Austerity measures, infrastructure and economic development in South Africa (1996–2019)

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dc.contributor.authorMali, Kukhanyile
dc.contributor.authorSheefeni, Johannes
dc.date.accessioned2024-01-25T08:05:58Z
dc.date.available2024-01-25T08:05:58Z
dc.date.issued2023
dc.description.abstractThe paper aims to establish whether austerity measures promote economic development, improve infrastructure development, and whether they exacerbate infrastructure backlogs. The methodology used is a quantitative research method, sourcing secondary quarterly data from the South African Reserve Bank. The VAR model is used to analyse data between 1994 and 2019. The results showed that austerity measures have a significantly negative role in economic development. Also, they slow down investments that are crucial for infrastructure development. The results also pointed to the exacerbation of infrastructure backlogs caused by austerity measuresen_US
dc.identifier.citationMali, K. and Sheefeni, J., 2023. Austerity Measures, Infrastructure and Economic Development in South Africa (1996–2019). Organizations and Markets in Emerging Economies, 14(1 (27)), pp.56-82.en_US
dc.identifier.urihttps://doi.org/10.15388/omee.2023.14.82
dc.identifier.urihttp://hdl.handle.net/10566/9261
dc.language.isoenen_US
dc.publisherVilnius University Pressen_US
dc.subjectAusterityen_US
dc.subjectInfrastructure developmenten_US
dc.subjectEconomic developmenten_US
dc.subjectFiscal policyen_US
dc.subjectNeoliberalismen_US
dc.titleAusterity measures, infrastructure and economic development in South Africa (1996–2019)en_US
dc.typeArticleen_US

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