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Nordic Development Finance Institutions (DFIs) play an important role in providing sustainable development for Africa which accordance with their mandates.  By investing in private equity Funds in Africa, investee companies have covered various sectors inAfricawhich may not only improve economic development but also increase employment. Additionally, investing in a Fund can spread risk through diversifications and help DFIs to share knowledge with Fund manager in local presence.   This study analyzes the management control systems (MCS) of DFIs’ investing in private equity Funds, wherein we mainly focus on output control and behavior control which are two types of control widely discussed in previous research and literature. Hereby we set three hypotheses based on our research and get findings to support the research questions, which are: 1.      DFIs use output control mechanism with contractual framework to secure their investment. Output control sets standards as to targets. It plays a fundamental role in the control process, as the contractual framework is short of standardized in private equity industry and Fund managers are selected strictly during screening process.   2.      DFIs use behavior control to interact with Fund managers. Behavior control means appropriate instruction and guidelines imposed as results become foreseeable during the monitoring process. It becomes a central element where DFIs have to interact with Fund managers to track the investment progress & development effect, including investment decision making.   3.      DFIs’ syndicated investment affects their control activities. Nordic DFIs’ investment strategy is making co-investment in Funds. When more parties are involved, the monitoring and control process become different compared with only one investor and it is affected by syndicated investment. While we did not deeply explore the control mechanism and process under syndication investment by either quantitative & qualitative method or case studying approach, we conclude that it does exist based on communication with interviewees.   The word “Control” looks like a bureaucratic word. However, we found that Alignment is essential in control process for each partners while behavior control helps to assure the alignment. We think that control process become less difficult when previous strict selection of trust partner is successful. We suggest that the alignment between DFIs and other investors as well as Funds should be strengthened in the control process, so that investment objectives can be well realized.   Besides Nordic DFIs, Africa also benefits from others such asChina’s “going global” strategy to encourage outward FDI. China-Africa Development Fund (CADFund) is the first Fund focused specially on large scale investment in Africa among Private Equity Funds inChina. China Development Bank (CDB) is the shareholder of CADFund, who provide resources and support to CADFund. By briefly comparing Nordic DFIs and CADFund, we found they use similar investment instruments and also similar strategies, such as investment in less developed countries inAfricato improve economic conditions, support home companies investing in Africa etc. Including an analysis on CAD as well as the comparison with Nordic DFIs not only strengthen the understanding of DFIs’ activities in Africa, but also clarify the different investment characteristics of Western and Eastern investors in Africa. We also suggest that Nordic DFIs and CADFund can share experience and knowledge to promote sustainable development for Africa. / Nordic Development Finance Institutions (DFIs) spelar en viktig roll för att skapa en hållbar utveckling för Afrika i linje med dess mandat. Genom att investera i private Equity-fonder i Afrika har investeringsföretagen täckt olika sektorer i Afrika, något som inte bara kan förbättra den ekonomiska utvecklingen, utan även öka sysselsättningen. Dessutom kan investering i fonder sprida risker genom diversifiering och hjälpa instituten för DFI att sprida kunskaper från fondförvaltare på lokal närvaro. Denna studie analyserar ledningskontrollsystemet för DFIs’ investeringar i private Equity-fonder och vi fokuserar främst på produktions- och beteendekontroll, Dessa är de två typer av styrning som allmänt diskuteras i tidigare forskning och litteratur. Härmed ställer vi upp följande tre hypoteser som är baserade på relevant forskning och slutsats för att stödja nedslående hypoteserna: 1. DFIs använder en produktionskontrollmekanism med avtalsram för att säkerställa sina investeringar. Produktionskontroll-mekanismen är en metod som sätter standard enligt målet. Denna metod fungerar som den mest grundläggande i kontrollprocessen, eftersom avtalsramarna redan är standardiserade i privata Equity-fonder och fondförvaltaren är omsorsgsfullt valda i den initiala urvalsprocessen. 2. DFIs använder kontroll av beteende för att interagera med fondförvaltare. Beteendekontroll används beroende på utfall av investesteringen, och i denna kontrollprocess verkställs lämpliga instruktioner och riktlinjer efter resultat. DFI och fondförvaltaren samarbetar här för att följa investeringsprocessen och utvecklingseffekten, däribland också att fatta investeringsbeslut. 3. DFIs' saminvesteringar i fonder kommer att påverka dess kontrollverksamhet. DFI investeringsstrategier är att göra saminvesteringar i fonder. När flera partier är inblandade blir spårande- och kontrollprocessen annorlunda jämfört med endast en investerare och detta är påverkad av sammarbetsinvesteringar. Även om vi inte gjorde en djup undersökning av kontrollmekanism och processen under sammarbetsinvestering gällande kvantitativ och kvalitativ metoder eller fältstudier. Men vi sammanfattar detta att det existerar via kommunikation med intervjuer i föreliggande studie kan vi sammanfattningsvis slå fast att styrningen via fonder påverkas av att en DFI inte ensamt investerar i en fond. Ordet "kontroll" (på svenska snarare ”styrning”) kan låta byråkratiskt, men vi kommer fram till att kontrollprocessen huvudsakligen sker i samförstånd för varje part, medan beteendekontroll underlättar samförståndet. Vi tror att kontrollprocessen blir mindre komplicerad när val av godtrogna parter lyckas. Vi föreslår ett utökat samarbete mellan DFIs och andra investerare och fonder under kontrollprocessen, så att investeringsmålen kan uppnås. Förutom investeringar från nordiska DFIer drar Afrika också fördel av andra initiativ, såsom Kinas "going global"-strategi för att uppmuntra direkta utlandsinvesteringar. Den Kinesisk-Afrikanska Utvecklingsfonden (CADFund) är den första fonden som fokuserar speciellt på strategiska investeringar, med det största antalet private Equity-fonder i Kina, medan Kinesiska utvecklingsbanken (CDB) är aktieägare till CADFund, och förser fonden med resurser och stöd. Genom en kort jämförelse av Nordic DFIs och CADfund fann vi att liknande investeringsinstrument med samma strategi används, såsom investering i mindre utvecklade länder i Afrika för att förbättra de ekonomiska villkoren, hjälpa företag från respektive hemland att investera i Afrika etc. Detta kan också stärka förståelsen för DFIs verksamhet i Afrika. Vi har valt att även analysera CADFund samt göra en jämförelse med de nordiska DFIs, vilket inte bara stärkt vår förståelse av DFIernas aktiviteter i Afrika, men också hjälpt till att förstå och klargöra skillnader mellan investerare från väst respektive öst när det gäller investeringar i Afrika. Vi föreslår även att nordiska DFIs och CADfond kan dela erfarenhet och kunskap för främjande av den hållbara utvecklingen i Afrika. / 摘  要      北欧发展金融组织构成了为非洲提供可持续发展的重要组成部分，这也符合其运作的使命。通过投资在非洲的私募股权基金，受资公司覆盖非洲的各行业，这不仅促进了当地经济的发展，而且也增加了就业机会。与此同时，投资于基金能够分散风险，并且北欧金融组织能够和当地的基金经理分享投资经验与知识。 本文分析了北欧发展金融组织投资私募股权基金采用的管理控制流程，我们重点研究产出控制和行为控制，这两种控制方法在以前的研究和文献中也被广泛提及。同时我们基于相关理论提出三种假设并得出结论来支持研究问题，它们是：   1.北欧发展金融组织采用产出控制方法及一系列合同及框架条款来保证他们的投资.    产出控制指的是一种根据目标设立标准的控制方法，它在控制控制中起着基础性的作用，因为合同条在这个行业已经基本标准化，而且它们在筛选基金经理时有严格的条件。    2.北欧发展金融组织采用行为控制方法来影响制约基金经理。     行为控制指当结果可以预知时，在控制过程中采用适当的规范和准则.当北欧发展金融组织与基金经理互动来跟踪投资进展，发展效应，以及做投资决定时，它就变得至关重要。   3.北欧发展金融组织的联合投资将会影响到他们的控制行为。      北欧发展金融组织的投资策略是与其他组织共同投资于基金。当多方参与时，跟踪和控制流程就与只有一个投资者参与时不一样，而且其受联合投资的影响。虽然我们没有用定性和定量的方法甚至案例来深入研究在联合投资下的控制机制和流程，但是根据多方面的采访我们认为这个影响确实存在。       “控制”一词虽然听起来官僚，但是我们发现在控制流程中各方的精诚合作至关重要，同时行为控制也能加强这种合作。在这种情况下，我们认为在前期选择好合作伙伴后控制流程就变得相对简单。我们的建议是北欧发展金融组织和其他投资者以及其与基金的合作应该加强，从而实现更好的投资目标。       除了北欧发展金融组织外，非洲也受益于中国的“走出去”对外投资战略。中非发展基金是第一只也是中国最大的专注于非洲投资的私募股权基金。国家开发银行（国开行）是中非发展基金的股东,它可以为该基金提供项目资源与支持。通过对北欧发展金融组织和中非发展基金的简单对比，我们发现他们采用类似的投资工具和策略, 比如投资于非洲的不发达国家来改变当地的经济状况,支持本国企业在非洲投资等.这也将加强读者对北欧发展金融组织在非洲的认识。我们同时也建议北欧发展金融组织和中非发展基金之间能交流投资经验和知识来更好地推动非洲的可持续发展。

This dissertation presents research on three topics relating to how education is linked to economic development in China. The data are obtained from the 2003, 2005, 2006 and 2013 Chinese General Social Survey (CGSS). The first essay examines the consequences of the Cultural Revolution. Using the 2003 and 2006 CGSS, the research is able to identify participants in a specific initiative, the “up to the mountains and down to the villages” movement (referred to as the Sentdown Campaign) and the length of time that they were involved in the initiative. The econometric results--including OLS, Heckit and 2SLS methods--provide evidence of substantial negative and long-lasting effects of the Cultural Revolution on education, labor force participation and personal income. Those who were involved in the Sentdown Campaign were found to be able to recoup some of these losses through the accumulation of education after they came back from rural areas, but these were generally not enough to compensate for the overall disruptions the Cultural Revolution caused on them. Furthermore, those who were sent down and stayed for more than five years in the countryside were not able to recuperate any lost years of schooling and, instead, suffered bigger losses in income than any of the other groups discussed in this essay. The second essay examines the attitudes of urban Chinese citizens towards migrants, as obtained using survey data from the 2005 CGSS. Estimating probit equations of the likelihood that the respondents in the sample had positive attitudes towards migrants, the research shows the connections between a range of explanatory variables and these attitudes. Educational attainment is not found to reduce negative attitudes towards migrants, a result that is different from the literature on the determinants of attitudes towards immigrants in recipient countries. The research also finds that as migrant presence grows in workplaces and neighborhoods, urban residents actually become more positive in their attitudes towards migrants. Gender is also found to have a significant impact on attitudes towards migrants. Men tend to have much more positive attitudes towards migrants, perhaps because social conventions frown against urban women having friendships with migrant men, or because the marriage market in urban China favors urban men marrying rural women. The third essay examines the role played by human capital in accounting for income growth in China between 2003 and 2013. An Oaxaca-Blinder decomposition of the growth in individual hourly income shows that the overall role played by human capital on income growth in China during this decade is significant for men but not for women. For men, human capital accounts for 0.1796 in log-income change between 2003 and 2013, which given the total log-income change in this time period for men was 0.9160, represents close to 20 percent of the growth in income in the country. For women, the impact is small and actually negative, equal to -0.0433 out of the 0.8435 increase in log-income during the decade, a result that is mostly the outcome of declining rates of return to education among females.

Many organisms, especially animals like insects, which depend on the environment for body heat, have growth stages and life cycles that are highly dependent on temperature. To better understand and model how insect life history events progress, for example in the emergence and initial growth of the biogeographical research subjects, we must first understand he relationship between temperature, heat accumulation, and subsequent development. The measure of the integration of heat over time, usually referred to as degree-days, is a widely used science-based method of forecasting, that quantifies heat accumulation based on measured ambient temperature. Some popular methods for calculation of degreedays are the traditional sinusoidal method and the average method. The average method uses only the average of the daily maximum and minimum temperature, and has the advantage that it is very easy to use. However, this simplest method can underestimate the amount of degree-day accumulation that is occurring in the environment of interest, and thus has a greater potential to reduce the accuracy of forecasting insect pest emergence. The sinusoidal method was popularized by Allen (1976, [1]), and gives a better approximation to the actual accumulation of degree-days. Both of these degree-day accumulators are independent of typical heating and cooling patterns during a typical day cycle. To address possible non-symmetrical effect, it was deemed prudent to construct degree-day accumulators to take into account phenomena like sunrise, sunset, and solar noon. Consideration of these temporal factors eliminated the assumption that heating and cooling in a typical day during the growth season is symmetric. In some tested cases, these newer degree-day integrators are more accurate than the traditional sinusoidal method, and in all tested cases, these integrators are more accurate than the average method. After developing the newer degree-day accumulators, we chose to investigate use of a logistic phenology model similar to one used by Onsager and Kemp (1986, [54]) when studying grasshopper development. One reason for studying this model is that it has parameters that are important when considering pest management tactics, such as the required degree-day accumulations needed for insects in immature stages (instars) to be completed, as well as a parameter related to the variability of the grasshopper population. Onsager and Kemp used a nonlinear regression algorithm to find parameters for the model. I constructed a simplex algorithm and studied the effectiveness when searching for parameters for a multi-stage insect population model. While investigating the simplex algorithm, it was found that initial values of parameters for constructing the simplex played a crucial role in obtaining realistic and biologically meaningful parameters from the nonlinear regression. Also, while analyzing this downhill simplex method for finding parameters, it was found there is the potential for the simplex to get trapped in many local minima, and thus produce extraneous or incorrectly fitted parameter estimates, although Onsager and Kemp did not mention this problem. In tests of my methods of fitting, I used an example of daily weather data from Onefour, AB, with a development threshold of 12 ±C and a biofix day of April 1st, as an example. The method could be applied to larger, more extensive datasets that include grasshopper population data on numbers per stage, by date, linked to degree accumulations based on the non-symmetrical method, to determine whether it would offer significant improvement in forecasting accuracy of spring insect pest events, over the long term. / xii, 106 leaves ; 29 cm

Copper is the mainstay of the Zambian economy. From the inception of mining activities in the 1920s, it has accounted for the majority of the country‟s exports and foreign earnings. However, most people are of the view that its contribution to development programmes is disproportionate, well below their expectations. They attribute the contemporary failure to copper price volatility, international market forces, ownership, government ineptitude and the consequences of neoliberalism. Given the large expense involved in establishing and running copper mines, the country depends heavily on foreign capital. A big proportion of the copper that is mined in Zambia is sold in an unprocessed state denying the country additional revenue. This study assesses both the role of copper mining in the economic history of Zambia and its role in contemporary development as perceived and understood by current university-educated job market entrants on the Zambian Copperbelt, their educators and other commentators with work experience in the sector. / Theses (M.Dev.Studies)--University of KwaZulu-Natal, Durban, 2014.

Tourism is one of the largest industries in the world. Since the 1980s the role of tourism as a means of achieving the objectives of economic development has received prominence within the sustainable development paradigm. This dissertation examines the role of international tourism in achieving the objectives of economic development in terms of its impact on key social and economic variables, such as the balance of payments, inflation, employment and the social fabric of host communities. It also examines the constraints facing international tourism, such as the effect of perceptions on tourism flows and the powerful position of multinationals in influencing the tourist decision-making process. The success of the international tourism industry in selected countries is assessed and the relative position of the South African tourist offering is highlighted in an attempt to draw lessons for the future development of the industry in South Africa. / Economics / M. A. (Economics)

Thesis (PhD (Curriculum Studies))--University of Stellenbosch, 2010. / ENGLISH ABSTRACT: While nongovernmental organizations (NGOs) have existed for several hundred years, their recent surge was largely fueled by several key factors. Firstly, government corruption caused donor agencies to see NGOs as safer investments for their aid portfolios. Secondly, the end of the Cold War fostered growth in development in former Soviet satellite nations. Thirdly, the United Nation‘s (UN) establishment of the Millennium Development Goals galvanized the globe to address indicators critical to combating extreme poverty. Vast amounts of charitable capital combined with donors‘ increasing expectations of performance to spark serious interest in the topics of NGO efficiency, accountability and effectiveness. These topics are foundational to NGO mission accomplishment and have contributed to a global expansion of academic programs in NGO management. The examination of a forerunner of NGO management education helped address the void of scholarship concerning NGO-related academic program effectiveness. The economic development program at Eastern University (US) was created in 1984 as one of the world‘s first MBA programs designed to train entrepreneurs for service to distressed communities. The program quickly grew to over one hundred students and then foundered due to frequent personnel transition, curricular change, mission drift and a lack of investment in relational marketing and outreach. This prompted an administrative intervention in 2002. In 2007, five years into the economic development program‘s reinvention process, a qualitative evaluation determined whether all the essential elements of the program were in place and operating in accordance with the plans put forth in 2002. The knowledge generated by this research will strengthen institutions that serve NGOs and extend the abilities of NGO leaders to fulfill their missions. The following specific aims were established and achieved. Firstly, an analysis of the factors contributing to the management challenges facing the leaders of international NGOs was presented. Secondly, a qualitative evaluation of an international graduate economic development program for NGO leaders using archival analysis verified through iv interviews and focus groups assessed the effectiveness of the 2002 intervention in achieving planned objectives. Thirdly, the research also generated conclusions and recommendations on theoretical, practical and policy-related issues, particularly regarding matters of academic program leadership, curricular development, planning, evaluation, marketing and the distinctive requirements of international programs containing distance delivery components. Fourthly, the research enriched the scholarly conversation in the NGO and academic communities in substantive ways, including two presentations at international conferences and publication in a peer-reviewed journal. Theoretical, practical and policy conclusions were generated as research outcomes and included a theoretical framework for the implementation and evaluation of an international graduate economic development MBA for NGO leaders. The conclusions generated four recommendations for the host institution and others with similar missions and aspirations. The recommendations stated that these kinds of programs should: commit to the discipline of multi-year planning and evaluation, appoint well-qualified faculty to lead them, implement and resource relationship-based marketing plans that engage program alumni, and excel at delivering cross-cultural, highly accessible learning / AFRIKAANSE OPSOMMING: Nieregeringsorganisasies (NRO‘s) bestaan al vir baie honderde jare. In die onlangse verlede is die belangrikheid en groei daarvan deur verskeie faktore aangevuur. Ten eerste het skenkerorganisasies nieregeringsorganisasies toenemend begin beskou as veiliger beleggers vir hulle hulpfondse as die toenemende korrupsie van regerings. Tweedens het die einde van die Koue Oorlog die groei en ontwikkeling van vorige Sowjet- satellietstate gestimuleer. Derdens het die Verenigde Volkeorganisasie (VVO) met die daarstelling van die milleniumontwikkelingsdoelstellings die wêreld saamgesnoer in hulle pogings om armoede te beveg. Groot bedrae welsynskapitaal en die daarmee gepaardgaande hoër prestasieverwagtinge van skenkers het daartoe bygedra dat daar groter belangstelling was in die effektiwiteit, doeltreffendheid en toerekenbaarheid van nieregeringsorganisasies. Laasgenoemde drie temas is fundamenteel tot die uitlewing van nieregeringsorganisasies se missies en dit het daartoe bygedra dat daar ‘n wêreldwye toename in akademiese programme oor die leierskap en bestuur van nieregeringsorganisasies was. Navorsing oor een van die pioniers op die gebied van leierskap en bestuursopleiding vir nie-regeringsorganisasies het daartoe bygedra om hierdie leemte in die akademieskap van nie-regeringsorganisasies se programeffektiwiteit te oorbrug. Die ekonomiese ontwikkelings-program aan die Eastern University in die VSA is in 1984 as een van die wêreld se eerste MBA-programme wat ontwerp is om entrepreneurs vir dienslewering aan benadeelde gemeenskappe op te lei, in die lewe geroep. Die program was baie gewild en het vinnig gegroei en gou was daar meer as ‘n honderd ingeskrewe studente. As gevolg van verskeie faktore, waaronder gereelde personeel- en leierskapwisseling, kurrikulumwysigings, missieverskuiwing (mission drift) en onvoldoende investering in bemarking en uitreikprogramme, het die program se gewildheid afgeneem. Hierdie afname in die gewildheid van die program het inmenging/intervensie deur die universiteitsbestuur in 2002 genoodsaak. In 2007,vyf jaar nadat die universiteitsbestuur die intervensie geïnisieer het, is deur middel van ‘n kwalitatiewe evaluering vasgestel of al die noodsaaklike elemente van die program toegepas is volgens die intervensieprogram wat in 2002 geïnisieer is. Die kennis wat deur hierdie navorsing gegenereer is, sal vi universiteite en instellings wat nieregeringsorganisasies ondersteun, versterk en die leiers van nieregeringsorganisasies in staat stel om hulle missies uit te leef. Verskeie doelstellings is met die navorsing nagestreef en bereik. Eerstens is die faktore wat bydra tot die uitdagings vir die leierskap van internasionale nieregeringsorganisasies geanaliseer en aangebied. Tweedens is ‘n kwalitatiewe evaluering van ‘n internasionale nagraadse ekonomiese ontwikkelingsprogram uitgevoer. Argivale materiaal is geanaliseer en, gerugsteun deur inligting wat verkry is uit onderhoude en fokusgroepe, is die effektiwiteit van die 2002-intervensie bepaal. Derdens is teoretiese, praktiese en beleidsgevolgtrekkings en aanbevelings gegenereer. Hierdie gevolgtrekkings en aanbevelings is veral toegespits op leierskap vir akademiese programme, kurrikulumontwikkeling, beplanning, evaluering, bemarking en die eiesoortige eise wat afstandsonderrigprogramme stel. Vierdens het die navorsing die akademiese gesprek en die akademiese en nieregeringsorganisasies op verskeie betekenisvolle maniere verryk. Onder andere is twee aanbiedinge by internasionale konferensies gedoen en is ‘n artikel in ‘n eweknie-beoordeelde tydskrif gepubliseer. Teoretiese, praktiese en beleidsgevolgtrekkings is daargestel en dit sluit onder andere ‘n teoretiese raamwerk vir die implementering en evaluering van ‘n internasionale MBA- nagraadse ekonomiese ontwikkelingsprogram vir leiers van nieregeringsorganisasies in. Die gevolgtrekkings het gelei tot vier aanbevelings vir die gasheerinstelling en ander instellings met soortgelyke missies en aspirasies. Die aanbevelings sluit onder andere in dat instellings wat soortgelyke programme aanbied, hulle moet verbind tot multijaarbeplanning en -evaluering, dat hulle bekwame akademici as leiers moet aanstel, dat hulle brongebaseerde bemarkingsplanne moet implementeer en dat hulle akademiese personeel moet aanstel wat besonder goed toegerus is in die aanbieding van kruiskulturele toeganklike leerprogramme.

Thesis (MEd)--Stellenbosch University, 2012. / Includes bibliography / ENGLISH ABSTRACT: In this thesis I investigate whether the South African government’s Growth and Development Frameworks (GDFs) are aligned with the learning outcomes of the Further Education and Training (FET) Economics curriculum as presented through the National Curriculum Statement (NCS). Central to the GDFs is the cultivation of social justice, more specifically the eradication of inequalities and the establishment of employment opportunities for all the country’s citizens. Also, the government hopes to achieve social justice through the cultivation of democratic relations amongst people that will hopefully contribute towards economic development in society, more specifically local economic development (LED). Similarly, the four learning outcomes, namely macroeconomics, microeconomics, economic pursuit and contemporary economic issues, emphasise the importance of people contributing towards social justice in their communities. The learning outcomes hope to achieve this by inculcating in learners an affinity for democratic action and the acquisition of economics skills, values, knowledge and attitudes that can engender LED. Consequently, the learning outcomes can be said to be aligned with the GDFs on the basis that the common theme that seems to drive both aspects is social justice through democratic action and economic development. Finally, the alignment between the GDFs and learning outcomes has the effect that teaching and learning will and should be more deliberative, engaging and ‘free’ – a matter of people exercising their capabilities towards the attainment of human freedoms such as equality, solidarity and the exercise of their rights. / AFRIKAANSE OPSOMMING: In hierdie tesis ondersoek ek of daar ‘n verbintenis is tussen die Suid-Afrikaanse regering se Groei en Ontwikkelingsraamwerke (GOR’e) en die leeruitkomste van die Verdere Onderwys en Opleiding (VOO) Ekonomie-kurrikulum soos wat dit in die Nationale Kurrikulumverklaring (NKV) voorgestel word. Sentraal tot die GOR’e is die kultivering van sosiale geregtigheid, meer spesifiek die verwydering van ongelykhede en die skepping van werksgeleenthede vir alle landsburgers. Die regering beoog juis om sosiale geregtigheid te verwesenlik deur die kultivering van demokratiese verhoudinge tussen mense wat hopelik ‘n bydrae kan lewer tot ekonomiese onwikkeling in die samelewing, veral plaaslike ekonomiese onwikkeling (PEO). Terselfdertyd word daar deur die vier leeruitkomstes, naamlik makroekonomie, mikroekonomie, ekonomiese vooruitgang en huidige ekonomiese aangeleenthede, die belangrikheid van mense se bydraes tot sosiale geregtigheid in hulle gemeenskappe beklemtoon. Die leeruitkomstes hoop om laasgenoemde te bereik deurdat in leerders ‘n aangetrokkenheid tot demokratiese aksie en Ekonomie-vaardighede, -waardes, -kennis en -houdings gekweek word wat PEO kan bevorder. Gevolglik kan voorgehou word dat die leeruitkomste met die GOR’e vereenselwig kan word op grond van die gemeenskaplike tema van sosiale geregtigheid deur demokratiese aksie en ekonomiese ontwikkeling wat blykbaar beide aspekte dryf. Laastens, die verwantskap tussen die GOR’e en leeruitkomste het die effek dat onderrig en leer meer beraadslagend, interkatief en ‘vry’ behoort te wees – ‘n geval van mense wat hulle vaardighede uitoefen om menslike vryhede soos gelykheid, solidariteit en die uitoefening van hulle regte te bekom.

Tourism is one of the largest industries in the world. Since the 1980s the role of tourism as a means of achieving the objectives of economic development has received prominence within the sustainable development paradigm. This dissertation examines the role of international tourism in achieving the objectives of economic development in terms of its impact on key social and economic variables, such as the balance of payments, inflation, employment and the social fabric of host communities. It also examines the constraints facing international tourism, such as the effect of perceptions on tourism flows and the powerful position of multinationals in influencing the tourist decision-making process. The success of the international tourism industry in selected countries is assessed and the relative position of the South African tourist offering is highlighted in an attempt to draw lessons for the future development of the industry in South Africa. / Economics / M. A. (Economics)

Submitted in fulfillment of the requirements of (the qualification as per the PG2 form), Human Resource Management, Durban, University of Technology, Durban, South Africa, 2017. / This study evaluated the effect of government expenditure on education attainment in South Africa by assessing the effect of the amount spent by government on education from 1980 to 2014 on human capital development. The study is centred around two objectives: (1) to analyse the effect of government expenditure on education attainment; and (2) to investigate the effect of education attainment on human development. Human capital development was measured using Gross Enrolment Ratio for secondary school, supplied by the South African Reserve Bank. Data on government expenditure on human capital was acquired from the Treasury database. The study draws from the human capital theoretical framework in explaining the effect of education expenditure on human capital development. The findings of the study showed that there is a positive relationship between human capital development and government expenditure. These findings showed a strong relationship between government expenditure and gross enrolment ratio at 99 % confidence interval (p< 0,0001). The theory of human capital is thus confirmed with these findings. / M