Determinants of inclusive growth in South Africa: a macroeconomic approach
- Makala, Zizo https://orcid.org/0000-0002-4875-6531
- Authors: Makala, Zizo https://orcid.org/0000-0002-4875-6531
- Date: 2022-08
- Subjects: Economic development -- South Africa , Macroeconomics -- South Africa
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/28761 , vital:74913
- Description: Available literature substantiates that economic growth is imperative but not sufficient to improve the living standards of a substantial percentage of South Africa’s population. The benefits of growth are also barely equitably distributed among the different groups of society in South Africa. Based on this background, the study empirically examines the factors that determine inclusive growth in South Africa. The study utilised annual data from 1991 to 2020, employing the autoregressive distributed lag model (ARDL) bounds testing approach to cointegration to evaluate the long-run and short-run linkage among the variables of interest. Based on the Social Opportunity Function, a model linking inclusive growth and its determinants was specified. The empirical results suggest a positive relationship between Foreign Direct Investment (FDI) and inclusive growth (LGDPPPE), in both the short run and the long run, implying that, FDI inflows significantly drive inclusive growth. Therefore, there is a need for South Africa to open economic borders to benefit from the opportunities for inclusive growth through external capital. In contrast, Inflation (INFL) portrays a negative influence on LGDPPPE, both in the short and long run alike, suggesting that the rate of inclusive growth is higher when inflation rate is lower, leading to the implication that, to significantly help accelerate inclusive growth in South Africa, the control of inflation must be a major object of economic policy. In the short run, the Level of Income (LGDPPC), Government Consumption (GGFCE), Population Growth (POPG), Gross Fixed Capital Formation (GFCF), and Trade Openness (TOP) indicate no noticeable influence on LGDPPPE. However, in the long run, LGDPPC, POPG and TOP turned out positive and statistically significant. This finding suggests that policies that make the South African economy open to trade with the rest of the world are essential for inclusive economic growth. Furthermore, the finding implies that population growth is not detrimental to growth inclusiveness in South Africa and policy measures that enhance the population’s productivity to reap demographic dividends should be encouraged. , Thesis (MCom) -- Faculty of Management and Commerce, 2022
- Full Text:
- Date Issued: 2022-08
- Authors: Makala, Zizo https://orcid.org/0000-0002-4875-6531
- Date: 2022-08
- Subjects: Economic development -- South Africa , Macroeconomics -- South Africa
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/28761 , vital:74913
- Description: Available literature substantiates that economic growth is imperative but not sufficient to improve the living standards of a substantial percentage of South Africa’s population. The benefits of growth are also barely equitably distributed among the different groups of society in South Africa. Based on this background, the study empirically examines the factors that determine inclusive growth in South Africa. The study utilised annual data from 1991 to 2020, employing the autoregressive distributed lag model (ARDL) bounds testing approach to cointegration to evaluate the long-run and short-run linkage among the variables of interest. Based on the Social Opportunity Function, a model linking inclusive growth and its determinants was specified. The empirical results suggest a positive relationship between Foreign Direct Investment (FDI) and inclusive growth (LGDPPPE), in both the short run and the long run, implying that, FDI inflows significantly drive inclusive growth. Therefore, there is a need for South Africa to open economic borders to benefit from the opportunities for inclusive growth through external capital. In contrast, Inflation (INFL) portrays a negative influence on LGDPPPE, both in the short and long run alike, suggesting that the rate of inclusive growth is higher when inflation rate is lower, leading to the implication that, to significantly help accelerate inclusive growth in South Africa, the control of inflation must be a major object of economic policy. In the short run, the Level of Income (LGDPPC), Government Consumption (GGFCE), Population Growth (POPG), Gross Fixed Capital Formation (GFCF), and Trade Openness (TOP) indicate no noticeable influence on LGDPPPE. However, in the long run, LGDPPC, POPG and TOP turned out positive and statistically significant. This finding suggests that policies that make the South African economy open to trade with the rest of the world are essential for inclusive economic growth. Furthermore, the finding implies that population growth is not detrimental to growth inclusiveness in South Africa and policy measures that enhance the population’s productivity to reap demographic dividends should be encouraged. , Thesis (MCom) -- Faculty of Management and Commerce, 2022
- Full Text:
- Date Issued: 2022-08
Assessing the effects of the South African schools rationalisation policy on educator morale-case study of Buffalo City District Education in King Williams Town – Eastern Cape
- Authors: Mgedezi, Nomahlubi Pamela
- Date: 2021-09
- Subjects: Teacher morale
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20439 , vital:45666
- Description: The purpose of the study was to scrutinise and assess the effects of South African school’s rationalization framework on educator morale in the Eastern Cape Department of Basic Education amidst the research objectives. The researcher wanted to establish if the Department of Education had succeeded in the implementation of the policy. In terms of the accomplishment of the objectives the researcher wanted to determine whether the exercise of the policy had affected the morale of educators. The study reviewed the literature, theoretical and empirical assessment of rationalisation process on the morale of educators in the King William’s Town district in the Eastern Cape. The study adopted a case study design of qualitative approach. The target population of the study included seventeen educators of the five schools in King William’s Town. A purposive sampling was used to select the respondents. A semi – structured interviews and questionnaires was used, and data was analysed using thematic approach according to the themes from the research questions. The questionnaire method succeeded by interviews was used for the collection of data. The tables and bar graphs were used to represent the number of respondents that participated in the study. The findings denoted that some of the educators believed the Department of Education had not planned the process of rationalisation sufficiently as it brought about anxiety and stress, though some of the affected educators mentioned that it brought relief as there are additional educators to teach other learning areas. The study recommended that the Department of basic Education in Eastern Cape should as a matter of priority provide maximum support to the affected educators. The study concluded that it became evident that the interaction with the respondents showed that the rationalisation process affects redeployed educators negatively. The outcome of the study could be helpful to the Department of Education to come up with strategies of implementing the policy and serve as a centre of reference towards other organisations and unions. , Thesis (MPA) -- University of Fort Hare, 2021
- Full Text:
- Date Issued: 2021-09
- Authors: Mgedezi, Nomahlubi Pamela
- Date: 2021-09
- Subjects: Teacher morale
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20439 , vital:45666
- Description: The purpose of the study was to scrutinise and assess the effects of South African school’s rationalization framework on educator morale in the Eastern Cape Department of Basic Education amidst the research objectives. The researcher wanted to establish if the Department of Education had succeeded in the implementation of the policy. In terms of the accomplishment of the objectives the researcher wanted to determine whether the exercise of the policy had affected the morale of educators. The study reviewed the literature, theoretical and empirical assessment of rationalisation process on the morale of educators in the King William’s Town district in the Eastern Cape. The study adopted a case study design of qualitative approach. The target population of the study included seventeen educators of the five schools in King William’s Town. A purposive sampling was used to select the respondents. A semi – structured interviews and questionnaires was used, and data was analysed using thematic approach according to the themes from the research questions. The questionnaire method succeeded by interviews was used for the collection of data. The tables and bar graphs were used to represent the number of respondents that participated in the study. The findings denoted that some of the educators believed the Department of Education had not planned the process of rationalisation sufficiently as it brought about anxiety and stress, though some of the affected educators mentioned that it brought relief as there are additional educators to teach other learning areas. The study recommended that the Department of basic Education in Eastern Cape should as a matter of priority provide maximum support to the affected educators. The study concluded that it became evident that the interaction with the respondents showed that the rationalisation process affects redeployed educators negatively. The outcome of the study could be helpful to the Department of Education to come up with strategies of implementing the policy and serve as a centre of reference towards other organisations and unions. , Thesis (MPA) -- University of Fort Hare, 2021
- Full Text:
- Date Issued: 2021-09
Capital flows and real exchange rate movement in South Africa
- Authors: Lindani, Sandiswa
- Date: 2021-09
- Subjects: Foreign exchange rates , Exchange rate pass-through , Capital movements
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20417 , vital:45664
- Description: The neoclassical theory suggests that free flow of external capital should be equilibrating and thereby facilitating smoothening of an economy's consumption or production patterns. Based on this background, this study empirically examines the extent to which the different forms of capital flows amongst other variables influence the real exchange rate in South Africa for the period 1980 to 2019, using annual data. Estimation techniques employed include the Johansen Co-integration Approach and the Vector error correction model (VECM). The variables were found to be co-integrated, with six co-integrating vectors existing. The long-run results revealed that FPI has an appreciating effect on the exchange rate in South Africa. Based on the results, policy recommendations are suggested. , Thesis (MCom) (Economics) -- University of Fort Hare, 2021.
- Full Text:
- Date Issued: 2021-09
- Authors: Lindani, Sandiswa
- Date: 2021-09
- Subjects: Foreign exchange rates , Exchange rate pass-through , Capital movements
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20417 , vital:45664
- Description: The neoclassical theory suggests that free flow of external capital should be equilibrating and thereby facilitating smoothening of an economy's consumption or production patterns. Based on this background, this study empirically examines the extent to which the different forms of capital flows amongst other variables influence the real exchange rate in South Africa for the period 1980 to 2019, using annual data. Estimation techniques employed include the Johansen Co-integration Approach and the Vector error correction model (VECM). The variables were found to be co-integrated, with six co-integrating vectors existing. The long-run results revealed that FPI has an appreciating effect on the exchange rate in South Africa. Based on the results, policy recommendations are suggested. , Thesis (MCom) (Economics) -- University of Fort Hare, 2021.
- Full Text:
- Date Issued: 2021-09
Factors influencing the adoption of mobile health monitoring and care systems by the elderly living at home in South Africa: a case of Buffalo City Metropolitan Municipality.
- Authors: Fotoyi, Yolande Odwa
- Date: 2021-09
- Subjects: Medical informatics , Wireless communication systems in medical care
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20406 , vital:45662
- Description: The gradual increase of elderly people around the globe necessitates intensive dialogue amongst government, the healthcare sector and elderly communities as per MPAA 2002 resolutions. Literature identifies technology as the enabler to drive the facilitation of improved living conditions beginning with an affordable, accessible and integrated health information system (HIS). The attainment of a better quality of care to meet the elderly’s needs requires the re-engineering of current modalities. The diverse nature of South Africa is more suited to a people-based rather than a process-centric approach currently in existence. Access barriers, affordability, the digital divide, lack of government buy-in, and fragmented HIS are considered major impediments to adoption of mobile monitoring and care systems (MMCs) for the elderly’s healthcare. Given the complications brought about by the Covid-19 pandemic, the adoption of MMCs cannot be more pronounced. However, despite available literature regarding elderly issues in both developed and developing countries, the elderly plight has still not been considered a national priority. The main purpose of this research was to investigate why elderly people do not adopt MMCs to improve their quality of life, with MMC technologies as a general area of research. The main objective of the study was to develop critical success factors to improve the adoption of MMCs by the elderly living at home. This would potentially alleviate the burden on healthcare resources and also improve the elderly’s quality of life. Primary data collection took place from 21 February to 28 February 2020 in Buffalo City Metropolitan Municipality. Semi-structured interviews were conducted with 15 participants comprising one male and 14 females who represented the elderly Black, Coloured, Indian and White people. This qualitative research tool and purposive sampling method were chosen in order to fully capture the participants’ experiences in the home environment, which excluded those living in frail care or step-down facilities or state institutions. Despite the sample size being small and not being generalizable, it delivered rich information which provided a deeper understanding and fresh insights into the landscape of the elderly and their healthcare needs. The interviews were recorded, transcribed and analysed thematically. The study found that elderly communities are not entirely averse to adoption of MMCs but challenges like affordability and chronic shortage of technical skills prove to be impediments to adoption of MMCs for the elderly’s healthcare. The lack of standardisation and data governance pertaining to data sharing in HISs also serve to exacerbate the matter. The study, therefore, recommends collaborative engagements amongst government, business and the elderly to facilitate the availability of affordable and accessible ICT infrastructure for the elderly communities. Improved adoption of MMCs carry the potential benefit which emanates from the assumption of a pro-active role by the elderly and optimising available MMCs thus reducing strain and freeing-up healthcare workers to concentrate on core duties. The onus thus falls on the healthcare sector to revise the available strategies which seek to enhance the quality of life of the elderly people living in the home environment. , Thesis (MCom) (Information Systems) -- University of Fort Hare, 2021.
- Full Text:
- Date Issued: 2021-09
- Authors: Fotoyi, Yolande Odwa
- Date: 2021-09
- Subjects: Medical informatics , Wireless communication systems in medical care
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20406 , vital:45662
- Description: The gradual increase of elderly people around the globe necessitates intensive dialogue amongst government, the healthcare sector and elderly communities as per MPAA 2002 resolutions. Literature identifies technology as the enabler to drive the facilitation of improved living conditions beginning with an affordable, accessible and integrated health information system (HIS). The attainment of a better quality of care to meet the elderly’s needs requires the re-engineering of current modalities. The diverse nature of South Africa is more suited to a people-based rather than a process-centric approach currently in existence. Access barriers, affordability, the digital divide, lack of government buy-in, and fragmented HIS are considered major impediments to adoption of mobile monitoring and care systems (MMCs) for the elderly’s healthcare. Given the complications brought about by the Covid-19 pandemic, the adoption of MMCs cannot be more pronounced. However, despite available literature regarding elderly issues in both developed and developing countries, the elderly plight has still not been considered a national priority. The main purpose of this research was to investigate why elderly people do not adopt MMCs to improve their quality of life, with MMC technologies as a general area of research. The main objective of the study was to develop critical success factors to improve the adoption of MMCs by the elderly living at home. This would potentially alleviate the burden on healthcare resources and also improve the elderly’s quality of life. Primary data collection took place from 21 February to 28 February 2020 in Buffalo City Metropolitan Municipality. Semi-structured interviews were conducted with 15 participants comprising one male and 14 females who represented the elderly Black, Coloured, Indian and White people. This qualitative research tool and purposive sampling method were chosen in order to fully capture the participants’ experiences in the home environment, which excluded those living in frail care or step-down facilities or state institutions. Despite the sample size being small and not being generalizable, it delivered rich information which provided a deeper understanding and fresh insights into the landscape of the elderly and their healthcare needs. The interviews were recorded, transcribed and analysed thematically. The study found that elderly communities are not entirely averse to adoption of MMCs but challenges like affordability and chronic shortage of technical skills prove to be impediments to adoption of MMCs for the elderly’s healthcare. The lack of standardisation and data governance pertaining to data sharing in HISs also serve to exacerbate the matter. The study, therefore, recommends collaborative engagements amongst government, business and the elderly to facilitate the availability of affordable and accessible ICT infrastructure for the elderly communities. Improved adoption of MMCs carry the potential benefit which emanates from the assumption of a pro-active role by the elderly and optimising available MMCs thus reducing strain and freeing-up healthcare workers to concentrate on core duties. The onus thus falls on the healthcare sector to revise the available strategies which seek to enhance the quality of life of the elderly people living in the home environment. , Thesis (MCom) (Information Systems) -- University of Fort Hare, 2021.
- Full Text:
- Date Issued: 2021-09
The impact of export commodity prices on emerging markets economic growth: a case of South Africa’s mineral exports.
- Authors: Moodley, Shiven
- Date: 2021-09
- Subjects: Economic development
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20462 , vital:45668
- Description: Despite South Africa being a mineral resource-rich country, it has experienced low economic growth post-democracy era. The available literature suggests that fluctuations in global demand for commodities have harmed the production process of tradeable and non-tradable goods. Based on this, this dissertation examines the impact of export commodity price on GDP per capita in South Africa using quarterly data beginning from Q2 (April-June) 1990 to Q4 (Oct-Dec) 2018. The Johansen co-integration technique and the Vector Error Correction Method (VECM) were utilised to examine both the long and short-run relationships between the variables of interest. The outcome of the examination has revealed that export commodity price and government expenditure have a positive relationship with GDP per capita in the long run. However, net capital flows have a negative effect on GDP per capita in South Africa. In the short run, the empirical results also reveal that both net capital flows and government expenditure are negatively related to GDP per capita. Furthermore, policy action should be directed towards structural investment for the development of sustainable infrastructure projects within the commodity export sector based on the long-run relationship between commodity export prices and GDP per capita. , Thesis (MCom) (Economics) -- University of Fort Hare, 2021
- Full Text:
- Date Issued: 2021-09
- Authors: Moodley, Shiven
- Date: 2021-09
- Subjects: Economic development
- Language: English
- Type: Master's/ theses , text
- Identifier: http://hdl.handle.net/10353/20462 , vital:45668
- Description: Despite South Africa being a mineral resource-rich country, it has experienced low economic growth post-democracy era. The available literature suggests that fluctuations in global demand for commodities have harmed the production process of tradeable and non-tradable goods. Based on this, this dissertation examines the impact of export commodity price on GDP per capita in South Africa using quarterly data beginning from Q2 (April-June) 1990 to Q4 (Oct-Dec) 2018. The Johansen co-integration technique and the Vector Error Correction Method (VECM) were utilised to examine both the long and short-run relationships between the variables of interest. The outcome of the examination has revealed that export commodity price and government expenditure have a positive relationship with GDP per capita in the long run. However, net capital flows have a negative effect on GDP per capita in South Africa. In the short run, the empirical results also reveal that both net capital flows and government expenditure are negatively related to GDP per capita. Furthermore, policy action should be directed towards structural investment for the development of sustainable infrastructure projects within the commodity export sector based on the long-run relationship between commodity export prices and GDP per capita. , Thesis (MCom) (Economics) -- University of Fort Hare, 2021
- Full Text:
- Date Issued: 2021-09
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