Showing posts with label South Africa. Show all posts
Showing posts with label South Africa. Show all posts

Friday, December 12, 2014

The Youth of the World! Its a World of words!!!

IMF  release  of South Africa:
Unemployment remains high at 25.5 percent.

Look at the solution suggested: 

"Given the risks facing the outlook and reduced policy space, (IMF) Directors called for decisive structural reforms to unblock supply-side constraints, lift growth, and rebalance the economy towards exports and investments."

Words! Well prepared draft! Specifics?

http://www.imf.org/external/np/sec/pr/2014/pr14561.htm?hootPostID=bf4b34ad9c16a25310386c70dc52c08b

Monday, October 27, 2014

A Tale of 2 Emerging Economies: Brazil & India

Brazil decided to  travel left of center.
India chose to travel right of center.
Brazil has to reassure markets, and Brazil might be sold off for a few sessions unless there are strong statements.
India, post election looks a winner. With the reforms back slowly though, on course, India is sought after by other economies as a potential growth area.
Brazil will face foreign investors exiting. If Mexico (1994) is an example, the nationals will leave before the foreigners!. Brazil losses have to be recouped elsewhere.

So BRICS is weakened a shade: China slowing, South Africa under gold declines, and Russia affected by oil declines and Ukrainian politics.