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The reintegration of the South African economy into the global economy and its influence on (un)employment in the post-apartheid era
| Content Provider | Semantic Scholar |
|---|---|
| Author | Smet, Koen De |
| Copyright Year | 2011 |
| Abstract | This paper analyses the South African trade data from1992 until 2006 by means of a Grubel-Lloyd index, a measurement of marginal intra-industry trade and a revealed comparative advantage (RCA) indicator. During this period a lot happened that influenced the South African trade policy, e.g. the political transition in 1994, the formation of the World Trade Organisation in 1995, the rise of China as trading power, etc. The purpose is not only to analyse the current structure of South African trade, but also to examine its structural change over time. As a result this paper shows that South Africa is principally a supplier of natural resources to both industrialised and emerging economies. With respect to its African neighbours South Africa has a more advantageous trading position. More general this paper shows that an indicator reaches significant different values, if different trading partners or industries are analysed. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://epub.wu.ac.at/876/1/document.pdf |
| Alternate Webpage(s) | http://epub.wu.ac.at/5299/1/Fluch-oder-Segen.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |