance to the economic and political well-being of the SADC, since the EU is the main trading partner of most African countries. By December 2007, an interim EPA (IEPA) was initialled by the BLNS countries as a result of the pressure to fall back to the unfavourable Generalized System of Preferences (GSP). Due to the bilateral Trade Development and Cooperation Agreement (TDCA) that is in force between South Africa and the EU, South Africa was not negatively influenced by the expiry of the WTO-waiver. The EPA will have a negative impact on regional integration within SADC and will promote distinction within the regional economic communities. Duty free, quota free access was offered to the BLNS countries, but the EU did not extend this offer to South Africa because of the developmental status of the country and the pre-existing TDCA. Consequently, South Africa will be required to export at higher prices and will experience increased competition within the region. The downside of the removal of import tariffs for the BLNS countries is that government revenues will decrease, which might result in income losses and will accentuate poverty. The standstill-clause of the IEPA prevents the SACU countries from diversifying economically and from developing new industries. The Most- Favoured Nation clause primarily impacts negatively on South Africa, since it prevents South Africa from negotiating freely with other countries such as Brazil and China. Furthermore, the strict intellectual property rules of the IEPA undermine access to knowledge and hereby fail to support innovation. The content of a chapter on liberalization of services, that will be included in the full EPA, is still being negotiated. Liberalization of services might lead to more foreign investments in the BLNS countries, as a result of which the quality of services will increase, leading to better education, infrastructure and more job opportunities. However, foreign companies will gain power at the expense of African governments and companies. South Africa is the main supplier of services in the BLNS countries and will therefore be confronted with economic losses when the services sector is liberalized. From an economic nationalist perspective, the EU included numerous provisions in the IEPA that were not necessary for WTO compatibility. However, the EU is aware of the importance of trade agreements for the BLNS countries and found itself in the position to do so to fulfil its own interests. By making use of the expiry date of the WTO waiver; the IEPA was initialled by the BLNS countries within a relatively short period of time. South Africa, in its own national interests, opposed the provisions of the IEPA, which has led to the negotiations deadlock. Because of the economic power and negotiating tactics of the EU and the selfinterested attitude of South Africa in this respect, regional integration is undermined and the poorest countries are once again the worst off. Although Economic Partnership Agreements have to be established, the partnership-pillar is, in my opinion, hard to find.
20

Foreign direct investment inflows and economic growth in SADC countries : a panel data approach

Mahembe, Edmore 08 1900 (has links)
This dissertation examines the causal relationship between inward foreign direct investment (FDI) and economic growth (GDP) in SADC countries. The study investigates, within a panel data context, whether causation is short-term, long-term or both; and explores whether the causal relationship between the two variables differs according to income level. The study covered a panel of 15 SADC countries over the period 1980-2012. In order to assess whether the causal relationship between FDI inflows and economic growth is dependent on the level of income, the study divided the SADC countries into two groups, namely, the low-income and the middleincome countries. The study used the recently developed panel data analysis methods to examine this causal relationship. It adopted a three stage approach, which consists of panel unit root, panel cointegration and Granger causality to examine the dynamic causal relationship between the two variables. Panel unit root results show that both variables in the two SADC country groups were integrated of order one. Panel cointegration tests showed that the variables for low-income country group were not cointegrated, while the variables for the middle-income countries were cointegrated. Since the low-income country group panels were not cointegrated, Grangercausality tests were conducted within a VAR framework, while causality tests for the middleincome country group were conducted within an ECM framework. Panel Granger causality results for the low-income countries showed no evidence of causality in either direction. However, for the middle-income countries’ panel, there was evidence of a unidirectional causal flow from GDP to FDI in both the long- and short- run. The study concludes that the FDI-led growth hypothesis does not apply to SADC countries. The results imply that the recent high economic growth rates recorded in the SADC region, especially middle-income countries, have been attracting FDI. In other words, it is economic growth that drives FDI inflows into the SADC region, and not vice versa. These findings have profound policy implications for the SADC region at large and individual countries. / Economics / M. Com. (Economics)

Page generated in 0.1094 seconds