The paper entitled Macroeconomic Risks after a Decade of Microeconomic Turbulence by Ricardo Hausmann, Federico Sturzenegger, Patricio Goldstein, Frank Muci, and Douglas Barrios was published in January 2022. To access the paper, please click here. Hausman et al (2022) point out that empirical estimates of fiscal multipliers in South Africa have varied markedly, Fiscal multipliers measure the impact of increased […]
This is the title of a chapter I wrote for the recently published Oxford Handbook of the South African Economy. This is a very comprehensive publication with 47 chapters covering a wide variety of topics relating to the political economy, the primary sectors, energy, the environment, trade industry, regulation, the labour market, distribution, social policy, and the macroeconomy. In the […]
From an economics perspective, the COVID-19 shock is unprecedented and very different from other global financial shocks. For the first time since the 1918 Spanish flu epidemic, the South African economy has been hit by real supply and demand shocks that have struck both domestic production and global supply chains, and simultaneously depressed demand in both the domestic and global […]
This video features an animated mind map which analyses the impact of the coronavirus pandemic on the South African economy. It was produced for the 2021 Public Economic Winter School which was hosted by GTAC (the Government Technical Assistance Centre) in August 2021. It was fun working with an animator for the first time. Videos like these are a great […]
I collaborated with the GTAC (Government Technical Assistance Centre) in the National Treasury to create this little video of the timeline of corona virus pandemic from its inception in South Africa around March 2020 to August 2021, for the 2021 GTAC Public Economics Winter School. Enjoy!