How global financial cycles shape South Africa’s economy
By Tiyiselani Precious Miyambu
Global financial conditions have a significant effect on the stability of the South African economy, according to a recent study by two researchers from the North-West University (NWU).
In their study on the influence of global financial cycles on South Africa’s financial cycle, Prof Precious Mncayi Makhanya and Khwazi Magubane from the School of Economic Sciences on the NWU’s Vanderbijlpark campus, examined the impact of global capital flows, asset prices and investor risk sentiment.