South African Economy

South African Economy

  • Vusi Gumede
  • Santos Bila
  • Mduduzi Biyase
  • Shonisani Chauke
  • Sodiq Arogundade
Publisher:Springer NatureISBN 13: 9783031541803ISBN 10: 3031541804

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South African Economy is written by Vusi Gumede and published by Springer Nature. It's available with International Standard Book Number or ISBN identification 3031541804 (ISBN 10) and 9783031541803 (ISBN 13).

The South African economy has largely performed below its potential. Although the size of the South African economy has significantly increased since 1994, its performance has lagged behind other comparable economies, and has even been overtaken by Nigeria as the largest economy in Africa. Unemployment, income inequality, and poverty have remained high since 1994. In the past decade, South African economic performance has been so poor that is has resulted in declining per capita incomes. In this study, Vusi Gumede and his co-authors offer a comprehensive analysis of the South African economy since 1994, dealing with many important issues, ranging from its history to its political travails in an effort to provide better understanding and find possible solutions to ensuring inclusive growth.