1. Budget Speech - Global Economics
With the overarching priority of the South African focus remaining in job creation and growth acceleration, some new changes to the budget were announced with the aim to "reinforce macroeconomic stability... and provide a temporary cushion to the South African economy" (Manuel, 2009:10). ... This essay will assess the effectiveness of countercyclical spending in South Africa before moving to a discussion of the wage bill and infrastructure outlays in the context of South Africa as a developmental state. ... It is beyond doubt that South Africa moved into a period of countercyclical p...
- Word Count: 2383
- Approx Pages: 10
- Grade Level: Undergraduate