1 / 93

South Africa: - A Socio-Economic Perspective

South Africa: - A Socio-Economic Perspective. Presented by: Dawie Roodt SAIIE Conference 13 September 2007. Through the Eyes of the World. Source: The Economist January 20-26, 2007 Full page advertisements (Est. Cost: £87,500). The Opposition p. 15. The Home Team p. 17.

conan-gates
Download Presentation

South Africa: - A Socio-Economic Perspective

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. South Africa:- A Socio-Economic Perspective Presented by: Dawie Roodt SAIIE Conference 13 September 2007

  2. Through the Eyes of the World Source: The Economist January 20-26, 2007 Full page advertisements (Est. Cost: £87,500)

  3. The Oppositionp. 15

  4. The Home Teamp. 17

  5. Value for Money? But why say it?

  6. 2007:Economic Overview

  7. GDP at Market Prices Source: StatsSA and own calculations

  8. GDP Source: StatsSA and own calculations

  9. Relative size to GDP Source: StatsSA and own calculations

  10. Fiscal Policy

  11. Background Gold

  12. Background Source: SARB and own calculations

  13. Background

  14. Monetary Policy

  15. Interest rates

  16. Interest rates

  17. Inflation

  18. Inflation 14.6% Inflation bracket 10.0% 5.2% Source: StatsSA and own calculations

  19. Debt Levels

  20. Credit Extension Source: SARB and own calculations

  21. Household debt to disposable income 59.4% 56.9% 50.2% 44.5% Source: SARB and own calculations

  22. Savings to disposable income of households 9.2% 5.4% 2.6% 0.5% Source: SARB and own calculations

  23. Balance of Payments

  24. Balance of Payments Source: SARS and own calculations

  25. Business and Employment

  26. Average Wage Settlements and the Inflation Rate, 1985-2004 Source: South Africa Survey 2004/2005; Andrew Levy Employment Publications

  27. Mandays Lost as Result of Strikes and Lockouts, 1980-2004 Two large strikes in mining and transport sectors Source: South Africa Survey 2004/2005; Andrew Levy Employment Publications

  28. Strikes by Sector,% of Total Manday Lost (2004) Source: South Africa Survey 2004/2005; Andrew Levy Employment Publications

  29. Capital Expenditure First Picture of Cape Town’s New Stadium:

  30. Capital Expenditure

  31. Economic Impact of the 2010 FIFA World Cup • Direct expenditure of R30.4bn • R15.6bn to be spent by expected 350,000 tourists • Contribute R51.0 billion to the GDP of South Africa (2006-2010) • Generate the equivalent of 159 000 annual jobs • Additional R7,2 billion will be paid to Government in taxes. Source: Gauteng Tourism Authority and Grant Thornton (Financial mail)

  32. Problems: Debt Levels Tax levels Unemployment Crime AIDS Skills State inefficiency Summary Positives: • Strong GDP growth • State debt at more sustainable level • More stable interest rate • Capital expenditure plans

  33. South Africa, Africa and the Rest

  34. Percentage of World GDP ‘06 Source: World Bank

  35. GDP per Capita, 1970-2006 Source: UN

  36. Productivity LevelsOutput per worker, constant US$2000 (PPP) Source: ILO Global Employment Trends Model *2006 preliminary ILO estimates

  37. Socio-Economic Development

  38. Close-up on South Africa Source: Unesco and World Bank Development Indicators

  39. Social Services Expenditure

  40. Social Services Expenditure

  41. Social Services Expenditure as % of Total Expenditure Source: Various Budgets and own calculation

  42. Human Poverty Index (HPI): Developing Countries (HPI-1),2004 Mali South Africa 2004 South Africa(1998) Average: 30 Cuba Median: 27 Source: Human Development Report, 2006 (undp.org)

  43. Health

  44. Healthy Spending… ? 2007 Budget: R7.2bn more for HIV-Aids, hospitals and salaries of health workers

  45. Healthy Spending as % GDP Source: Various Budgets

  46. Public Expenditure on Health Comparison (2003-04) Iceland Cuba Malawi South Africa (‘04&’06) Average: 3.5 South Africa (’07) Median: 3.0 Myanmar Source: Human Development Report, 2006 (undp.org)

More Related