Financial systems (i.e. banking systems and stock markets) can influence economic growth by performing the five key financial functions, namely: mobilising savings, allocating capital, easing of exchange, monitoring and exerting corporate governance, as well as ameliorating risk. The level of development of the financial system is a key determinant of how effectively and efficiently these functions are performed. This study examines the short-run and long-run relationships between financial system development and economic growth for a panel of seven African countries (namely: Egypt, Ivory Coast, Kenya, Morocco, Nigeria, South Africa and Tunisia) covering the period 1988 to 2008. While numerous empirical studies have researched this topic, none of the previous African empirical literature have investigated thjs by using three groups of financial development measures (i.e. overall financial development, banking system development and stock market development measures) as well as employing panel cointegration analyses. The investigation of the long-run finance-growth relationship is conducted using two methods; the Pedroni panel cointegration approach and the Kao panel cointegration technique. The Pedroni panel cointegracion approach is more often applied in empirical research as it has less restrictive deterministic trend assumptions, while the Kao panel cointegration technique is employed in this study for comparison purposes. Furthermore, the short-run linkages bet\veen financial development and economic growth are analysed using the Holtz-Eakin d of (1989) panel Granger causality test. The results of the Pedroni cointegration tests show that there are long-run relationships between overall financial development (measured by LOFD and OFD2) and economic growth, banking system development (measured by LPSC) and economic growth, as well as stock marker development (measured by LMCP and LVLT) and economic growth. In contrast, the Kao test fails to find any cointegration between finance and growth. However, on the balance, findings largely support a conclusion of cointegration between financial development and economic growth since the Pedroni approach is more appropriate for examining cointegration in heterogeneous panels. Estimates of these long-run cointegrating relationships show that all five financial development measures have the expected positive linkages with growth. However, only four of the five financial development measures were found to have significant long-run linkages with growth, as the relationship between LOFD and growth was not found to be significant in the long-run. The panel Granger causality results show that economic growth Granger causes banking system development in the short-run (i.e. there is demand-following finance), irrespective of the measure of banking development used. While there is bi-directional, reciprocal causality between economic growth and both of the measures of overall financial development and one measure of srock market development (i.e. LVLT). Thus, pulicy makers should focus on formulating policy which promotes faster paced economic growth so as to stimulate financial development, while at the same time encourage policy that promotes the balanced expansion of the banking systems and srock markets in ordet to augment economic growth.

Thesis (MBA)--Stellenbosch University, 2006. / ENGLISH ABSTRACT: The lack of development and growth are characteristics of the Sub-Sahara Africa (SSA) region . Globally there are huge concerns about this and there are various initiatives to address the under development and poverty in this region. The most important of these initiatives, is the United Nations' Millennium Goals. In focusing on SSA, various challenges can be highlighted that impact negatively on the business (especially the banking) environment. These challenges are spread across the whole spectrum of spheres of influences, namely from the political to the economical environment on the one side to the social and technological environment on the other side. The region is in desperate need of help with regard to their development. These challenges are unfortunately huge obstacles for prospective investors. Many of the multi national (including South African) banks have identified the region as an area where they can reap high returns on their investments, whilst maintaining and even increasing their presence. In most cases the South African banks are focusing on expanding their involvement in the region but they must realise that they will not only have to compete with the local banks but also with the bigger role players in global banking. Unfortunately the existing multi-national banks have already captured the corporate market. New entrance and expansions will have to target the SMME and large retail markets that carry more risk and will be more challenging to service due to the lack of infrastructure in especially the rural areas. Many opportunities exist for South African banks in the SSA region. The dominant features of these opportunities are the leveraging off their South African operations and building on their experience in handling change and re-engineering of the banking sector. Existing product- and service offerings can be adjusted and rolled out to the region. Creativity will play an important role in assisting in the development of the region. Partnerships with local businesses and the community can assist to mobilize the lower end of the market and capture huge un-banked population. This will generate huge transaction volumes that will spread the cost and contributes to acceptable returns on investments. The involvement of the South African banks will have implications for all the stakeholders in the region. The most important aspect is finding a balance between the needs of the different stakeholders. The benefits stemming from this will contribute towards the region's escape from the deadlock of poverty. Although there are many challenges, the opportunities of extending into the undeveloped market must be seen as outweighing it. The key to success lies in the approach of the banks toward the SSA region and their ability to be seen as partners in developing the region. / AFRIKAANSE OPSOMMING: Die gebrek aan ontwikkeling en groei is kenmerke van die Sub-Sahara Afrika (SSA) streek. Wereldwyd is daar groot besorgdheid hieroor en verskeie inisiatiewe is geloods om die onderontwikkeling en armoede aan te spreek. Die heel belangrikste hiervan is die Verenigte Nasies se Millennium Doelwitte. Die fokus op die SSA streek lig heelwat negatiewe uitdagings vir die besighede (veral die bankwese) omgewing uit. Die uitdagings strek oor die volle spektrum van die ekonomiese aktiwiteite, naamlik vanaf die politieke tot die ekonomiese omgewing aan die een kant tot by die sosiale en tegnologiese gebiede aan die ander kant. Die streek smeek vir hulp en ondersteuning in die ontwikkeling daarvan. Die voorgenoemde uitdagings is groot hindernisse vir voornemende beleggers. Baie van die multi-nasionale (insluitende die Suid Afrikaanse) banke het die streek geidentifiseer as 'n gebied waar hulle hoe opbrengste kan verdien op hul investering en waar hul teenwoordigheid behou en selfs vergroot kan word. Die meeste Suid- Afikaanse banke wil hul teenwoordigheid vergroot, maar hulle moet besef dat hulle nie net teen die plaaslike banke moet kompeteer nie, maar ook met die bekende internasionale banke. Die internasionale banke is ongelukkig reeds goed ingegrawe in die korporatiewe mark. Nuwe toetredes en uitbreidings sal op die kleinsake ondernemings en groot klein handel mark moet fokus. Die mark segmente het hoer risiko profiele en is ook uitdagend om te diens as gevolg van die gebrek aan infrastruktuur in veral die plattelandse streke. Baie geleenthede vir die Suid Afrikaanse banke bestaan in die streek. Die belangrikste hiervan is die geleentheid om te steun op hul Suid Afrikaanse aktiwiteite, asook om te steun op hul ervaring ten opsigte van hantering van verandering en die herontwerp van die prosesse in bankwese. Bestaande produkte en dienste kan aangepas en uitgerol word in die streek. Kreatiwiteit sal egter 'n groot rol speel in die ontwikkeling van die streek. Vennootskappe met plaaslike besighede en gemeenskappe sal help om die onderste deel van die mark te mobiliseer en die groot getalle kliente wat nog nie van bankdienste gebruik maak nie te bereik. Dit sal bydra tot groot transaksie volumes wat die koste per transaksie sal verminder en aanvaarbare opbrengs op belegging sal gee. Die betrokkenheid van die Suid-Alrikaanse banke sal 'n invloed he op alle belange groepe in die streek. Die belangrikste sleutel tot sukses is om 'n balans te vind tussen die behoeftes van die verskillende belange groepe. Die voordele wat hieruit spruit sal die streek help om van die wurggreep van armoede te ontsnap. Alhoewel die onderontwikkelde markte baie uitdagings het, word dit oortref deur die geleenthede wat dit bied. Die sleutel tot sukses is die aanslag van die banke en hul vermoe om gesien te word as vennote in die ontwikkeling van die streek.

Thesis (MBA)--Stellenbosch University, 2000. / ENGLISH ABSTRACT: Over the past few years considerable debate has taken place regarding the role of Local lndustrial Parks (LIPs) in stimulating the growth and development of Small, Medium and Micro Enterprises (SMMEs) in South Africa. LIPs are normally established to achieve specific development objectives, namely, job creation, sector specific support, entrepreneurship/small business promotion and the provision of affordable workspace. Through interviews with centre managersof each of the LIPs located in the Western Cape Province, and the collection of other relevant information, this document appraises the performance of UPs against those criteria. The author further postulates that the term UP has evolved from a variety of other "period-names" for facilities that provide accommodation/business premises to SMMEs, and has become the current term for defining such facilities. Given the high demand for appropriately priced business premises for SMMEs, and the decision by the Cape Metropolitan Council to actively promote the establishment of UPs as a core activity in its local economic development strategy, this document recommends what services should be provided by UPs to ensure that the services offered represent value for money, and achieve the desired goals of an UP programme. / AFRIKAANSE OPSOMMING: Die afgelope paar jaar is daar hewig gedebateer oor die rol wat Plaasklike Industriële Parke (PIP) in die stimulering van ontwikkeling en groei van Klein-, Medium- en Mikro- Besighede (KMMB) in Suid Afrika speel. PIP's word normaalweg ontwikkel om spesifieke mikpunte te behaal, naamlik werksskepping, sektor-spesifieke ondersteuning, entrepreneurship/kleinbesigheids promosie en verskaffing van bekostigbare werksareas. Deur 'n proses van onderhoude met sentrum bestuurders van elk van die PIPs geleë in die Wes-Kaap Provinsie, en die versameling van ander tersaaklike inligting, meet hierdie dokument die sukses van PIP's in die lig van bogenoemde kriteria. Die outeur postuleer verder dat die term PIP 'n uitvloeisel van ander "periode-name" van fasiliteite wat werksareas en besigheids persele aan KMMB's verskaf het, is en dat dit die huidige term is om na sulke fasiliteite te verwys. Met die hoë vraag na besigheidspersele vir KMMB's teen 'n redelike tarief, en die besluit deur die Kaapse Metropolitaanse Raad om PIP's aktief te bevorder as 'n sleutel aktiwiteit in die plaaslike ekonomiese ontwikkeling strategie, meld hierdie dokument aanbevelings in terme van dienste wat deur PIP's verskaf behoort te word om te verseker dat hierdie dienste waarde vir geld verteenwoordig, en die beoogte mikpunte van die PIP bereik.

This thesis uses the historical relationship between Venezuela and petroleum to identify areas of resource rent waste mismanagement in the Venezuelan oil sector. Low oil prices are also more strongly bringing PDVSA’s mismanagement, corruption, and politicized agenda to light because of the high social cost of these inefficiencies. This thesis also explores industry-level best practices and applies them to the distinct case of PDVSA, with the objective of aiding Venezuela in navigating its way back to solid economic ground. The current economic and humanitarian crises in Venezuela elevate the need for conversations centered on reform options. This analysis concludes that the preferred policy option should be partial privatization because it is the most politically palatable option that also brings the most solvency to PDVSA’s inefficiencies. Partial privatization will allow Venezuela to reinsert itself into international financial markets and will open the country to desperately needed foreign investments. The elimination of market-distorting subsidies, the creation of a sovereign wealth fund, and the development of a regulatory structure that promotes transparency, accountability, and participation will also be critical.

Thesis (MA)--Stellenbosch University, 2004. / ENGLISH ABSTRACT: This research assignment has investigated the overall nature of the investment climate in the People's Republic of China (PRC).The investment climate was analysed using a Political Risk Analysis (PRA) framework, whereby the PRC was scrutinised closely for its most defining socioeconomic features and, especially, for its most salient political risk factors. Based on this, the assignment evaluated this climate with specific relevance to the investment plans of the South African company SAB-Miller. Since its accession to the World Trade Organisation (WTO)in 2001, the PRC has intensified its economic restructuring process, a necessary and inevitable process, in order to comply with the terms of the WTOframework. This period of adjustment has heightened the anxiety over the strength of the Chinese economy, and the repercussions and/or opportunities for the multinational SAB-Miller.To remedy this uncertainty, this assignment has drawn up an in-depth qualitative scenario, in order to forecast the major trends of the PRC's short-term socio-political future. The main findings of the assignment indicate that a 'high-road' scenario is the most likely to occur in the PRC in the short-term. Clearly, this favourable forecast 1S dependent on the continuation of the current economic and socio-political restructuring process in the PRC. With regards to the main macro-political risks factors, the assignment draws attention to several critical areas of concern. Firstly, the lack of legitimatisation from the 'bottom-up' is a worrying feature, especially in light of the growing economic disparities between citizens and between provinces. Secondly, the financial and governmental sectors need a thorough restructuring, according to WTO criteria. Thirdly, the fragmentation of the market inside the PRe undermines the potential of the PRC government to diffuse the benefits of economic growth and to absorb the downsides of globalisation. Micro-specific risk factors for the company SAB-Miller are focussed predominantly on the speed and the depth of the implementation of the guidelines of the WTO. Especially with regards to the lowering of intra-provincial trade barriers and the efficacy of the distribution networks. Lastly, SAB-Miller should eliminate any risk factors, which may originate from inside the company's behaviour, such as the effects of its adopted labour policies. Lastly, it should maintain a clear level of transparency in their associations with governmental institutions. Throughout the assignment, these risk factors will be investigated and related to the overall political risk climate and utilised to draw conclusions concerning the potential of the investment plans of SAB-Miller. / AFRIKAANSE OPSOMMING: Hierdie werkstuk het die beleggingsklimaat van die Volksrepubliek China (VRC) ondersoek. Die beleggingssklimaat is ontleed deur gebruik te maak van 'n model vir Politieke Risiko Analise (PRA), waarby die VRC sorgvuldig onderwerp is aan 'n ondersoek van sy mees kenmerkende sosio-ekonomiese faktore en van die belangrikste risiko faktore. Hierop gebaseer, het die werkstuk ook die beleggingsklimaat ontleed met spesifieke betrekking tot die beleggingsplanne van die Suid Afrikaanse maatskappy SAB-Miller. Sedert toetreding tot die Wêreld Handelsorganisasie (WHO) in 2001, het die VRC sy transformasie proses versnel ten einde te voldoen aan die WHO se toelatingskriteria. Hierdie tydperk van aanpassing het kommer gewek oor die Chinese ekonomie asook oor die gevolge daarvan vir die maatskappy SABMiller. Om hierdie onsekerheid aan te spreek het die werkstuk 'n kwalitatiewe scenario voorgestel, ten einde die hoofpunte van die VRC se sosio-ekonomiese kort-termyn toekoms vooruit te skat. Die gevolgtrekking van hierdie werkstuk toon aan dat 'n 'high-road' scenario die waarskynlikste is gedurende die kort termyn. Dis ook duidelik dat die gunstige vooruitskattings afhanklik is van die voortsetting van die huidige sosioekonomiese transformasie proses van die VRC. Met betrekking tot die vernaamste makro-politieke risiko faktore het die werkstuk aandag gegee aan verskeie kommerwekkende aspekte. Eerstens, die gebrek aan elektorale regmatigheid van die 'grond-af, waarskynlik in die lig van die toenemende ekonomisiese verskille tussen burgers asook tussen provinsies. Tweedens, moet die finansiële- en staatssektore grondig herstruktureer word volgens die WHO riglyne. Derdens, ondermyn die fragmentasie van die mark van binne China die mag van die VRCse regering om die voordele van die ekonomiese groei gelykmatig te versprei, asook om die nadele van Globalisasie te absorbeer. Mikro-spesifieke risiko faktore vir die SAB-Miller maatskappy het hoofsaaklik gefokus op die spoed en die diepgang van die implementering van die WHO riglyne. In besonder met betrekking tot die hoë interprovinsiale handelsbelemmerings en die optimale effektiwiteit van die verspreidingskakels. Laatstens, moet SAB-Miller enige risiko faktore elimineer wat as gevolg van die maatskappy se eie gedrag kan onstaan, byvoorbeeld die maatskappy se arbeidsvoorwaardes. SAB-Miller moet ook 'n duidelike aanspreeklikheidsfunksie daarstel, in hulle betrekkinge met Chinese staatsinstellings. Deur die hele werkstuk word hierdie risiko faktore ondersoek en in verband gebring met die algemene politieke risiko klimaat, en word ook gebruik om gevolgtrekkinge te maak aangaande die potensiaal van SAB-Millerse beleggingsplanne.

Thesis (MA)--Stellenbosch University, 2001. / ENGLISH ABSTRACT: The research assignment examines pertinent factors affecting the political, economic and social landscape of the development of the People's Republic of China (PRC). Domestic conditions within the PRC are influencing its foreign policy behaviour in the international arena. The PRC's internal environment will thus determine the extent of its external presence. / AFRIKAANSE OPSOMMING: Die werkstuk bestudeer die relevante faktore wat die politieke, ekonomiese en sosiale landskap ten opsigte van die Republiek van China (PRC) se holistiese ontwikkeling beïnvloed. Omstandighede binne die Republiek beïnvloed die land se buitelandse beleidsgedrag in die internasionale arena. Dit sal dus regverdig wees om te sê dat binnelandse faktore 'n beslissende rol speel ten opsigte van hoe die land homself binne die globale arena hanteer.

Thesis (MA)--Stellenbosch University, 2001. / ENGLISH ABSTRACT: The Spatial Development Initiatives (SDIs) became the Department of Trade and Industry's (DTI) official policy in 1995/6 to accommodate problems, such as unemployment and empowerment, through sustainable development. We consequently pose the question whether the government has realised a strategic fit, i.e. whether the initial intention with the SDI strategy has consequently been achieved and, if not, what the main lessons are to fill the strategic gap? This question will be addressed in five chapters. The first chapter will provide the reader with the necessary background information on these initiatives. Before concluding (Chapter 6), the following three chapters will follow the inherent logic of the SDI strategy, i.e. economic investments are crowded in (Chapter 3) through a facilitating and mediating role of government (Chapter 4) in order to solve employment and empowerment (Chapter 5). Each realm, i.e. economic- political/institutional-and social, is evaluated on its contribution to the success of the Spatial Development Initiative. On the one hand it is difficult to say categorically whether or not there was a strategic fit, because the strategic aims were not initially written out in measurable detail. If the aim was to employ and to empower, while strengthening the institutions, we could qualitatively discern only when institutional capacity building (like in Lubombo) was a clear aim, that the resulting effect of the SDI strategy was significant. The employment and empowerment efforts may have been more disappointing than hoped for. But again this is difficult to discern because it may be too early to observe the trickle down effects. Neither is it easy to measure the many achievements that were recorded, and still then, they will probably look very relative because of the immensity of the problem. In 2001 the South African Government acknowledged that it has failed in its empowerment programme, while a Presidential Summit was convened in 1998 to search for employment solutions. Against this background and given that not more effort is made to measure the results of the efforts to create employment, has to indicate that the SDIs have not left behind an impression of having performed well in terms of their strategic aim. On the one hand this was because government strongly tended towards attracting foreign investment while paying too little attention to the subsequent needs of SMMEs. Moreover is there a need for an integrated and long-term development plan that allows rational choices to be made. Nevertheless, the fact that evaluations are commissioned and that government publicly admits a mistake could be the signs of a learning organisation, which again is the start of a positive process. / AFRIKAANSE OPSOMMING: Ruimtelike Ontwikkelings Inisiatiewe (ROI's) het die Departement Handel en Nywerheid se amptelike beleid in 1995/96 geword om probleme soos werkloosheid en swartbemagtiging deur middel van volhoubare ontwikkeling aan te spreek. Ons stel gevolglik die vraag of die regering 'n strategiese plan gehad het waarbinne die ROI inisiatief gepas het, of dit gewerk het en wat die lesse te leer is? Hierdie kwessie sal in vyf hoofstukke aangespreek word. Die eerste hoofstuk voorsien die leser van die nodige agtergrondinligting oor dergelike inisiatiewe. Die samevatting is hoofstuk ses, maar dit word deur drie ander hoofdstukke voorafgegaan: 'n logiese beoordeling van die ekonomiese determinante (hoofstuk drie), die fasiliterende rol van die regering (hoofstuk vier) en die suksesse, al dan nie, van werkskepping en bemagtiging (hoofstuk vyf). Elke tema word beoordeel in die lig van die vraag of dit bydra to die sukses van ROI's. Aan die een kant is dit moeilik te verklaar of daar 'n strategiese plan was omdat so 'n plan nie vooraf uiteengesit was nie. Indien dit die bedoeling was om werkgeleenthede te skep en om bemagtiging te bevorder, sou mens slegs na enkele inisiatiewe hoef te kyk, bv die Lubombo Plan. In so 'n geval was die suksesse tog beduidend. In die algemeen was die werkverskaffings- en bemagtigingsresultate egter teleurstellend. Dit is moontlik steeds te vroeg om 'n finale oordeel uit te spreek. Op hierdie stadium is dit geen eenvoudige taak om prestasies in die lig van die groter problematiek te meet nie. Bv in 2001 het die regering bevestig dat bemagtigingsprogramme in die lig van die presidensiele beraad van 1998, misluk het. Teen hierdie agtergrond word die indruk geskep dat die ROI's moontlik nie hul strategiese doelwitte bereik het nie. Sedertdien het die regering daarna gestrewe om buitelandse direkte investering na Suid-Afrika te lok deur middel van privatisering en klein, mikro en medium ondernemings te vestig. Die planne was moontlik meer suksesvol. Al hierdie inisiatiewe behoort in 'n enkele langtermyn ontwikkelingsplan opgeneem te word sodat rasionele keuses gemaak kan word. Dan sal daar duidelikheid wees oor die rol en plek van ROI's. Dit bestaan nog nie. Nietemin doen die regering reeds beoordelings van hulle planne met die oog om dit te hersien en die erkenning dat sekere planne nie hulle mikpunte bereik nie, is tekens daarvan dat 'n leerproses aan die orde van die dag is wat tog 'n positiewe begin was.

Thesis (MA)--University of Stellenbosch, 2002. / ENGLISH ABSTRACT: This study explores the impact China's accession to the WTO and growing economic ascendancy in the multilateral trading system is going to have on the developing world. The central problem addressed is whether China's accession and growing stature is going to be a competitive threat to the developing world or will China emerge as a collaborator to the developing world and assist in redressing the inequalities of the system. Three themes emerge and are dealt with in this study. The first addresses China as a developing nation itself and its overall position in relation to the rest of the developing world. Then China's growing economic progress and its internal developments are looked at. Finally China is evaluated as collaborator or competitor to the developing world. A descriptive and analytical approach is employed in this study. The complexity and the interplay between the multiple levels of analysis emerge in this study. In order to best address the role China is to play, China has to be set in the greater multilateral context, the regional context and then evaluated in conjunction with the internal dynamics which are unfolding. These perspectives together are of the utmost importance in determining the future role China is to play in relation to the developing world. Whether it will emerge as a collaborator or a competitor to the already marginalised developing sector of the trading system. The regional level of analysis is playing an increasingly important role in the current system as the regional units are proving more effective trading units than sole national units. Thus this study pays particular attention to the region in a case study focusing on South East Asia in relation to China. The multilateral level of analysis addressing China's role in relation to the developing world and the answer to the question of whether China is going to be collaborator or competitor to the developing world is of particular importance in the current global context. The developing world is increasingly calling for the inequalities prevalent in the system to be addressed and China's position in the current context and in relation to this current issue will play an important role. Despite the optimism surrounding China and its possible future the internal dynamics and context cannot be underestimated or neglected. The unfolding domestic developments that take place at the hands of the current leadership will playa deciding role in China's future. As China is in a transition and attempting a mix between a market-based economic system encapsulated in a socialist system it is a precarious situation that needs the careful attention of the leadership to best manage China's internal and external developments. The inclusion thus of China's internal dynamics, therefore cannot be neglected and have been included in this study. Current trends regarding China emerge and it is possible to make assumptions on the basis of these trends as to what China's future role entails. This then is looked at as to the impact these trends are going to have on the various contexts that China finds itself in and most importantly the impact that it is likely to have on the developing world. The possibilities of different impacts being played out in different time frames emerge as the most likely to manifest themselves. / AFRIKAANSE OPSOMMING: Hierdie studie ondersoek die impak wat China se aansluiting by die WHO, en sy groeiende ekonomiese mag in die multilaterale handelsisteem, op die ontwikkelende wêreld het. Die sentrale vraag wat hier aangespreek word, is of China se aansluiting by die WHO 'n bedreiging inhou vir ontwikkelende ekonomieë en of dié land, alternatiewelik, sy posisie kan gebruik om laasgenoemde ekonomieë by te staan in hul stryd teen die ongelykhede van die huidige sisteem. Drie hooftemas is hier ter sprake. Die eerste handeloor China se status as ontwikkelende land, en sy algemene posisie vis a vis ander ontwikkelende lande. Die tweede, fokus op China se ekonomiese en interne ontwikkelings, terwyl die derde tema meer lig werp op die vraag of China beskou moet word as bondgenoot of mededinger van die ontwikkelende wêreld. 'n Deskriptiewe en analitiese benadering is VIr die doeleindes van die studie aangewend. Die kompleksiteit en interaksie tussen verskillende vlakke van analise kom in die studie na vore. Om China se rol in konteks te plaas, is dit nodig om daarna te kyk vanuit 'n streeksperspektief en dit in verband te bring met interne ontwikkelinge binne dié land. Hierdie perspektiewe, tesame, is kardinaal vir 'n beter begrip van China se toekomstige rol met betrekking to ander ontwikkelende lande. 'n Streeksanalise raak toenemend belangrik in die lig van die feit dat regionale eenhede algaande meer effektief funksioneer as individuele nasionale state. In hierdie studie word daar verallig gewerp op Suid-oos Asië, waarvan China deel uitmaak. Op die multi-laterale vlak van analise is dit ook van belang om vas te stel hoe China saloptree teenoor ontwikkelende lande na sy toetredede tot die WHO. Die ontwikkelende wêreld pleit vir die regstel van strukturele ongelykhede, en China kan moontlik hier 'n deurslaggewende rol speel. Ten spyte van hoë verwagtinge aangaande China se toekomstige rol, kan die land se interne konteks en dinamika nie buite rekening gelaat word nie. Ontwikkelinge wat tans binne China plaasvind sal 'n defnitiewe impak op die land se toekoms hê. China se unieke mengsel van 'n markgerigte ekonomie, wat funksioneer binne 'n breër sosialistiese opset, sal deeglike beplanning rakende die landse binne en buitelandse sake van sy leiers verg. Om hierdie rede het die studie ook klem gelê op die interne politiek dinamiek van China. Spesifieke tendense rakende China is besig om te ontwikkel, en dit raak algaande makliker om sekere afleidings aangaande die land se toekomstige rol binne die internasionale konteks te maak. Hierdie tendense is veral van belang wanneer daar gekyk word na China se toekomstige verhoudinge met die ontwikkelende wêreld. Dit wil dus voorkom asof uiteenlopende resultate hulself gedurende verskillende tydsgrepe sal manifesteer.

Thesis (MBA)--Stellenbosch University, 2005. / Some digitised pages may appear illegible due to the condition of the original hard copy. / ENGLISH ABSTRACT: Today, the issue of poverty reduction is central to the development process. This is particularly so because developing countries and the donors that prop up many of these countries' economies have come to realize that not all impressive economic gains, where they occur in the developing countries, are translated into improvement in the people's welfare. The Bretton Woods institutions have also been under attack from an everincreasing body of research for neoliberal policies that inform their prescriptions to poor clients. It is alleged that the IMFlWorld Bank's conditionalities and austerity measures have exacerbated poverty in developing countries. The main issue in this study is whether the IMFlWorld Bank policy prescriptions to Uganda have led to economic growth and helped to pull the country out of poverty or whether they have impoverished its people even further. The other question for this research to answer is whether poverty in Uganda is on the increase or whether it is just a matter of perception. This study is based on information obtained from various books, academic journals and papers, NGO reports, government publications, electronic media reports, and IMFlWorld Bank working papers and reports. This study has been able to observe that the Bretton Woods institutions have succeeded in revitalizing Uganda's economy, although the country is yet to see sustainable economic growth. Although the privatization process was riddled with corruption, the country benefited from the reforms through efficiency gains. Similarly, people who grow only food crops have not benefited from liberalization, but those who grow cashcrops (except cotton) have generally benefited from it. The study has confirmed that some of the Bretton Woods institutions' conditionalities, e.g. retrenchment, have caused poverty among some Ugandans and cost sharing has increased the severity of poverty among Uganda's poor. The study has also confirmed that the inequality gap has widened. The income poverty that was receding between 1992 and 1997 has since 2000 made a comeback. The study also reveals that other qualitative forms of poverty e.g. powerlessness and social seclusion, are widespread in Uganda. However, the study has not found sufficient evidence to directly link the increasing poverty in Uganda to the Bretton Woods institutions' policies. Finally, it is recommended that to mitigate the effects of poverty, the release of poverty reduction funds should not be pegged on conditionality. However, conditionality should be imposed on non-essential government expenditure. / AFRIKAANSE OPSOMMING Armoedeverligting is vandag 'n kernkwessie in die ontwikkelingsproses. Hierdie waarneming is spesifiek van belang deurdat ontwikkelelende lande, en die skenkers wat sommige van hierdie ekonomieë steun, besef het dat indrukwekkende ekonomiese vooruitgang nie noodwendig tot 'n verbetering in lewens-standaarde lei nie. Die Bretton Woods instellings word al hoe meer gekritiseer oor hulle voorskriftelike neoliberale beleide. Daar word beweer dat die IMFlWêreldbank se voorwaardes en onbuigbaarheid reeds gelei het tot armoede in sommige ontwikkelende lande. Die hoof-ondersoek in hierdie studie handeloor die vraag of die IMF/ Wêreldbank-beleidsvoorskrifte Uganda aangespoor het tot ekonomiese groei en so gehelp het om die land uit armoede to help, en of dit nie dalk die landsburgers verder verarm het nie. Die tweede vraagstuk in hierdie studie is of armoede aan die toeneem is in Uganda en of dit dalk nie net 'n kwessie van persepsie is nie. Die navorsing vir hierdie werkstuk is gebaseer op verskeie boeke, akademiese joernaal-artikels en refererate, verslae van nie-winsjagende organisasie, regeringspublikasies, elektronies media verslae, en IMFlWêreldbank konsepartikels en verslae. Die studie het gevind dat die Bretton Woods instellings wel daarin geslaag het om lewe te blaas in die Ugandese ekonomie, maar dat die land steeds nie volhoubare ekonomiese groei behaal het nie. Hoewel korrupsie in die privatiseringsproses die sukses daarvan beperk het, het die land wel voordeel getrek uit vooruitgang in doeltreffendheid. Boere wat voedselgewasse plant vir plaaslike markte, het nie veel baat gevind by liberalisering nie terwyl diegene wat kontantgewasse (maar nie katoen) aangeplant het, het wel voordeel getrek uit liberalisering. Die studie het bevestig dat sommige van die Bretton Woods instellings se voorwaardes, byvoorbeeld afdankings en koste-deling, armoede veroorsaak het of die graad daarvan vererger het onder Uganda se armes. Die studie staaf ook verder dat die armoede-gaping groter geraak het. Die inkomste-armoede wat gekrimp het tussen 1992 en 1997, het sedert 2000 weer verskyn. Die studie onthulook dat ander kwalitatiewe vorms van armoede, bv. magteloosheid en sosiale uitsluiting, wydverspreid voorkom in Uganda. Die studie het egter nie genoeg bewyse gevind om die groeiende armoede direk te koppel aan die Bretton Woods instellings se beleide nie.

Thesis (MPA (School of Public Management and Planning))--University of Stellenbosch, 2006. / The focus of this research is on the analysis of Namibian land reform policy. The primary objective is to identify the prevailing values behind the land reform, formulate precise objectives that reflect the inherent values, and analyse the existing options with a view to identifying the delivery mechanism(s) most appropriate to meeting the land reform objectives and to delivering the desired outcomes in a sustainable way. Namibia inherited skewed land ownership. The land reform debate focuses mainly on the redistribution of commercial farms, which are mostly owned by whites, and the tenure reform in the communal areas. The Namibian land reform rests on a tripartite scheme: Resettlement, Affirmative Action Loan Scheme (AALS) and the Development of Communal Areas (DCA). These approaches are governed by a number of policies and laws. Land reform is a very complex and emotion-laden phenomenon with multiple dimensions, which include moral, historical, social, economic, environmental and technical aspects. The land question in Namibia is a race question. While politicians argue publicly that land reform is important to boost the economy and reduce poverty, in reality the focus is on having more black Namibians own more of Namibia’s commercial farmland. This discrepancy between public pronouncements and actual motive may be responsible for the lack of clear objectives for the land reform policy. The analysis of Namibian land reform policy will require formulation of precise objectives. Because Namibia is the driest country south of the Sahara, sustainable management of land is imperative. Finding ways of achieving a politically acceptable racial balance of commercial land ownership and sustainable utilisation of redistributed land within an optimum time span is a challenge. The formulation of Namibian land reform policy was not preceded by any attempt at prior policy analysis. An ad hoc and crisis-management approach prevailed. A policy issue analysis approach has been used in this study. It is based primarily on a literature review augmented with questionnaires and interviews with selected key stakeholders. A stratified sampling technique was applied in the selection of the key stakeholders. The three groups identified were the policy-formulation and implementation group, the commercial farmers and the emerging farmers. VISA, a multi-criteria decision analysis package, was used to analyse and compare the three land reform approaches, while PolicyMaker software was used to analyse political actors and suggest strategies that can enhance the policy’s feasibility. The literature review and questionnaires revealed that the objectives of the land reform policy include correcting the skewed ownership of commercial farmland to reflect the demography of Namibia, alleviating poverty and achieving social and economic equity for all citizens. The programme should be sociologically, economically and environmentally sustainable. Combining all these objectives as criteria for evaluation, VISA demonstrates that the affirmative action loan scheme has the greatest potential for meeting the objectives followed by resettlement and development of communal areas respectively. Using the PolicyMaker software, stakeholders were categorised into supporters, opponents and non-mobilised; opportunities and obstacles were identified and strategies devised to harness opportunities and diffuse opposition. / cmc2010