Revenue, Trade and Welfare Implications of the BRICS Free Trade Agreement on South Africa
- Authors: Mayende, Nosiphiwo Andisa
- Date: 2020
- Subjects: Gross domestic product -- Statistics -- South Africa , International business enterprises -- Developing countries
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/50316 , vital:42105
- Description: The analysis presented in the study is based on the World Integrated Trade Solution (WITS)/Software Market analysis and Restrictions on Trade (SMART) was used to assess the impacts of the BRICS free trade area (FTA) on South Africa’s revenue, trade and welfare. The findings of the study show that the BRICS FTA is expected to increase imports into South Africa from China, India, Brazil and Russia by $188 million, $469.6 million, $145 million and $19.7 million, respectively. In the same vein, the country is expected to have trade diversion totalling $886.86 million which are largely caused by China with $564.7 million dollars. The combined effects of trade creation and trade diversion, that is, total imports, is expected to lead $1.7 billion in imports surge as a result of BRICS FTA. With regard to the revenue effect, the WITS/SMART simulations indicate that South Africa will have a total fiscal revenue loss of US$1.926 billion if the BRICS FTA is implemented. Major losers include motor vehicles with a loss of US$235.6 million, footwear with US$168.6 million, garments with a loss of US$97 million and textile materials with a loss of $96 million. Overall, South Africa’s exports are expected to increase by $354 million thanks to the BRICS FTA. From the above analysis it is apparent that South Africa will both lose and benefit by joining the BRICS.
- Full Text:
- Date Issued: 2020
- Authors: Mayende, Nosiphiwo Andisa
- Date: 2020
- Subjects: Gross domestic product -- Statistics -- South Africa , International business enterprises -- Developing countries
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/50316 , vital:42105
- Description: The analysis presented in the study is based on the World Integrated Trade Solution (WITS)/Software Market analysis and Restrictions on Trade (SMART) was used to assess the impacts of the BRICS free trade area (FTA) on South Africa’s revenue, trade and welfare. The findings of the study show that the BRICS FTA is expected to increase imports into South Africa from China, India, Brazil and Russia by $188 million, $469.6 million, $145 million and $19.7 million, respectively. In the same vein, the country is expected to have trade diversion totalling $886.86 million which are largely caused by China with $564.7 million dollars. The combined effects of trade creation and trade diversion, that is, total imports, is expected to lead $1.7 billion in imports surge as a result of BRICS FTA. With regard to the revenue effect, the WITS/SMART simulations indicate that South Africa will have a total fiscal revenue loss of US$1.926 billion if the BRICS FTA is implemented. Major losers include motor vehicles with a loss of US$235.6 million, footwear with US$168.6 million, garments with a loss of US$97 million and textile materials with a loss of $96 million. Overall, South Africa’s exports are expected to increase by $354 million thanks to the BRICS FTA. From the above analysis it is apparent that South Africa will both lose and benefit by joining the BRICS.
- Full Text:
- Date Issued: 2020
South Africa`s reflections and juxtapositions of puffery psychodynamic evaluation of public administration shortcomings: public protests versus elections outcomes
- Ijeoma, Edwin Okechukwu Chikata
- Authors: Ijeoma, Edwin Okechukwu Chikata
- Subjects: Public procurement , Service delivery , Corruption , Tender fraud , Cadre deployment , Law courts
- Language: English
- Type: Inaugural lecture
- Identifier: vital:11972 , http://hdl.handle.net/10353/d1007762 , Public procurement , Service delivery , Corruption , Tender fraud , Cadre deployment , Law courts
- Description: As the country concludes the second decade since the dawn of the new democratic dispensation in South Africa, there has been an explosion in the magnitude and intensity of service delivery related protest in the entire country. Such grumbling actions are a sign of the perceived growing frustration of the citizens of the failure of their government to provide service to them or a situation catalysed by the “enemies of the state”?. The governing party has to reflect on its policies and practices so as to rectify these in line with satisfying the citizens since these are the voters-cum-tax payers. Ironically, the protests related to service rendering are more frequent in the strongholds of the governing party, a situation which has led to some scholars handpicking the cadre deployment policy of the governing party as a failure. There are various incidences where residents or citizens had to take to the streets in protest of the manner in which the government has addressed the plight of the ordinary citizens. Some of these protests have turned into running battles between the residents and the police, sometimes even leading to death of protestors. One case in point is the death in Ficksburg of Andres Tatane on the 13 of April 2011, a protester from rubber bullet wounds in the Free State Province. The death has also been labelled a failure on the side of the police, same as those of the Marikana miners and the Mozambican Mido Macia on the 27 of February 2013, who also succumbed to police inflicted injuries. This paper probes the outcomes of elections and service delivery in the wake of the protracted rise in public service delivery protests. The paper also provides some recommendations which the governing parties can consider in reshaping its mandate and policies aimed at elimination the frequency of Public protest everywhere in the country.
- Full Text:
- Authors: Ijeoma, Edwin Okechukwu Chikata
- Subjects: Public procurement , Service delivery , Corruption , Tender fraud , Cadre deployment , Law courts
- Language: English
- Type: Inaugural lecture
- Identifier: vital:11972 , http://hdl.handle.net/10353/d1007762 , Public procurement , Service delivery , Corruption , Tender fraud , Cadre deployment , Law courts
- Description: As the country concludes the second decade since the dawn of the new democratic dispensation in South Africa, there has been an explosion in the magnitude and intensity of service delivery related protest in the entire country. Such grumbling actions are a sign of the perceived growing frustration of the citizens of the failure of their government to provide service to them or a situation catalysed by the “enemies of the state”?. The governing party has to reflect on its policies and practices so as to rectify these in line with satisfying the citizens since these are the voters-cum-tax payers. Ironically, the protests related to service rendering are more frequent in the strongholds of the governing party, a situation which has led to some scholars handpicking the cadre deployment policy of the governing party as a failure. There are various incidences where residents or citizens had to take to the streets in protest of the manner in which the government has addressed the plight of the ordinary citizens. Some of these protests have turned into running battles between the residents and the police, sometimes even leading to death of protestors. One case in point is the death in Ficksburg of Andres Tatane on the 13 of April 2011, a protester from rubber bullet wounds in the Free State Province. The death has also been labelled a failure on the side of the police, same as those of the Marikana miners and the Mozambican Mido Macia on the 27 of February 2013, who also succumbed to police inflicted injuries. This paper probes the outcomes of elections and service delivery in the wake of the protracted rise in public service delivery protests. The paper also provides some recommendations which the governing parties can consider in reshaping its mandate and policies aimed at elimination the frequency of Public protest everywhere in the country.
- Full Text:
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