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The process of financial integration has increased the exposure of South African financial markets to foreign financial crises. This paper contributes to the understanding of crisis transmission by evaluating several hypotheses that claim to explain how financial crises are transmitted to South...
Persistent link: https://www.econbiz.de/10005619374
Most historians regard the Cape Colony of the seventeenth and eighteenth centuries as an impoverished and destitute settlement, primarily because of the many restrictions and prohibitions enforced by the Dutch East India Company, who founded the Cape settlement as a refreshment station for its...
Persistent link: https://www.econbiz.de/10008563366
This article develops an analytical framework that can be used to assess competition in South African telecommunications and, thereafter, applies this framework in an evaluation of vertical integration patterns in the telecommunications industry. It is shown that, despite recent regulatory...
Persistent link: https://www.econbiz.de/10014196795
A number of South African price-fixing cases have been brought in markets previously characterized by legal cartels or monopolies. Furthermore, many South African markets have been liberalized since 1994, reflected in structural change in many market relationships and rendering many of the...
Persistent link: https://www.econbiz.de/10012999605
The process of financial integration has increased the exposure of South African financial markets to foreign financial crises. This paper contributes to the understanding of crisis transmission by evaluating several hypotheses that claim to explain how financial crises are transmitted to South...
Persistent link: https://www.econbiz.de/10013146396
The paper describes cyclicality in a range of local and international financial variables and their relation to cyclical behaviour in the South African real economy. Cycles are derived using a dating algorithm similar to that used to determine business cycle turning points and falls within the...
Persistent link: https://www.econbiz.de/10013146397