The rise af savings banks in Schleswig

Abstract

This survey of the history of the North Schleswig savings banks is published in connection with the 150th anniversary of the foundation of Senderborg Bys Sparekasse, Thanks to his connection with the province concerned and his earlier academic work.¹ the author is well qualified for a task demanding extensive knowledge and understanding of the special conditions of North Schleswig.     

Land measurement and land valuation in medieval Denmark

Abstract

The art of surveying is old in Denmark. In prehistoric times man already knew how to survey arable land and knew that a piece of land of known measurements could be sown with a certain amount of seed. When one considers the mathematical accuracy with which the recently excavated fortifications from the Viking Age at Trelleborg in Zealand and Aggersborg and Fyrkat in Jutland were constructed. with all measurements in Roman feet. there is nothing surprising in the fact that the farmers of the time could measure the sowing areas of their fields with great accuracy.     

Brita Lundström,Grundat 1876: Historia och företagsidentitet inom Ericsson

Abstract

Denmark in the late 1800s experienced drastic urbanisation. According to the 1901 census just on 40 per cent of the steeply rising population lived in the towns, which meant that numbers had doubled in the course of half a century. The capital, Copenhagen, with a population of approximately half a million in 1901, bore the brunt of this but the provincial towns could also show considerable growth. With approximately 50,000 inhabitants, Arhus, the largest town in Jutland by 1380, had by 1901 also become the largest town in the provinces, almost equally as the result of net immigration and of the natural excess of births over deaths.     

Policy and trade issues for a future regional biofuels market in Southern Africa

ABSTRACT

This paper reviews the domestic political and legislative context surround biofuels initiatives to highlight what opportunities exist for establishing a biofuels trade network between South Africa (as an anchor market) and its neighbours, specifically in Zambia and Mozambique. By analysing global developments in major biofuel importers, reasons for policy inertia in South Africa, and recent experiences with biofuels investments, we suggest that the likelihood for a regional biofuels market developing is slender without addressing land-related challenges in producer countries and revising South Africa’s domestic legislation.     

Higher education,employment and economic growth: Exploring the interactions

ABSTRACT

This article interrogates the impact and nature of South Africa’s post-apartheid economic growth performance through the lens of human capital investment with a particular emphasis on higher education. The South African economy has been characterised by a skills-biased trajectory, ensuring jobs for the better educated. By differentiating between tertiary and vocational training, we find that further education and training (FET) graduates are almost as likely to be employed as school leavers without higher education. We analyse the extent to which the educational attainments of labour affect the nature and trajectory of economic growth in South Africa, by estimating Olley and Pakes’ two-stage regression on a modified Cobb–Douglas production function. The results indicate that the degree cohort contributes to economic growth whilst other higher education institutions, including FET colleges, do not productively contribute to economic growth.     

Estimating the future health care cost of population aging in South Africa

ABSTRACT

This paper analyses the relationship between health care expenditure and population aging in South Africa using yearly data from 1983 to 2015. Empirical evidence from an Autoregressive Distributed Lag approach to cointegration indicates that old dependency and life expectancy are major drivers of public health expenditure in South Africa besides the income. Particularly, when structural breaks are controlled for, income exhibits a long-term elasticity with respect to health spending greater than unity; suggesting that South African public health care has become a luxury good over time. Interestingly, South African public health spending is found to be responsive to demographic development only in the long run. This is consistent with the micro evidence that health expenditure increases with individual age with significant impacts in the long term. Finally, using economic and demographic projections statistics, we find that public health expenditure could roughly double in the next fifteen years ceteris paribus.     

A tale of two Italies: ‘access-orders’ and the Italian regional divide

ABSTRACT

This paper uses the ‘access orders’ paradigm developed by North, Wallis, and Weingast [(2009). Violence and social order: A conceptual framework for interpreting recorded human history. Cambridge: Cambridge University Press] to analyse the case of the Italian North–South economic divide. In line with their framework, we collect and discuss several social and political indicators over the long-run, at the regional level. Firstly we looked at data on the pre-conditions for the establishment of an open-access order, such as murders per capita (a proxy for control over violence), voting turnout and referendums participation (proxies for political legitimacy), and the impersonality of exchange. We then showed evidence of different access orders in the North and in the South, using the information on human capital formation, women participation in the labour market, and referendum results. On the basis of this evidence, we argue that, despite being part of the same State and subject to the same formal institutions, the North of the country progressively developed into an open-access order, while the South remained a form of limited access order.

Institutional differences are linked to specific aspects of the economic performance of the two areas, thus the ‘access order’ paradigm appears to be an effective conceptual scheme to explain the North–South economic divide.     

Homelessness in Pretoria: Exploring the survival challenges of the homeless and their right to the city

ABSTRACT

This article documents the biographies of 60 homeless people from a range of different backgrounds in South Africa’s capital city of Pretoria. The article focuses on their right to the city and how the lack thereof affects their daily lives. It explores the challenges they face on a daily basis and the different strategies they implement in mitigating these challenges.     

Vertical Specialization and New Determinants of FDI: Evidence from South and East Asia

Abstract

By estimating a dynamic panel-gravity model of bilateral foreign direcr investment (FDI), this article investigates the location determinants of inward FDI in South and East Asia and assesses their short-run and long-run effects. The econometric results highlight the importance of the vertical specialization-, trade-, and international integration-related location factors. The gravity-specific variables are also found to be significant location determinants, whilst some of the traditional determinants are found to have either a weak or statistically insignificant effect (except host-market size) on inward FDI in South and East Asia.     

Family formation and economic insecurity among youth in South Africa

ABSTRACT

Youth unemployment continues to be a burden and concern for the South African government. Being economically insecure, the situation is dire with the government needing to provide resources to a population who should be economically independent. There is a need to look at the social determinants of economic insecurity among youth in South Africa. Family formations could either promote or inhibit economic well-being. This article aims to assess whether economic security improves as youth enter into unions and/or have children. The South African National Income Dynamics Study is used. Unmarried youth with no children are measured at baseline (2008) and followed up over time to examine whether economic security status changes as union status changes. Results show that while economic security, employment (from 7.61% to 25.67%) and net income per month (from 19.48% to 32.79%) increase over time, youth who marry but have no children have the lowest risk of economic insecurity (relative risk ratio?=?0.02, p < 0.05) compared with those who remain unmarried but have children. Special attention needs to be given to youth who have children and are unmarried and among those who marry and have children soon after.     

Analysing legal mobilisation’s potential to secure equal access to socioeconomic justice in South Africa

ABSTRACT

From the moment South Africa became a liberal democracy, the Government promised to deliver on social security for the poor. However, South African NGOs have reported that several barriers prevent poor South Africans, and black women in particular, from accessing the country’s social assistance system. Government inaction has compelled NGOs to approach the Courts. As reflected in a series of court judgements, many problems faced by the system relate to the administration of payments by South African and multinational corporations. But is this the complete story?

Applying a critical, analytical lens of legal mobilisation to explain the potential of legal mobilisation to secure progressive structural change, this article will assess the extent to which civic-based, legal advocacy aimed at securing access to social grants, and challenging the manner in which these grants have been administered, has the potential to more strategically advance socioeconomic justice and inequality for South Africa’s poor.     

Household formation and service delivery in post-apartheid South Africa: Evidence from the Agincourt sub-district 1992–2012

ABSTRACT

South Africa has seen a rapid rate of new household formation since 1994. The same period has also seen an impressive roll-out of housing and services. These interact since new household formation delays the elimination of backlogs. Based on data from the Agincourt study site and a novel decomposition technique we examine the process by which household size has been reduced and suggest that service delivery may actually fuel new household formation.     

Johannesburg’s implementation of the National Water Act, 1998 in Soweto,South Africa

ABSTRACT

The Guide to the National Water Act, 1998 (Act 36 of 1998) regards the availability of water as a basic human right. However, local governments seem to struggle to pay for the water they provide to their residents as prescribed in the Water Services Act, 1997 (Act 108 of 1997). This study focused on the domestic provision and consumption of water in Soweto, one of the largest townships in the Johannesburg area of South Africa. Surveys were conducted with 372 respondents from three different socio-economic suburbs in Soweto with the aim to establish their water use perceptions and practices. Study results indicate implementation of the National Water Act is still being resisted by Sowetan households more than two decades after its adoption, due to the difference in expectations of the municipality and the residents regarding rights to water access and responsible usage.     

Maritime trade and economic development in South Ostrobothnia

Abstract

Provincial history has been an object of lively interest in Finland during the last ten years or so. The majority of provinces are planning to have their histories written. Amongst these plans, that for South Ostrobothnia is the most advanced: four large volumes are now complete, covering the history of the region from prehistoric times down to 1809.     

Unshackling the chains of homelessness in the City of Tshwane: A critical appraisal of the current policy in the light of national and local policies and strategies

ABSTRACT

This article provides a critical appraisal of the current Homelessness Policy for the City of Tshwane in the light of national and local policies and strategies. Both a literature review and policy analysis were conducted to attain the main aim of this article. Documents consulted and used in this process included the Constitution of the Republic of South Africa, the Freedom Charter, the National Development Plan 2030 and the Tshwane Vision 2055. The study was prompted by the need to find a lasting solution towards the challenge of homelessness in the City of Tshwane through governmental and non-governmental interventions. Recommendations for the appraisal of the current policy document will be directed to the City Council which is empowered by the provision of the Municipal Systems Act, Act 32 of 2000, Section 11(3) to revise the current policy document.     

Linking IDC finance to structural transformation and inclusivity in post-apartheid South Africa

ABSTRACT

The need for structural transformation and inclusivity in South Africa is urgent, given poor economic growth, employment and equality outcomes. This article examines the role of South Africa’s main industrial finance institution – the Industrial Development Corporation (IDC) – in providing finance for structural transformation and inclusive economic growth post-apartheid. We find that the IDC’s funding has been concentrated in capital-intensive upstream sectors of the economy, with limited concessional finance to facilitate meaningful entry of SMEs into high-value and labour-absorptive downstream sectors. The IDC’s funding model (in being a self-sustainable institution) is a significant constraining factor in this regard. Furthermore, the lack of a purposeful integrated industrial policy strategy which directs investments clearly means that IDC’s funding priorities are not clearly defined.     

Poverty and inequality in South Africa: critical reflections

ABSTRACT

South Africa is a paradox; on the one hand, it is one of the most unequal countries in the world. Half of all South Africans continue to live in poverty, economic growth has stagnated and inflation remains high, while the unemployment rate continues to climb towards 30%. On the other hand, it has one of the most progressive constitutions in the world, with a bill of rights that foregrounds expanded socioeconomic rights. We provide an overview of the latest statistics on poverty and inequality in light of overarching economic policies, and the socioeconomic guarantees of the Constitution. We argue that South Africa’s inability to meaningfully address the high levels of inequality is due to insufficient attention to the way power reproduces inequality. We present a definition of power that includes social and market power, and emphasise the importance of a theory of power in understanding the reproduction of inequality.     

Latin American multinationals: A historical and theoretical approach*

Among the so‐called multinationals from the South, Latin American multinationals are outstanding for being pioneers. Their history goes even back to the end of the 19th century. In this article, we sketch a brief history of Latin American multinationals, but we concentrate on their development and growing importance since the 1980s within the context of economic reforms and globalization. We then apply a theoretical and typological perspective in order to characterize these multinational companies and to identify the elements that will condition their future behavior and development     

Advancing heritage tourism in the central Karoo: The South African War Battlefields Route

ABSTRACT

Tourism and tourism development have the potential to make a positive impact on a region’s economic development and sustainability. In this sense, the central Karoo has a great deal to offer heritage tourists. As there are numerous battlefield sites associated with the South African War (1899–1902) (previously the Anglo-Boer War) the central Karoo offers a unique development opportunity to demarcate a designated battlefield route dedicated to the war. This study investigated the potential for the development of the proposed route by involving potential stakeholders (specifically product owners and government officials) on the route. The study was qualitative, and 33 interviews were conducted. Thematic content analysis was used to analyse the data. The main findings indicate a need for the development of the route and the establishment of a South African War Battlefields Route Destination Marketing Organisation (DMO).     

The South African brain drain: An empirical assessment

There is no reliable data on the extent of South African skilled emigration and return migration. Statistics South Africa stopped collecting emigration data more than a decade ago. This paper provides data from the turn of the century collected in the countries to which South Africans emigrate. It first provides detailed data on emigration to the United Kingdom, Australia, New Zealand, Canada and the United States – the main destinations for emigrants from South Africa. It then provides estimates for the United Arab Emirates. Finally, it presents data for twenty-five other OECD countries. By contrast with widespread claims that there has been a very large brain gain as South Africans have returned following the global financial crisis, it shows that there was still a net brain drain, albeit at a slower pace. The most recent data suggest that the rate of emigration may be accelerating again.

Abbreviations: OECD: Organisation for Economic Co-operation and Development