A review of the actuaries' capitalisation rate from an economic perspective
- Authors: Turner, Jason
- Date: 2006
- Subjects: Macroeconomics , Keynesian economics , Insurance -- Mathematics , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic policy
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:992 , http://hdl.handle.net/10962/d1002727 , Macroeconomics , Keynesian economics , Insurance -- Mathematics , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic policy
- Description: The purpose of this paper was to evaluate if the macroeconomic change that has occurred in the South African economy since the 1980s has been significant enough to justify a re-examination of the actuaries’ capitalisation rate, due to its formulation processes dependence on the macroeconomic situation. The need for the reexamination arises from the use of the capitalisation in the calculation of lump sum awards where even a small change in the rate can have a significant impact on the value of the final award. In order to address the issue an examination of how Keynesian expectations are formulated and an examination of the Government’s macroeconomic policy was conducted to provide the foundation. On this foundation, a trend analysis of the major groups of financial instruments, as well as the current outlooks for the South African economy, was conducted to determine if there was any indication of a significant change in the macroeconomic conditions. The results of the analysis provided a compelling case for the urgent need for the actuaries’ capitalisation rate to be recalculated to account for the changed economic situation.
- Full Text:
- Date Issued: 2006
- Authors: Turner, Jason
- Date: 2006
- Subjects: Macroeconomics , Keynesian economics , Insurance -- Mathematics , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic policy
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:992 , http://hdl.handle.net/10962/d1002727 , Macroeconomics , Keynesian economics , Insurance -- Mathematics , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic policy
- Description: The purpose of this paper was to evaluate if the macroeconomic change that has occurred in the South African economy since the 1980s has been significant enough to justify a re-examination of the actuaries’ capitalisation rate, due to its formulation processes dependence on the macroeconomic situation. The need for the reexamination arises from the use of the capitalisation in the calculation of lump sum awards where even a small change in the rate can have a significant impact on the value of the final award. In order to address the issue an examination of how Keynesian expectations are formulated and an examination of the Government’s macroeconomic policy was conducted to provide the foundation. On this foundation, a trend analysis of the major groups of financial instruments, as well as the current outlooks for the South African economy, was conducted to determine if there was any indication of a significant change in the macroeconomic conditions. The results of the analysis provided a compelling case for the urgent need for the actuaries’ capitalisation rate to be recalculated to account for the changed economic situation.
- Full Text:
- Date Issued: 2006
The prospects for industrialisation in the new South Africa : inaugural lecture delivered at Rhodes University
- Authors: Bell, Robert Trevor
- Date: 1990-10-17
- Subjects: South Africa -- Industries , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic conditions
- Language: English
- Type: Text
- Identifier: vital:597 , http://hdl.handle.net/10962/d1020666 , ISBN 0868102121
- Description: Inaugural lecture delivered at Rhodes University , Rhodes University Libraries (Digitisation)
- Full Text:
- Date Issued: 1990-10-17
- Authors: Bell, Robert Trevor
- Date: 1990-10-17
- Subjects: South Africa -- Industries , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic conditions
- Language: English
- Type: Text
- Identifier: vital:597 , http://hdl.handle.net/10962/d1020666 , ISBN 0868102121
- Description: Inaugural lecture delivered at Rhodes University , Rhodes University Libraries (Digitisation)
- Full Text:
- Date Issued: 1990-10-17
Aspects of the theory of human capital and its application to South African economic development
- Authors: Bates, Terrence
- Date: 1974
- Subjects: Human capital -- South Africa , South Africa -- Economic conditions -- 1961-1991
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1064 , http://hdl.handle.net/10962/d1007608 , Human capital -- South Africa , South Africa -- Economic conditions -- 1961-1991
- Description: Human capital is an important economic concept. The significance of human resource development, in the form of both education and health, has long been realised and was stressed even in the writings of the early economists. Introduction, p.1
- Full Text:
- Date Issued: 1974
- Authors: Bates, Terrence
- Date: 1974
- Subjects: Human capital -- South Africa , South Africa -- Economic conditions -- 1961-1991
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1064 , http://hdl.handle.net/10962/d1007608 , Human capital -- South Africa , South Africa -- Economic conditions -- 1961-1991
- Description: Human capital is an important economic concept. The significance of human resource development, in the form of both education and health, has long been realised and was stressed even in the writings of the early economists. Introduction, p.1
- Full Text:
- Date Issued: 1974
Understanding policy making and policy implementation with reference to land redistribution in South Africa : case studies form the Eastern Cape
- Mbokazi, Nonzuzo Nomfundo Mbalenhle
- Authors: Mbokazi, Nonzuzo Nomfundo Mbalenhle
- Date: 2015
- Subjects: Land reform -- South Africa -- Eastern Cape , Land reform -- Law and legislation -- South Africa , Land reform -- Case studies , Agriculture and state -- South Africa , South Africa -- Economic conditions -- 1918-1961 , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic conditions -- 1991- , Reconstruction and Development Programme (South Africa)
- Language: English
- Type: Thesis , Masters , MSocSc
- Identifier: vital:3394 , http://hdl.handle.net/10962/d1018197
- Description: This thesis focuses on land reform in post-apartheid South Africa and specifically on land redistribution, as one of the main pillars of land reform. There have been many studies undertaken on land redistribution in South Africa and these studies offer deep criticisms of the prevailing land redistribution model (a market-led, but state-assisted model) and the ways in which this model has failed to meaningfully address colonial dispossession of land. Further, studies have focused on post-redistribution livelihoods of farmers and the many challenges they face. One significant gap in the prevailing literature is a sustained focus on the state itself, and particularly questions around policy formation and implementation processes pertaining to land redistribution. Delving into policy processes is invariably a difficult task because outsider access to intra-state processes is fraught with problems. But a full account of land redistribution in South Africa demands sensitivity to processes internal to the state. Because of this, it is hoped that this thesis makes a contribution to the existing South African land redistribution literature. In pursuing the thesis objective, I undertook research amongst farmers on selected redistributed farms outside Grahamstown in the Eastern Cape, as well as engaging with both current and former state land officials. Based on the evidence, it is clear that the policy process around land in South Africa is a complex and convoluted process marked not only by consensus-making and combined activities but also by tensions and conflicts. This, I would argue, is the norm with regard to what states do and how they work.
- Full Text:
- Date Issued: 2015
- Authors: Mbokazi, Nonzuzo Nomfundo Mbalenhle
- Date: 2015
- Subjects: Land reform -- South Africa -- Eastern Cape , Land reform -- Law and legislation -- South Africa , Land reform -- Case studies , Agriculture and state -- South Africa , South Africa -- Economic conditions -- 1918-1961 , South Africa -- Economic conditions -- 1961-1991 , South Africa -- Economic conditions -- 1991- , Reconstruction and Development Programme (South Africa)
- Language: English
- Type: Thesis , Masters , MSocSc
- Identifier: vital:3394 , http://hdl.handle.net/10962/d1018197
- Description: This thesis focuses on land reform in post-apartheid South Africa and specifically on land redistribution, as one of the main pillars of land reform. There have been many studies undertaken on land redistribution in South Africa and these studies offer deep criticisms of the prevailing land redistribution model (a market-led, but state-assisted model) and the ways in which this model has failed to meaningfully address colonial dispossession of land. Further, studies have focused on post-redistribution livelihoods of farmers and the many challenges they face. One significant gap in the prevailing literature is a sustained focus on the state itself, and particularly questions around policy formation and implementation processes pertaining to land redistribution. Delving into policy processes is invariably a difficult task because outsider access to intra-state processes is fraught with problems. But a full account of land redistribution in South Africa demands sensitivity to processes internal to the state. Because of this, it is hoped that this thesis makes a contribution to the existing South African land redistribution literature. In pursuing the thesis objective, I undertook research amongst farmers on selected redistributed farms outside Grahamstown in the Eastern Cape, as well as engaging with both current and former state land officials. Based on the evidence, it is clear that the policy process around land in South Africa is a complex and convoluted process marked not only by consensus-making and combined activities but also by tensions and conflicts. This, I would argue, is the norm with regard to what states do and how they work.
- Full Text:
- Date Issued: 2015
The economic structure of the Cape Midlands and Karroo Region : a sectoral and spatial survey
- Authors: Blumenfeld, Jesmond P
- Date: 1974
- Subjects: South Africa -- Economic conditions -- 1961-1991 , Regional planning -- South Africa -- Cape Province
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:1066 , http://hdl.handle.net/10962/d1007660 , South Africa -- Economic conditions -- 1961-1991 , Regional planning -- South Africa -- Cape Province
- Description: [The] region, as defined, excludes not only these metropolitan areas themselves but also the inner peripheries of their hinterlands. Thus, virtually all areas within regular (i. e. daily) commuting distance of the metropolitan centres, and all areas into which urban development in the latter might 'spill over' in the foreseeable future are excluded. In the case of Metropolitan Port Elizabeth, these exclusions are reflected in the roughly 'crescent-shaped' southern boundary of the region. The situation of the region can further be described in terms of its major physiographic features which reveal a number of factors which are also of importance for understanding and analysing the economy of the area. Intro., p. 1.
- Full Text:
- Date Issued: 1974
- Authors: Blumenfeld, Jesmond P
- Date: 1974
- Subjects: South Africa -- Economic conditions -- 1961-1991 , Regional planning -- South Africa -- Cape Province
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:1066 , http://hdl.handle.net/10962/d1007660 , South Africa -- Economic conditions -- 1961-1991 , Regional planning -- South Africa -- Cape Province
- Description: [The] region, as defined, excludes not only these metropolitan areas themselves but also the inner peripheries of their hinterlands. Thus, virtually all areas within regular (i. e. daily) commuting distance of the metropolitan centres, and all areas into which urban development in the latter might 'spill over' in the foreseeable future are excluded. In the case of Metropolitan Port Elizabeth, these exclusions are reflected in the roughly 'crescent-shaped' southern boundary of the region. The situation of the region can further be described in terms of its major physiographic features which reveal a number of factors which are also of importance for understanding and analysing the economy of the area. Intro., p. 1.
- Full Text:
- Date Issued: 1974
- «
- ‹
- 1
- ›
- »