Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Economic issues for a country in Africa - Annotated Bibliography Example

Comments (0) Cite this document
(2012, October 14). Troubles in South Africa’s mining sector start to affect the economy - Telegraph. - Telegraph online, Daily Telegraph, Sunday Telegraph - Telegraph. Retrieved January 31, 2013, from…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Economic issues for a country in Africa
Read Text Preview

Extract of sample "Economic issues for a country in Africa"

Download file to see previous pages They further stated that the nation’s credit ratings have been decreased by both S&P and Moody’s rating agencies and this has happened for the first time since the apartheid ended. S&P stated that they have decreased their ratings as a feedback to the strikes and the uncertainty of the political conditions of South Africa. The article further asserts that a huge part of the workforce and in accordance to the findings of the Deutsche Bank, 30% of the total mining workers are at strike. The Bank has even made a calculation of decline in the GDP that is targeted to decline by 2.5% if the strikes continue. The mining industry happens to be the backbone of South Africa and it is a huge producer and exporter of minerals such as palladium and platinum. These strikes pose a very significant issue to the economy of South Africa as the 50% of the exports gained by South Africa are backed by mining industry. These strikes are not only impacting the nation in a negative manner, the effect has been experienced by nations that import minerals from South Africa as an example of Anglo American company has been stated that has experienced reduction in production as a result of these strikes. South Africa’s strikes in the mining sector has increased concerns for people all over the world as these strikes have entered different areas of mining such as coal, gold and metal.
The most interesting point of this article is that issues that are caused in one nation do not only impact the nation in a negative manner, they even impact other nations around the globe. For example: in this article the strikes conducted by the South African miners have negatively impacted industries that acquire minerals and commodities from South Africa. If the South African strikes continue to exist, they will not only impact the South African economy, they will ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
(“Economic issues for a country in Africa Annotated Bibliography”, n.d.)
Retrieved from
(Economic Issues for a Country in Africa Annotated Bibliography)
“Economic Issues for a Country in Africa Annotated Bibliography”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic issues for a country in Africa

Economic Issues of KFC

...?Running Head: Economic Issues of KFC Economic Issues of KFC [Institute’s Economic Issues of KFC Introduction The recession that started with a real estate crisis, bursting of housing bubble, unrealistic credit conditions and liquidity crisis in the United States, spread like a wild fire to almost all the economies in the world, converting national financial crunch of the United States into a global financial recession. Experts believe that this recession is the worst economic recession since the great depression of 1930s (Davies, pp. 314-315, 2010). Within no time, the economy of United Kingdom also showed signs of slowdown and this is was the first time in the history of United Kingdom that the country was suffering from an economic...
8 Pages (2000 words) Essay

UKs Economic Issues

...? (UK’s Economic Issues) Presented To By (Insert Question 1a Unemployment in the UK Economic Performance for the Past Five Years The state of unemployment in any given country has a number of impacts in a country’s economy. Uk has not been spared on this issue either. Though the statistics for the last five years have shown a declining trend, fluctuations have been observed. These effects have been not had a positive impact on the economy of UK. Policies have been developed to curb the situation but still it has continued to persist. As per now in accordance to the latest labour statistics from the office of statistics shows that the rate of unemployment stands at 7.8%. This percentage is still deemed high having in mind the fact that UK...
5 Pages (1250 words) Essay

Economic Issues For HMOs

...? Economic Issues of HMOS Introduction Medical insurance and health costs have enhanced by 4% in the last few decades, showing how demand for it has risen amongst masses (Manning et al., pp. 251). Castor insurance is engaged in providing various insurance services to employees of its corporate clients. One of these clients, Constructit, has decided to avail service of medical insurance for its personnel. The ideal plan for any insurance entity is the one which provides maximum revenue for the least amount of corresponding risk borne (Zeckhauser, pp. 10). As a representative of Castor, I am responsible for analyzing and providing optimal solution to my employer which generates most favorable utilization, maximizes its profits...
4 Pages (1000 words) Essay

Poverty in Africa the oil-rich Country

... grows poorer. It is estimated that the government collected more than $10 billion in oil revenues in 2005 and this amount expected to go higher as the production peaks. But the riches are not evenly spread. More than 70% Angolans are still under poverty line. Nigeria is the largest oil producer in Africa and has huge oil serves but it has also set records for corruption. Nigerian government’s anticorruption wing, the economic and financial crimes commission calculates that between 1960 and 1999, the countries rulers stole $400 billion in oil reserves. In the last 47 years, Nigeria lost one million people due to civil war as they mostly fought to control oil-rich areas. It has also seen 30 years of military rules with six coups in 47 years...
4 Pages (1000 words) Essay

Global Economic Issues

...Global Economic Issues Introduction Free market ideologues have been advocating a fundamentally dissociative approach to international finance in particular and globalization in general (Held and McGrew, 2007). Of equal fundamental importance is the strategic significance of the operational and competitive environments of the public and private international financial services organizations. The theoretical constructs on globalization have been varied and complex. This diversity has injected a considerable amount of controversy and conjecture into the current discourse on the subject though. Financial services organizations that act in the international arena in facilitating financial flows between lenders and borrowers have...
10 Pages (2500 words) Essay

Current economic issues

... Lecturer: Current Economic Issues The book Current Economic Issues is based on the contemporary events that have shaken the global economic sphere; this in the last decade or so, from the disintegration of the new economy to the buildup of a war-based economy. This is the eighth edition to a series of well articulated and synthesized texts on American vis-à-vis global economic and political happenings. It is invaluable in its in-depth analysis of the global economics of today; this from the micro-economy to the macro-economy of the USA in relation to the global arena. Its forty six articles are critical in the debunking of the myriad of economic myths that are broadcasted by the press; while at the same time offering progressive...
11 Pages (2750 words) Book Report/Review

Economic issues

... Economic Issues Price discrimination entails charging different prices to different s depending on their willingness to pay. The main reason for price discrimination is for firms to be able to rack in more revenue owing to different prices for products produced at similar costs (Dobson and Goddard, 168). Charging $150 per ticket for 50-yard-line tickets in the lower deck and $50 per ticket for upper-deck tickets overlooking the end zone by a professional team is price discrimination. This type of discrimination is third degree price discrimination since third degree price discrimination involves charging different groups of customer’s different prices. This is true owing to the two groups of spectators being charged $ 150 for lower-yard...
1 Pages (250 words) Essay

Economic Issues

... Economic Issues was not a good financial year in most nations and they are currently trying to improve their economy and get back on track. UK was one of the nations affected by the financial meltdown with most industries having to downsize and most cities being affected greatly. London however has improved its economic strength quickly and tremendously the last few months and it is booming. The rest of the cities in the country are however really lagging behind and their lack of economic growth being masked by the massive and quick growth of the economy in London. These cities such as Stoke-on-Trent which was once booming with business and investors are now struggling to even keep majority of their industries open as the investors have...
2 Pages (500 words) Essay

Economic Growth in Africa

...Foreign direct investment has been viewed as key driver of economic growth in Africa. The economy of various countries has robustly increased by double digits over the past decades bringing new changes to their economies, but this has not solved the various problems that the continent is still facing. The problem of unemployment has become a night mare to most African countries.(Meier and Rauch, 2005) .The current statistics in Africa on issue of youth unemployment has been calculated to stand at percentage of 50-60, this results from higher rates of poverty that still affect developing countries. Besides the overall skills, the personnel are still incomparable and this has seen continuous increase in domestic labour in Africa. Foreign...
1 Pages (250 words) Essay

American economic issues

Because debt plays such an integral part in the economy, it must be measured appropriately to convey the long-term impacts it brings forth. Currently, the national debt held by the public is over $13 trillion, which is around 74 percent of the country’s economy, as measured by Gross Domestic Product (GDP) (Fisanick, 2010). The gross debt, which includes money owed to other parts of the federal government, is over $18 trillion. The National debt has accumulated to that because, over the last 40 years, the federal government has generally spent more than it collected in revenue. When this occurs, the government must borrow money to cover the difference. The government borrows by selling securities such as treasury bonds, then...
5 Pages (1250 words) Essay

Several Issues Created by the East India Company

The eventful history of India and Pakistan gives plenty of reason to attribute to their bitter rivalry. The wars fought in 1965, 1971 and 1947 are a testament to this; so are the various bombings that each country’s intelligence agencies have planned on each other’s country (Crossette, 2008). Both countries have constantly bombarded each other over the line of control and escalation of forces at the border to mount pressure on each other has become a frequent course of action. Kashmir still remains disputed territory with no sign of resolution in the coming future. Even the control of environmental resources such as water and its use (Indus Water Treaty) has been a cause of concern and argument for each country. It is...
7 Pages (1750 words) Case Study

Contemporary Issues in World of Politics Climate Change Policy

It is more than a particular problem of any specific community. In fact, climate change has a wider global nature compared to other environmental issues and it affects the people of every nation and boundary. Therefore, the issue of climate change has a far wider reach than the other environmental issues and it is an issue concerned with almost all the international communities. It is identifiable that national boundaries may attempt to prevent the movement of people and goods across the boundaries of the nation. However, when it comes to pertinent environmental issues such as climate change, these issues do not stop at borders, making them – some would argue – quintessentially global phenomena. “Climate change i...
6 Pages (1500 words) Case Study

Issues Connected to Human Resources Management

Notably, management professionals would agree, HRM system is an integration of various management practices with ‘people’ at its prime focus (Jackson, Schuler & Werner, 2008); and, the common factor between business organisations and educational institutions is ‘people,’ although their goals differ. This could be one main reason for attempting to implement HRM in educational institutions, although it is customized to organisational benefit.

Halachmi’s (2002a) extensive analysis on performance measurement clearly indicates the need for performance measurement in order to achieve the goals; and, it, in turn, establishes targets aligned to organisational goals and expectations; makes evalu...
8 Pages (2000 words) Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages (2250 words) Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages (1750 words) Case Study

Issues of Moral Philosophy

After the stimulus of the sensation has passed, there will remain a fleeting image or “fading relics of sensation” (Oakeshott, 1981: 249); these fading relics of sensation are called images or ideas. When we become conscious of images, it is called imagination. And when we try to recollect these images it is called memory. Being such, the whole gamut of human experience is made up of his/her entire memories. The succession of images in the mind is called mental discourse and it may be haphazard or regulated. Prudence is the recollection of past memories combined with present experience, thereby allowing human persons to associate, predict or anticipate others or even events. In this sense, prudence is natural wisdom an...
8 Pages (2000 words) Assignment

Multiculturalism: Socio-economic Impacts on Modern States

This paper tends to argue that multicultural policies have promoted social segregation and economic insecurity in modern states. As the most relevant example, it will also evaluate how multicultural policies have evolved to be the most recent threat to the nationality and cohesion of Australia and the United Kingdom.

To begin with, many of the policies enacted on citizenship and immigration have brought about incessant controversy in Australia. In addition, the exceeding emphasis put on the multicultural policy has given rather unfavorable outcomes to both Australia and the UK. Policies that are intended to ensure equal representation and opportunities often create frustration and disappointment among certain interest g...
6 Pages (1500 words) Case Study

HRM Issues and Diversification Strategies of Nucor Corporation

The cyclical nature of the steel industry is too demanding for numerous business owners. Nucor has undeniably come through this business cycle to sustain an affirmative profit edge in each quarter since 1966 (Boyd & Gove, 2000).

In spite of their discouraging entrance in the steel industry, Nucor Corporation has become a benchmark for both the U.S. steel industry and the U.S. industry in general. It is one of the fastest-growing and most resourceful steel producers around the globe. Regardless of the decreasing demand for steel, Nucor’s expansion has been exceptional; the company is among the top producers of steel in the U.S. Without a Research and Development department, Nucor has constantly accomplished techno...
7 Pages (1750 words) Case Study

Williamson's Influence on Economic Theory

he issues include inter-firm relations, trans-nationalization, regional culture, various production systems, regional culture, flows of knowledge through social networks, closely tied personal and business lives, embeddedness in surrounding society, external control and ownership, and contractual relations. Boundaries are demarcations of the firm’s structure that comprises an organization. All the above make demarcation of a firm difficult to ascertain. Boundaries are important in defining how and when things are done in the firm and establish rules and norms for inclusion or seclusion. It also determines parameters of organizational influence depending on the degree of the sector and its power over external influences. This...
6 Pages (1500 words) Essay

Economic and Social Impact of Globalization

Global corporations are heightening their awareness of the nature of their business relationships with diverse governments considered of primary importance to manage factors influencing their performance. From among the elements that global organizations closely and continuously evaluate, the social and economic impacts are considered of significant importance. As the components and diverse perspectives of globalization affect both the host organizations and those nations they do business with, this research aims to proffer significant social and economic issues that impact global strategies.

The concept of globalization encompasses theories beyond the traditional view that global corporations merely do business abroad....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Annotated Bibliography on topic Economic issues for a country in Africa for FREE!

Contact Us