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Exchange rate volatility on unemployment in South Africa

Ronney Ncwadi

ISBN 10: 3659454451 / ISBN 13: 9783659454455
Published by LAP LAMBERT Academic Publishing
New Condition: New Soft cover
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Paperback. 104 pages. Dimensions: 8.7in. x 5.9in. x 0.2in.The South African economy experienced a rapid depreciation of the rand in 2001, low growth on exports and high unemployment and this led to a hot debate on the impact of exchange rate volatility on unemployment. This study therefore, went on to examine the impact of exchange rate volatility on unemployment. It was discovered that the main problem facing South African labour markets is demand for higher wages which is not linked to productivity. This leads to high production costs causing reduction in employment levels. The study reveals that real exchange rate volatility does have an impact on unemployment. In order to leverage from rapid increases in exchange rates by creating the necessary employment opportunities, South Africa should facilitate trade in a new environment through economic interdependence and globalisation. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783659454455

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Bibliographic Details

Title: Exchange rate volatility on unemployment in ...

Publisher: LAP LAMBERT Academic Publishing

Binding: Paperback

Book Condition:New

Book Type: Paperback

About this title

Synopsis:

The South African economy experienced a rapid depreciation of the rand in 2001,low growth on exports and high unemployment and this led to a hot debate on the impact of exchange rate volatility on unemployment. This study therefore,went on to examine the impact of exchange rate volatility on unemployment.It was discovered that the main problem facing South African labour markets is demand for higher wages which is not linked to productivity. This leads to high production costs causing reduction in employment levels. The study reveals that real exchange rate volatility does have an impact on unemployment. In order to leverage from rapid increases in exchange rates by creating the necessary employment opportunities, South Africa should facilitate trade in a new environment through economic interdependence and globalisation.

About the Author:

Olivia Nyahokwe is a graduate from the University of Fort Hare in South Africa. She was born in Zimbabwe.She has done research on many macroeconomics issues.She has published journal articles.She lectures University of South Africa Economics modules at LITE campus.She lives in SA,with her husband,Jeremiah Singizi.She has one son,Shaun.

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