Macroeconomic Equilibrium and Structural Challenges: The Case of the Republic of South Africa - Softcover

Inhaltsangabe

This monograph provides a macroeconomic analysis of the Republic of South Africa, focusing on economic growth, unemployment, inflation, fiscal and monetary policy, public debt, and aggregate demand-aggregate supply dynamics. The research combines theoretical and empirical approaches to evaluate the country's structural economic challenges and long-term development prospects. Special attention is given to the impact of external shocks, particularly the COVID-19 pandemic, on production, employment, inflation, and fiscal stability. The study concludes that sustainable economic growth in South Africa depends on effective macroeconomic coordination, structural reforms, labor market development, investment growth, and stronger resilience to external economic shocks.

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