KZN Provincial Treasury Implication of Global Economic Developments on National and Provincial Economics:Macro Indicators
2012-11-12
The primary-products economy has come "uncoupled" from the industrial economy.
In the industrial economy itself, production has come "uncoupled" from employment.
Capital movements rather than trade (in both goods and services) have become the driving force of the world economy. The two have not quite come uncoupled, but the link has become loose, and worse, unpredictable.
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Global Developments - 2.9 Mb
Dr Clive Coetzee
General Manager: Infrastructure Management and Economic Services
KZN Provincial Treasury
Economist (PhD UKZN)
033 897 4538
http://www.kzntreasury.gov.za/