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Business Cycles and Structural Change in South Africa: An Integrated View (Advances in African Economic, Social and Political Development) - Hardcover

Buch 31 von 37: Advances in African Economic, Social and Political Development
 
9783030357535: Business Cycles and Structural Change in South Africa: An Integrated View (Advances in African Economic, Social and Political Development)
Hardcover
ISBN 10: 3030357538 ISBN 13: 9783030357535
Verlag: Springer, 2020

Inhaltsangabe

This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles inan emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle. 

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Über die Autorin bzw. den Autor

Willem Boshoff is an economist at Stellenbosch University, South Africa, where he is an Associate Professor of Economics and the Director of the Centre for Competition Law and Economics. He teaches macroeconomics, time-series analysis and industrial organization. He holds a Ph.D. in economics from Stellenbosch University and has published on South African business and financial cycles, cycles in collusion, and statistical applications to competition policy problems. Prof. Boshoff is editor of the Journal for Studies in Economics and Econometrics and is a National Research Foundation ‘rated’ researcher.

Von der hinteren Coverseite

This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity – so-called ‘turning-point cycles’ – the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in anemerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle. 

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Verlag
Springer
Erscheinungsdatum
2020
Sprache
Englisch
ISBN 10 
3030357538
ISBN 13 
9783030357535
Einband
Gebundene Ausgabe
Auflage
1
Anzahl der Seiten
302
Herausgeber
Boshoff Willem H.
Kontakt zum Hersteller
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