South Africa: Selected Economic Issues
Summary:
This Selected Economic Issues paper examines economic developments in South Africa during 1993–94. After a cumulative fall of 3.5 percent between 1989 and 1992, GDP at market prices grew by 1.1 percent in 1993. The major contribution to growth came from the turnaround in the inventory cycle, with positive investment in inventories recorded for the first time since 1989. Private consumption expenditure remained subdued in 1993, rising by only 0.5 percent; by contrast, public consumption grew by 1.8 percent in 1993.
Series:
Country Report No. 1995/021
Subject:
Average effective tax rate Credit Labor Labor taxes Marginal effective tax rate Money Tax policy Taxes Wages
Notes:
This report on selected economic issues in South Africa was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
English
Publication Date:
March 1, 1995
ISBN/ISSN:
9781451840919/1934-7685
Stock No:
1ZAFEA0011995
Pages:
189
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