(pp.215-223) G. G. A. Mohamed ‘A test of the interruption of foreign borrowing on a target small open economy’, World Sustainable Development Outlook, 2004


Abstract: This paper examines a simple open economy version of both the Solow and the Ramsey growth models. In addition, it undertakes a linear intervention analysis to examine the effect of the financial embargo on the time path of the economic growth rate of South Africa. Based on both the theoretical and the empirical models, the writer concludes that the financial embargo of 1986-1991 on South Africa had only a temporary negative effect on the time path of the economic growth rate of the country.
Keywords: International economic growth; exogenous growth models; economic sanctions; South Africa.

19- GHADA-Itemid=.pdf
19- GHADA-Itemid=.pdf

Please note, you need to be a WASD member to login and download publications. Logged-in members will see a 'Download' button in the box above.

If you do not have a login, you can register to become a member.

If you are are already a member, please login below.


Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.