South Africa: Selected Economic Issues

IMF Staff Country Reports, July 18, 1996

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South Africa: Selected Economic Issues

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Bibliographic details

• Published: July 18, 1996
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451840926.002

Overview and growth findings

• Examines economic development in South Africa during 1995–96.
• In 1995, the economy of South Africa grew by 3.3 percent, the third consecutive year of economic growth.
• Growth in 1996 is expected to be between 3½ and 4 percent.

Unemployment and labor market

• Some aspects of the unemployment problem are addressed in this paper.

Policy implications and trade orientation

• Focuses on the implications for policy of the steps taken in 1994 and 1995 to establish an outward-oriented economy after many years of effective autarky.