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  • 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.
31

Management of street traders to boost the local economy in King William's Town (Buffalo City Municipality)

Hlope, Sithabiso Patrick January 2016 (has links)
This study deals with the management of street traders to boost the local economy of King William‟s Town. The purpose of the study is to conduct the research on how street traders can be managed to boost the local economy of King William‟s Town. The intention is to research the challenges they have and how to improve them. To be able to conduct the study, the researcher deemed it necessary to study existing literature on Local Economic Development. The way street traders are managed presently has been investigated and analysed in order to develop recommendations for solving the challenges facing street trading in King William‟s Town. The researcher conducted interviews in the form of face-to-face discussions and scheduled interviews with street traders, municipal authorities, and the iQonce Small Business Association. The literature review and interviews enabled the researcher to develop recommendations to solve the challenges. These recommendations will be helpful to the King William‟s Town municipality. The findings of this study reveal that there are challenges in the manner in which street trading is managed in King William‟s Town. Some of the challenges are a lack of a LED policy, poor infrastructure, failure to implement decisions, lack of financial support for street traders, and underutilisation of the budget. The researcher has made some recommendations in terms of support and assistance for street traders, the formulation of a LED policy, and plans and systems needed to be put in place for the management of street trading in King William‟s Town. The researcher summarises the study by claiming that if the proposed recommendations can be thoroughly implemented, there will be some improvement in the manner in which the street traders are managed.
32

The role of local industrial parks in stimulating and supporting the growth and development of small, medium and micro enterprises in the Western Cape Province

Wyeth, Charles Anthony 12 1900 (has links)
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.
33

Economic, social and political/institutional assessment of spatial development initiatives (in South Africa)

Tessely, Ruth 12 1900 (has links)
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.
34

Economic growth and commodity-market volatility in South Africa

Mazibuko, Palasta 12 1900 (has links)
Thesis (MBA (Business Management))--Stellenbosch University, 2008. / ENGLISH ABSTRACT: This research studies the relationship between economic growth and commodity-market volatility in South Africa. The mining industry, largely supported by gold, diamonds, coal, iron ore and platinum-group metals, has played a central role in South Africa's economic development. The commodities that were selected for the study are the five major minerals, namely gold, coal, iron are, platinum-group metals and diamonds. It investigates two central questions, the first of which is whether the mining of the above commodities still makes a significant contribution to the South African economy in terms of employment, revenue and foreign-currency earning. The second is whether there is a link that reflects a statistically and economically significant association between commodity-price volatility and economic growth in South Africa. The economic environment in South Africa has been extremely positive, with a growth averaging around 5% for the period 2004-2006. An important contributing factor to this favourable environment has been the behaviour of mineral commodity prices. Mining makes a direct and indirect contribution of approximately 15% to GOP, accounts for around 50% of merchandise exports (including primary and beneficiated mineral exports), 12% of fixed investment, 30% of the market value of the JSE limited and 20% of formal-sector employment. Therefore, mining remains a key foundation of the South African economy. Time series data analysis confirms that the volatility of the major foreign currency-earning commodities - gold, platinum, coal, diamonds and iron ore - are negatively or weakly related. This relationship actually reflects the harmful effect of the volatility of these commodities on economic growth. Until recently, South Africa was heavily dependent on exports of primary commodities. Since the commodity prices are highly volatile, South Africa has to cope with large shocks, both positive and negative. Commodity cycles used to be determined by the growth cycle in the United States, but more recently, with the emergence of the Asian economies and China, in particular, the dominant influence of the United States economy on the commodity cycle has waned. The continuing instability in commodity prices and export earnings of South Africa has to be addressed by diversifying the exports towards more dynamic products; particularly manufactured goods and services. / AFRIKAANSE OPSOMMING: Die verwantskap tussen ekonomiese groei in Suid-Afrika en die mynbedryf, wat hoofsaaklik ondersteun word deur goud, diamante, steenkool, ystererts en die platinumgroepmetale, het 'n sentrale rol in Suid-Afrika se ekonomiese ontwikkeling gespeel. Die kommoditeite wat vir hierdie navorsing gebruik word, is die vyf belangrikste minerale, naamlik goud, steenkool, ystererts, die platinumgroepmetale en diamante. Twee sleutelvraagstukke word hier ondersoek, waarvan die eerste dit bevraagteken of die ontginning van bogenoemde kommoditeite nog steeds 'n belangrike bydrae tot die Suid-Afrikaanse ekonomie lewer wat indiensneming, inkomste en buitelandse valuta betref. Tweedens word daar ondersoek of daar enige skakel is wat 'n statistiese en ekonomies betekenisvolle verwantskap tussen kommoditeitsprysonbestendigheid en die ekonomiese groei van Suid-Afrika weerspieel. Die ekonomiese omgewing in Suid-Afrika was besonder positief, met 'n groeikoers van ongeveer 5% gedurende die 2004-2006-tydperk. Die gedrag van mineraalkommoditeitspryse het 'n belangrike bydrae tot die gunstige ekonomiese omgewing gelewer. Mynwese lewer 'n direkte en indirekte bydrae van ongeveer 15% tot die algemene binnelandse produk, is verantwoordelik vir ongeveer 50% van die uitvoer van handelsware (insluitend primere en veredelde mineraaluitvoere), 12% van vaste beleggings, 30% van die markwaarde van die Johannesburgse Aandelebeurs en 20% van die werksgeleenthede in die formele sektor. Daarom is mynwese 'n sentrale deel van die Suid-Afrikaanse ekonomie. Die ontleding van tydreeksdata bevestig dat die onbestendigheid van die belangrikste kommoditeite wat buitelandse valuta verdien, naamlik goud, platinum, steenkool, diamante en ystererts, negatief of swak verwant is. Hierdie verwantskap weerspieel eerder die skadelike uitwerking van hierdie kommoditeite se onbestendigheid op ekonomiese groei. Tot onlangs was Suid-Afrika grootliks afhanklik van die uitvoer van primere kommoditeite en die pryse van hierdie kommoditeite is baie onbestendig. Suid-Afrika moes dus groot skokke, positief sowel as negatief, die hoof bied. Die groeisiklus in Amerika het in die verlede die kommoditeitsiklusse bepaal, maar meer onlangs het die Asiatiese ekonomiee en veral China die dominante invloed van ekonomiese Amerika laat afneem. Die voortdurende onstabiliteit in kommoditeitspryse en buitelandse inkomste vir Suid-Afrika moet meer aandag geniet deur uitvoere te diversifiseer na meer dinamiese produkte, veral vervaardigde produkte en dienslewering.
35

The contribution of international competitiveness to the economic development of South Africa

Phafane, Matsuna P. 12 1900 (has links)
Theses (MBA)--Stellenbosch University, 2002. / ENGLISH ABSTRACT: The concept of international competitiveness has become increasingly important due to globalisation and increased integration between nations and has been referred to as a "new type of warfare" in modern economies. With the advent of globalisation, countries have become more integrated not only through trade but also in financial markets. Consequently, the question of attaining sustainable development through international competitiveness has become very significant. As globalisation proceeds, it would appear that a combination of factors are raising the demand for skilled labour and lowering the demand for unskilled and semi-skilled labour. In South Africa, at least over the short term, the predictions are for declining demand for unskilled and semi-skilled labour and rising demand for skilled and professional occupations. South African manufacturing firms are generally characterised by low spending on innovation. Today there is a shift in the pattern of world trade away from commodity production and raw material intensive simple manufactured goods and towards increasingly knowledge-intensive goods and services. As the more traditional bases of securing a competitive advantage decline for South African manufacturing firms, the ability to compete will increasingly turn on their capacities to master information technology. Technological infrastructure is becoming a key asset for the future competitiveness of a nation. Technology also impacts on education. Therefore, the priority of a competitive nation is to develop the people who will operate the new technological infrastructure and strive to be on the leading edge of future developments. This is one of the reasons why South Africa has to improve on its technology in order to be attractive to foreign investment. It is clear ,that South Africa's current education and training system is not adequate to address the future challenges of the country. An integrated, restructured education and training system that is geared to supplying the necessary manpower to ensure high productivity and international competitiveness is needed if South Africa is to become globally competitive. Therefore the importance of education and training to upgrade people to enable them to earn more cannot be overemphasised. Much more emphasis must be put on technical training in South Africa. After some difficult years of isolation, South Africa has increased its rating on international competitiveness by three positions from 42nd in 2001 to 39th in 2002. It is hoped that South Africa's economic growth rate improves as a result of its pursuit of privatisation; reform of the state sector; and liberalisation of trade and tariffs. The social inequalities inherited from the past, high unemployment and a relatively high inflation rate may constrain the government's economic policy. The development priorities of developing countries such as South Africa include achieving sustained income growth for their economies by raising investment rates, strengthening technological capacities and skills and improving the competitiveness of their exports in world markets, distributing the benefits of growth equitably by creating more and better employment opportunities and protecting and conserving the physical environment for future generations. The new and more competitive context of liberalising and globalising the world economy in which economic activity take place imposes considerable pressures on developing countries to upgrade their resources and capabilities if they are to achieve these objectives. This study seeks to investigate the extent to which international competitiveness contributes to the economic development of South Africa, by studying the theory of comparative advantage and its implications to the modern theory of trade. The study explores and identifies key factors of international competitiveness and globalisation and the success of the application of international competitiveness into practice. The study concludes with possible areas of further research. / AFRIKAANSE OPSOMMING: Die konsep van internasionale mededingendheid word toenemend belangrik weens globalisering en groter integrasie tussen nasies en daar word in hedendaagse ekonomieë daarna verwys as 'n "nuwe soort oorlog". Met die koms van globalisering het lande nie net deur handel nie maar ook in finansiële markte meer geïntegreerd geraak. Die kwessie van die bewerkstelliging van volgehoue ontwikkeling deur internasionale mededingendheid het gevolglik baie belangrik geword. Namate globalisering voortgaan wil dit voorkom asof 'n kombinasie van faktore die vraag na geskoolde arbeid verhoog en die vraag na ongeskoolde en halfgeskoolde arbeid laat daal. In Suid-Afrika word 'n kleiner vraag na ongeskoolde en halfgeskoolde arbeid en 'n groter vraag na geskoolde en professionele beroepe oor ten minste die kort termyn voorspel. Suid-Afrikaanse vervaardigingsmaatskappye word oor die algemeen deur lae besteding aan innovasie gekenmerk. Daar is tans 'n verskuiwing in die patroon van wêreldhandel weg van kommoditeitsproduksie en grondstof-intensiewe eenvoudige vervaardigde goedere na toenemend kennis-intensiewe goedere en dienste. Namate die meer tradisionele grondslae waarop Suid-Afrikaanse vervaardigingsmaatskappye 'n mededingende voordeel verkry het, verdwyn, sal die vermoë om mee te ding toenemend afhang van hul vermoë om inligtingstegnologie te bemeester. Tegnologiese infrastruktuur word 'n baie belangrike bate vir die toekomstige mededingendheid van 'n land. Tegnologie het ook 'n impak op onderwys. Die prioriteit van 'n mededingende land is dus die ontwikkeling van die mense wat die nuwe tegnologiese infrastruktuur sal bestuur en wat daarna strewe om aan die spits van toekomstige ontwikkelings te wees. Dit is een van die redes waarom Suid-Afrika sy tegnologie moet verbeter ten einde aantreklik te wees vir buiteland,sebelegging. Dit is duidelik dat Suid-Afrika se huidige onderwys- en opleidingstelsel nie voldoende is om die toekomstige uitdagings vir die land die hoof te bied nie. 'n Geïntegreerde herstruktureerde onderwys- en opleidingstelsel wat daarop gemik is om die nodiqe mannekrag te voorsien om hoë produktiwiteit en internasionale mededingendheid te verseker, word vereis indien Suid-Afrika mededingend wil wees in die internasionale arena. Die belangrikheid van onderwys en opleiding om mense op te gradeer ten einde hulle in staat te stel om meer te verdien, kan nie oorbeklemtoon word nie. Groter klem moet op tegniese opleiding in Suid-Afrika gelê word. Na moeilike jare van isolasie het Suid-Afrika sy gradering ten opsigte van internasionale mededingendheid met drie posisies verbeter vanaf 42ste in 2001 tot 39ste in 2002. Suid-Afrika se ekonomiese groeikoers sal hopelik verbeter as gevolg van sy strewe na privatisering, hervorming van die staatsektor, en liberalisering van handel en tariewe. Die maatskaplike ongelykhede van die verlede, hoë werkloosheid en 'n betreklik hoë inflasiekoers kan moontlik die regering se ekonomiese beleid aan bande lê. Die ontwikkelingsprioriteite van ontwikkelende lande soos Suid-Afrika sluit die volgende in: volgehou inkomstegroei vir hul ekonomieë deur beleggingskoersverhogings, verbetering van tegnologiese kapasiteite en vaardighede, die verbetering van die mededingendheid van hul uitvoere in wêreldmarkte, die billiker verdeling van die voordele van groei deur meer en beter werkgeleenthede te skep, en die beskerming en bewaring van die fisiese omgewing vir toekomstige geslagte. Die nuwe en meer mededingende konteks van die liberalisering en globalisering van die wêreldekonomie waarin ekonomiese aktiwiteit plaasvind, plaas- groot druk op ontwikkelende lande om hul hulpbronne en kapasiteite te opgradeer indien hulle hierdie doelwitte wil bereik. Hierdie studie poog om die mate waarin internasionale mededingendheid tot die ekonomiese ontwikkeling van Suid-Afrika bydra, te ondersoek deur die teorie van mededingende voordeel en die implikasies daarvan vir die moderne handelsteorie te bestudeer. Die studie ondersoek en identifiseer die hooffaktore van internasionale mededingendheid en globalisering en die sukses van die toepassing van internasionale mededingendheid in die praktyk. Die studie word afgesluit met voorstelle vir moontlike verdere navorsing.
36

A macroeconometric policy model of the South African economy based on weak rational expectations with an application to monetary policy

Bauknecht, Klaus Dieter January 2000 (has links)
Dissertation (PhD) -- University of Stellenbosch, 2000. / ENGLISH ABSTRACT: The Lucas critique states that if expectations are not explicitly dealt with, conventional econometric models are inappropriate for policy analyses, as their coefficients are not policy invariant. The inclusion of rational expectations in ·conventional model building has been the most common response to this critique. The concept of rational expectations has received several interpretations. In numerous studies, these expectations are associated with model consistent expectations in the sense that expectations and model solutions are identical. To derive a solution, these models require unique algorithms and assumptions regarding their terminal state, in particular when forward-looking expectations are present. An alternative that avoids these issues is the concept of weak rational expectations, which emphasises that expectation errors should not be systematic. Expectations are therefore formed on the basis of an underlying structure, but full knowledge of the model is not essential. The accommodation of this type of rational expectations is accomplished by means of an explicit specification of an expectations equation consistent with the macro econometric model's broad structure. The estimation of coefficients relating to expectations is achieved through an Instrumental Variable approach. In South Africa, monetary policy has been consistent and transparent in line with the recommendations of the De Kock Commission. This allows the modelling of the policy instrument of the South African Reserve Bank, i.e. the Bank rate, by means of a policy reaction function. Given this transparency in monetary policy, the accommodation of expectations of the Bank rate is essential in modelling the full impact of monetary policy and in avoiding the Lucas critique. This is accomplished through weak rational expectations, based on the reaction function of the Reserve Bank. The accommodation of expectations of a policy instrument also allows the modelling of anticipated and unanticipated policies as alternative assumptions regarding the expectations process can be made during simulations. Conventional econometric models emphasise the demand side of the economy, with equations focusing on private consumption, investment, exports and imports and possibly changes in inventories. In this study, particular emphasis in the model specification is also placed on the impact of monetary policy on government debt and debt servicing costs. Other dimensions of the model include the modelling of the money supply and balance of payments, short- and long-term interest rates, domestic prices, the exchange rate, the wage rate and employment as well as weakly rational expectations of inflation and the Bank rate. The model has been specified and estimated by usmg concepts such as cointegration and Error Correction modelling. Numerous tests, including the assessment of the Root Mean Square Percentage Error, have been employed to test the adequacy of the model. Similarly, tests are carried out to ensure weak rational expectations. Numerous simulations are carried out with the model and the results are compared to relevant alternative studies. The simulation results show that the reduction of inflation by means of only monetary policy could impose severe costs on the economy in terms of real sector volatility. / AFRIKAANSE OPSOMMING: Die Lucas-kritiek beweer dat konvensionele ekonometriese modelle nie gebruik kan word vir beleidsontleding nie, aangesien dit nie voorsiening maak vir die verandering in verwagtings wanneer beleidsaanpassings gemaak word nie. Die insluiting van rasionele verwagtinge in konvensionele ekonometriese modelle is die mees algemene reaksie op die Lukas-kritiek. Ten einde die praktiese insluiting van rasionele verwagtings III ekonometriese modelbou te vergemaklik, word in hierdie studie gebruik gemaak van sogenaamde "swak rasionele verwagtings", wat slegs vereis dat verwagtingsfoute me sistematies moet wees nie. Die beraming van die koëffisiënte van die verwagtingsveranderlikes word gedoen met behulp van die Instrumentele Veranderlikes-benadering. Monetêre beleid in Suid-Afrika was histories konsekwent en deursigtig in ooreenstemming met die aanbevelings van die De Kock Kommissie. Die beleidsinstrument van die Suid-Afrikaanse Reserwebank, naamlik die Bankkoers, kan gevolglik gemodelleer word met behulp van 'n beleidsreaksie-funksie. Ten einde die Lukas-kritiek te akkommodeer, moet verwagtings oor die Bankkoers egter ingesluit word wanneer die volle impak van monetêre beleid gemodelleer word. Dit word vermag met die insluiting van swak rasionele verwagtings, gebaseer op die reaksie-funksie van die Reserwebank. Sodoende kan die impak van verwagte en onverwagte beleidsaanpassings gesimuleer word. Konvensionele ekonometriese modelle beklemtoon die vraagkant van die ekonomie, met vergelykings vir verbruik, investering, invoere, uitvoere en moontlik die verandering in voorrade. In hierdie studie word daar ook klem geplaas op die impak van monetêre beleid op staatskuld en die koste van staatsskuld. Ander aspekte wat gemodelleer word, is die geldvoorraad en betalingsbalans, korttermyn- en langtermynrentekoerse, binnelandse pryse, die wisselkoers, loonkoerse en indiensneming, asook swak rasionele verwagtings van inflasie en die Bankkkoers. Die model is gespesifiseer en beraam met behulp van ko-integrasie en die gebruik van lang-en korttermynvergelykings. Die gebruiklike toetse is uitgevoer om die toereikendheid van die model te toets. Verskeie simulasies is uitgevoer met die model en die resultate is vergelyk met ander relevante studies. Die gevolgtrekking word gemaak dat die verlaging van inflasie deur alleenlik gebruik te maak van monetêre beleid 'n swaar las op die ekonomie kan lê in terme van volatiliteit in die reële sektor.
37

Black economic empowerment :a study of recommendation by the Black Economic Commission and the practical effects of the application thereof relative to similar experiences in other developing countries.

Londt, Shirnaé Bronwynne January 2005 (has links)
The market value of Black Economic Empowerment (BEE) companies listed on the JSE Securities Exchange (JSE) has fallen to only 2% of the overall market capitalisation of the JSE. Many BEE companies have disappeared from the exchange and there have been many failures.<br /> <br /> In the context of the report of the BEE Commission (BEE Com), it is essential to understand why these failures have occurred and it is essential to research methods of structure, capitalisation and listings to ensure that ownership of the economy is fairly distributed in future as per the recommendations of the BEE Comm. The motivation for this research project is based on the fact that as a member of the Historically Disadvantaged Group in this country, and after having qualified in the Faculty of Law with a commercial background, I would like to attempt to make a meaningful contribution to the transformation that should take place to facilitate equality of ownership of the economy.<br /> <br /> The proposed research is critically important as the recommendations of the Commission have to be implemented as a matter of urgency, given the current slow growth rate of the economy and given the fact that as many more new enterprises could be listed on the JSE, it would provide further access to jobs, thereby positively impacting on the unemployment situation thereby contributing to poverty relief.
38

Reaching for sustainability: ecological modernisation and environmetal justice in South African energy policy and practice

Long, Dianne Patience January 2017 (has links)
A Dissertation submitted to the Faculty of Humanities University of the Witwatersrand, Johannesburg in fulfilment of the requirements for the degree of Doctor of Philosophy. April 2017 / Sustainable development is one of the major discourses of the twenty first century. In many instances sustainable development has been synonymous with the discourse of ecological modernisation. Ecological modernisation, as a discourse, has been proposed as an entreating means to reach the ideal of development that is sustainable, but has by and large only been tested within developed nations. There is, however, a prominent academic debate centred on the potential social and environmental justice concerns that may emanate from the promotion of ecological modernisation in environmental policy. This research project aimed to understand the degree to which ecological modernisation has been embraced in South Africa, and the environmental justice implications of this adoption. This was in an attempt to build an environmental justice policy framework for ecological modernisation in a bid to address environmental justice concerns. South African energy policy and practice was investigated in order to do this. Civil society hold an esteemed position in ecological modernisation, and as such in-depth, semi-structured interviews were conducted with a number of civil society activists who are involved in a range of campaigns for environmental justice. Their insights and solutions to potential environmental justice concerns that would result from using ecological modernisation were investigated. This was done in an attempt to build a list of environmental justice principles that can possibly be used to inform policies based on ecological modernisation in order to ensure just development. These criteria address the role of government, the role of society at large, as well as industry, and for the most part seek to understand if the disparate power dynamics that exist amongst these three actors can potentially be addressed. South African energy policies were analysed for evidence of these justice principles. It was found that South African energy policies do not address environmental justice in any measure that would truly allow for justice to be put into the practice of governing the environment. Therefore, by incorporating these environmental justice principles into ecological modernisation, ecological modernisation can potentially be stronger in approach to sustainable development than it presently is. / MT 2018
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Gender equality and corporate social responsibility in the workplace: a case study of Anglo American Platinum Mine and Impala Platinum Mines Rustenburg, South Africa

Mutasa, Francyn Chido January 2017 (has links)
A research report submitted to the Faculty of Humanities, University of the Witwatersrand, Johannesburg, in partial fulfilment of the requirements for the degree of Master of Arts in Labour, Policy and Globalisation, 2017 / This research presents an investigation of the role played by private corporations in promoting gender equality, using the platinum mining sector in the Rustenburg area as a case study. In evaluating this role the research uses The Mining Charter, a piece of legislation and Corporate Social Responsibility (CSR) to assess the efforts that have been made by Anglo American and Impala Platinum mines. This qualitative study uses an abductive approach and a Marxist feminist theoretical perspective to establish what constitutes the problem of inequality. Relying on data collected through document analysis, which included a review of the Mining Charter, and various company annual reports, coupled with data collected from conducting interviews from September to December 2016, the research has found companies to look at the problem of gender equality from a ‘female employees statistics’ point of view. As such, the problem of equality has ignored the indirect negative impacts mining has on women in the communities in which the mining companies operate. This research understands equality as having two sides, “formal and informal” equality. While efforts by the government, and mining companies have tried to address the part of formal equality through increasing the numbers of females in mining, and improving the general conditions in which they operate, this research finds that there exists a form of “informal equality.” This informal inequality looks at the outcomes of the efforts in reality, and goes beyond the company into society. Mining companies have the ability to address this type of equality through CSR, but this research notes that CSR programs are often not viewed through a gender lens. The study therefore concludes that there is a disjuncture between the perceived results of efforts made by corporations on paper and the outcomes in reality. While corporations can contribute to promoting equality in the workplace, their understanding of equality is skewed and one sided therefore inequality continues to persist. Perhaps if companies use the strategy of gender mainstreaming to address the goal of equality, which involves taking into account the particular problems of women in all facets, then equality can be achieved. / XL2018
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Implementation of the child labour policy in South Africa

Asobo, Simo Mambi January 2016 (has links)
A research report submitted to the Faculty of Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management (in the field of Public Policy) , April 2016 / Child labour is a social problem that affects several countries worldwide, and South Africa is not an exception. It is the result of adverse economic conditions in the country, where children feel they have to resort to finding employment in order to support their families. There is a general consensus that child labour in South Africa needs to be dealt with, and this is seen via the ratification of the two most important ILO conventions that speak to child labour. The ratification of these conventions led to the development of a child labour policy for South Africa; the Child Labour Programme of Action. However, despite the existence of this policy and its implementation, child labour continues. This report looked at how the child labour policy was implemented, and to verify if the continued occurrence of child labour was due to a disconnection between the policy as it is presented on paper, and those who are supposed to implement the policy on the ground. The report used qualitative methods, specifically documentary analysis and interviews. The documents that were analysed included the Child Labour Programme of Action, as well as its follow up documents. Meanwhile, government officials as well as members of civil society were the interview subjects. The main finding of the research is that the implementers of the policy do not have a full understanding of the policy and what it entails. And because of this they are unable to properly implement the policy to produce an effective solution against child labour. The report concludes with recommendations intended to help the government to get more out of the Child Labour Programme of Action. / MT2018

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