1. South Africa
Economic activity increased sharply during the second half of 1993 and has continued to rise in 1994. The initial recovery of economic activity was greatly assisted by favourable weather conditions, which led to a sharp increase in ~agricultural output. ... Both consumer and business confidence levels are improving, confirmed by an increase in private sector credit demand, which is resulting in increased private sector investment as well as consumption spending. ... The Reserve Bank has repeatedly stressed that its role in making South Africa more attractive for foreign capital is to c...
- Word Count: 6046
- Approx Pages: 24
- Grade Level: Undergraduate